Lilium Raises $119 Million For eVTOL Aircraft Program With New Share Issue
The German start-up issued more than 91 million new Class A shares priced at $1.30 in a capital raise backed by a mix of new and existing shareholders, including several board directors.
Lilium is raising further funds to support work on its seven-passenger Lilium Jet eVTOL model. (Image: Lilium)