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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