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Shuttered electric air taxi startup Lilium may be saved after all

  • Shuttered electric air taxi startup Lilium is being resurrected after investors acquire its operating assets.
  • Mobile Uplift Corporation, a consortium of investors, has agreed to acquire Lilium GmbH and Lilium eAircraft GmbH.
  • The parent company, Lilium N.V, will not receive any funds according to German insolvency law.
  • The new owners plan to restructure Lilium and rehire some of the laid-off workers to restart the business.

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