Europe

Lilium expects adjusted cash spend to be $200 million in first half of year

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Lilium expects adjusted cash spend to be $200 million in first half of year

In its shareholder letter for the fourth quarter of 2023, Lilium said it expects its adjusted cash spend for the first half of 2024 to be between $187-198 million. The expectation is in line with its increase in production and testing activity. ""For Lilium, 2023 was a pivotal year, in which we tra...

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