Lilium To Seek Additional Funding For eVTOL Development

Lililium Jet
Credit: Lilium
German electric vertical-takeoff-and-landing (eVTOL) startup Lilium plans to raise an additional $119 million through the private placement of shares with existing shareholders, new investors and key suppliers. Having raised $584 million in September 2021 through a going-public merger with blank...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

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