Lilium Announces $114 Million In Expected New Financing

Ben Goldstein May 24, 2024

Lilium plans to launch initial services in 2026 with its Lilium Jet.

Credit: Lilium
Lilium has announced a new financing round expected to raise up to $114 million, offering a much-needed lifeline to the electric vertical-takeoff-and-landing (eVTOL) startup. The new capital raise consists of several components: a $40 million public offering; a $50 million private placement in...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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