Europe

German electic aircraft maker Lilium raises US$119 million in fresh capital

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German electic aircraft maker Lilium raises US$119 million in fresh capital

Munich-based Lilium, which describes itself as "developer of the first all-electric vertical take-off and landing (“eVTOL”) jet", last week announced the "successful closing of a $119 million capital raise from existing shareholders, new investors, and strategic partners". Among the participants...

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