Building radically better
Lilium was founded in 2015 in Munich, Germany by four aerospace engineers. The company developed the Lilium Jet, an all-electric eVTOL aircraft powered by 36 electric engines on its wings, designed for high-speed regional air travel with zero operating emissions. Lilium went public via SPAC in 2021 (NASDAQ: LILM) but filed for insolvency in Germany in October 2024. A new entity, Lilium GmbH, was subsequently formed to continue aircraft development.
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