Lilium To Raise Up To $192 Million Through Upsized Financing Package

The Lilium Jet can carry a pilot and six passengers up to 250 km (155 mi.).

Credit: Lilium
Lilium has announced plans to raise up to $192 million in new financing, more than previously anticipated, through a public share offering and private placement that should take the air taxi developer most of the way to first manned flight next year. That new funding was widely expected, as Lilium...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.