Lilium Raises $240 MillionTo Advance eVTOL Development

March 24, 2020
Lilium had completed flight tests of its first prototype when it was damaged by fire.
Credit: Lilium
Electric air taxi developer Lilium has raised an additional $240 million from existing investors, taking the total raised so far by the German startup to more than $340 million. The internal funding round was led by Chinese technology company Tencent, with participation by European venture-capital...

Subscription Required

 

Lilium Raises $240 MillionTo Advance eVTOL Development is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.

LoginLearn How

Related Content

South Korean Team Completes End-To-End UAM Operational Demo
Volocopter May Have To Consider Insolvency In ‘Foreseeable Future’
Ascent Technologies Spirit
Robinson Helicopter Buys UAS Company In Its First Acquisition
Abu Dhabi Company Backs Chinese Electric Light Aircraft
Experienced Aerospace Leader Joins Electric Engine Startup Evolito
Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Aerospace & Defense market - only available with AWIN.

ASD_AWIN_thumbnail_270

Stay Connected.
Stay Informed
Grow Your Business.

Learn How