Lilium Leads AAM Composite Higher On Capital Raise News

eVTOL aircraft

Lilium and CustomCells began ramping up battery cell production in March 2023.

Lilium saw its shares rebound sharply during the week ending May 5 following news of a fresh capital raise that the company says will see it through to the first manned flight of its Lilium Jet late next year. Shares in Lilium more than doubled from an all-time low of $0.38 on Monday, May 1, to...
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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