German air taxi company Lilium plans to raise $250M

Lilium air taxi.jpg — Lilium is hoping to offer a new way for travelers to beat traffic and hop between cities.

R

By:

Reuters

May 02, 2023 01:30 PM

Germany's Lilium will raise up to $250 million, including from its largest shareholder Tencent Holdings, to fund the development of its eVTOL (electric vertical take-off and landing) jet.

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