Shuttered electric air taxi startup Lilium may be saved after all | TechCrunch

Image for article Shuttered electric air taxi startup Lilium may be saved after all | TechCrunch
News Source : TechCrunch

News Summary

  • Lilium filed for insolvency in October after failing to secure emergency funding
  • The electric air taxi startup laid off about 1,000 employees
  • A consortium of investors has resurrected Lilium just days after the startup ceased operations
  • The parent company, Lilium N
  • V
  • , will not receive any funds in accordance with German insolventcy law
A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees.Mobile Uplift Corporation, a company set up by in [+1834 chars]

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