Analysis: Lilium Faces Deepening Financial Crisis

Ben Goldstein March 30, 2023
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...
Ben Goldstein

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

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