Lilium Unveils Plan To Raise Up To $250 Million In Fresh Capital

The Lilium Jet is designed to carry six passengers and a pilot up to 175 km with a 250-kph maximum speed. 

Credit: Lilium
German air taxi startup Lilium has announced a plan to raise up to $250 million in fresh capital, including a large infusion from existing investor Tencent Holding, which the company says will help it get to the first manned flight of its Lilium Jet late next year. The financing plan comes at a...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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