Electric aircraft startup Lilium has run out of money

Electric aircraft startup Lilium is shutting down after failing to raise emergency money from the German government, according to a regulatory filing. The filing comes after a series of setbacks from the German company that was once a darling in the nascent industry of electric aircraft. Lilium, which was developing vertical take-off and landing (VTOL) aircraft […] © 2024 TechCrunch. All rights reserved. For personal use only....