72 place 3

218 A Christmas Miracle? Electric aircraft/airtaxi pioneer Lilium achieves breakthrough in investor search

EU-Startups
Thomas Ohr @ EU-Startups 1 place · 12/24/2024 08:45 EDT

A Christmas Miracle? Electric aircraft/airtaxi pioneer Lilium achieves breakthrough in investor search

Until this morning, it seemed certain that Lilium would cease operations and let go all of its more than 1,000 employees. Founded in 2015, the Munich based electric aircraft startup, had recently failed to secure follow-on funding, and was reaching the point of insolvency. Just before Christmas, the company had to lay off all its ...

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