Lilium is seeking to launch in the commercial market in 2024.Lilium
Key Takeaways:
Air taxi developer Lilium officially launched on the Nasdaq stock exchange (LILM) after completing a merger with special purpose acquisition company (SPAC) Qell Acquisition Group.
Lilium is the third eVTOL company to go public recently, reflecting a significant trend in the growing industry focused on sustainable, high-speed regional air travel.
The company received approximately $584 million and plans a commercial launch in 2024 for its unique seven-seater eVTOL jet, which uses 36 ducted electric fans for flight.
Air taxi developer Lilium officially launched on the Nasdaq stock exchange Wednesday, days after shareholders of special purpose acquisition company (SPAC) Qell Acquisition Group approved a merger on September 10.
The Germany-based company is now trading as “LILM.”
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