European flying taxi company Lilium has stopped its operations

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European flying taxi company Lilium has stopped its operations

By admin, Aralık 24, 2024

European flying taxi company Lilium has stopped its operations





European flying taxi company Lilium has stopped its operations



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Electric aircraft startup based in Germany Lilyongoing for more than 10 years stopped its activities and about laid off 1,000 employees announced. Lilium raised $1 billion before going public and became one of the favorites of the developing electric flying vehicle industry. However, the company was forced to make this decision after failing to secure financing and navigate its way out of bankruptcy.

End of the road for Lilium

Patrick Nathen, co-founder and CEO of Lilium, said in a statement on LinkedIn: “It is a sad fact that after 10 years and 10 months, Lilium has ceased operations” He said it was both very sad and painfully ironic in its timing. With the suspension of operations, most of Lilium’s employees became unemployed.

Lilium attracted attention with its innovative projects developing vertical takeoff and landing (VTOL) technology. The company aimed to make an environmentally friendly revolution in aviation with its fully electric jets that can reach speeds of 100 km per hour. Lilium, which has the support of large investors such as Tencent, is from Saudi Arabia. 100 electric air taxis It had created a serious customer base by taking pre-orders for .

While the company had made some progress, including running its first full-scale prototype, it was still years away from delivering its product. Meanwhile, in October, the company announced that it would file for bankruptcy after failing to obtain urgent financing from the German government. Lilium, on the other hand, Europe’s flying taxis It is not the only company that has difficulties.














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