Flying taxi maker Lillium is laying off 1,000 workers

Lilium, a company working on flying taxis that can take off and land vertically, has gone out of business. Like Results TechCrunch articles, German media Event initiator was the first book to say it had laid off 1,000 workers a few days ago after it failed to raise enough money to continue technology development. Patrick Nathen, the company’s co-founder, has announced that the company has ceased operations LinkedIn. Writing to the founders, they said they could no longer continue their “belief in sharing green aviation,” at least under Lilium.

The German company has been testing its VTOL electric taxis for some time. His car took off for the first time first flight in 2017and completed its first phase of flight tests in 2019. Lilium was able to prove that its VTOL air taxis can fly at speeds of more than 100 kilometers per hour, even Lily Jet model which was unveiled in 2019 was supposed to travel at a speed of up to 300 kmh and have a range of 300 km.

Lilium has struggled financially over the past year, but its CEO says he remained hopeful about being able to get enough money as recently as last month. Event initiator he said a few people will continue to work to help solve it. The company has not announced what will happen to its technology and products, but its patent attorney, Fabien Müller, he wrote in the post that he is overseeing the evolution of Lilium’s wisdom.

If you buy something through a link in this article, we may get a job.