Lilium

About

Lilium developed the Lilium Jet, a 7-seater eVTOL with ducted electric jet engines. The company permanently ceased operations in February 2025 after filing for insolvency twice. A rescue deal with Mobile Uplift Corporation (MUC) valued at ~€210M fell through when funding did not materialize. Lilium raised over $1.4B and reached a peak valuation of $3.3B but never delivered a commercial aircraft. The company's technology and IP remain available for potential future acquisition.

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