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FutureFlight
Lilium and Archer Head to Wall Street for Share Flotations
Having completed their mergers with special purpose acquisition companies, two more eVTOL start-ups are going public in New York but both are set to raise less capital than anticipated.
Along with eVTOL aircraft rival Archer, Lilium this week is raising fresh capital to support the development of its ducted fan design, but could investors' perspective on the sector be shifting now that several frontrunners are going public? (Image: Lilium)
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By
Charles Alcock
• Managing Editor
September 15, 2021