Analysis: Lilium Faces Deepening Financial Crisis

Lilium
Lilium needs to raise an additional $540 million to fund operations through certification.
Credit: Lilium
This year is shaping up to be a pivotal one for the burgeoning advanced air mobility (AAM) sector, and whether the companies in the race to certify their aircraft have the necessary capital remains an open question. Financial conditions have tightened considerably over the last 12 months, and...

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