Lilium Gains Traction with New Jet Orders Amid Restructuring

Lilium (LILMF) has released an update.

Lilium GmbH is making significant strides with its electric aircraft program, securing a sales agreement for eight Lilium Jets with The Ambitious Group and progressing towards its first manned flight. Despite ongoing insolvency proceedings, Lilium’s order pipeline remains robust, with 108 firm orders, and the company continues to advance its testing and flight operations solutions. The successful execution of their M&A process is critical for overcoming financial challenges and achieving future growth.

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