Lilium’s Jet eVTOL. | Image: Lilium
Two years before German air taxi manufacturer Lilium promised to deliver its first two aircraft to customers, the air taxi pioneer has run out of money and will imminently stop making them. In a filing to the US SEC, Lilium says it cannot acquire the funding to continue operations in its subsidiaries (Lilium GmbH and Lilium eAircraft GmbH), and is going into insolvency. We’ve been covering the company continually since 2017, when it successfully took its first flight in Germany.
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