Lilium’s Assets Acquired by Mobile Uplift Corporation

ByAdmin

Lilium GmbH, the German electric aircraft startup known for developing the Lilium Jet, has entered into an asset purchase agreement with Mobile Uplift Corporation GmbH, a consortium of investors from Europe and North America. This development follows Lilium’s recent financial challenges, culminating in the cessation of operations and the layoff of approximately 1,000 workers on December 20, 2024. 

|

Lilium Appoints KPMG for Transparent M&A Process to Drive Fresh Investment

ByAdmin

Lilium, a German aviation company specializing in all-electric vertical takeoff and landing (eVTOL) aircraft, has appointed KPMG in the Netherlands to oversee a transparent and structured mergers and acquisitions (M&A) process. This initiative is part of Lilium’s strategic focus on securing new investment following a recent restructuring, as the company aims to advance the development…