Electric flying
Lilium reports bankruptcy for the second time
A Christmas miracle seemed: At the end of December, an investor consortium wanted to save the electric aircraft manufacturer Lilium. But the promised money never came.
The electrical aircraft manufacturer Lilium reports bankruptcy for the second time after a failed rescue. The 200 million euros promised by an investor consortium to save the start-up company have not been raised. The company announced that.
Promised money did not come
The financing options would not have materialized, it said in the narrow message. Lilium was listed by one of the best known and most ambitious German start-ups and even at the US technology authority Nasdaq. Over the years, investors made a total of 1.5 billion euros available for the development of an electric aircraft. However, the machine was not ready for series production.
In autumn, Lilium had to register bankruptcy for the first time because the money was missing for the development of production. In literally last second, the investor consortium Mobile Uplift Corporation (MUC) then signed a purchase contract for the business assets of the two Lilium subsidiaries Lilium GmbH and Lilium Eaircraft on December 24th and announced 200 million euros in fresh money.
Anal rescue attempt not in prospect
The fact that there could also be a second salvation after the second bankruptcy is very unlikely despite the continued discussions. That is why the company is now being discontinued.
The Slovak entrepreneur Marian Bocek had agreed to be a main money provider, but it was not said that his contribution was said. According to an earlier report of the “Bild” newspaper, Bocek wanted to contribute 150 million euros.
Not only intended as air taxi
The e-aircraft, which is often referred to as “air taxis”, should also be used for other purposes, including as a rescue aviator for medical emergencies. Several – both old and new – investors were involved in the now failed rescue, but not all were known by name.
In addition to BOCEK, this included the German battery developer and manufacturer CustomCells, the risk capital fund Earlybird and the financial participation advice Gencap. The Slovak entrepreneur Bocek is a well-known name in the electrical scene, in his homeland he founded the battery manufacturer Inobat.
dpa
Source: Stern
