Credit: Lilium
FRANKFURT—Electric aircraft manufacturer Lilium Aerospace filed for insolvency Feb. 21 after its main investor failed to provide promised funding for the rebuilding of operations, likely ending the company’s efforts to build and certify its Lilium Jet. “As the funding options to secure Lilium’s...
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Lilium Files For Bankruptcy Again As Funding Proves Elusive is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.
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