Lilium is projected to run out of cash in the third quarter of this year, according to SMG Consulting.
Credit: Lilium
2024 is shaping up to be a make-it-or-break-it year for electric vertical-takeoff-and-landing (eVTOL) startups, with industry front-runners pushing forward with plans to type certify aircraft and launch service as soon as next year. But a widening gap between the well-capitalized and poorly...
AAM Memo: How Long Until eVTOL Startups Run Out of Cash? is available to both Aviation Week & Space Technology and AWIN subscribers.
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