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12.24 00:05 • 604 A German startup has witnessed a Christmas miracle - electric flying taxi maker Lilium had to declare bankruptcy, lay off employees and cease operations earlier this week. However, on Christmas Day, it received official confirmation of a buyout from a consortium of investors, Mobile Uplift, which led to a 270% increase in its shares on the stock exchange. The virtually bankrupt company recorded one of its best 24-hour growths at the end of the year and was able to continue its operations, as investors plan to invest money in the startup and develop its technology.


As for Lilium's activities, it has received permission from the European Union Aviation Safety Agency to design, manufacture and operate vertical take-off vehicles, and it is currently trying to create an air taxi. Its electric italy fax data prototype can travel up to 300 kilometers on a full charge and can fly quite fast. Lilium's air taxi will be designed for urban use and, in essence, is more like a large drone than an airplane.


small and medium-sized startups, industrial giants are also working on the creation of flying taxis, including the American Boeing and the European Airbus. Lily eVTOL TECH INFORM Investments Flying taxi Flying taxis Similar news Xi Jinping Chinese President Meets with American Investors, CEOs, and Academics – What Did the Parties Talk About? 22:40 - 27.