February 24, 2025
Lilium was once a promising 'air taxi' startup worth billions. Now it's on the brink of insolvency
German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria.

German company Lilium produces flying electric passenger drones.

Lilium

German aerospace startup

eVTOLS: Are flying cars finally becoming reality?

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