<ul><li>Electric aircraft/airtaxi pioneer Lilium has achieved a breakthrough in its investor search.</li><li>The company, which was facing insolvency and had to lay off all its employees, has announced the signing of an asset purchase agreement with Mobile Uplift Corporation.</li><li>Mobile Uplift, backed by a consortium of investors from Europe and North America, intends to acquire the operating assets of Lilium subsidiaries and provide sufficient funding to restart business operations.</li><li>The deal is expected to close in early January 2025, subject to customary conditions precedent, and will enable Lilium to pursue its goal of conducting the first manned flight.</li></ul>

A Christmas Miracle? Electric aircraft/airtaxi pioneer Lilium achieves breakthrough in investor search

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