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FlightGlobalDominic Perry

Lilium Secures Investor Deal with Mobile Uplift to Resume Operations

Lilium has signed an asset purchase agreement with Mobile Uplift Corporation, comprising European and North American investors, to acquire its main subsidiaries. The deal, pending conditions precedent, aims to restart operations by January, thus preventing dissolution of the German electric aircraft manufacturer.

2024-12-24T03:03:42.814016-08:00

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Hype's Leadership section provides a curated selection of news and in-depth analysis on the trailblazers and decision-makers in the aviation, defense, and space industries. This collection includes detailed coverage of leadership changes, executive appointments, and the strategic directions set by the industry's top figures, offering a clear view of the personalities driving aerospace innovation and corporate dynamics.