Shuttered Electric Air Taxi Startup Lilium May Be Saved After All

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees. From a report: Mobile Uplift Corporation, a company set up by investors from Europe and North America, has agreed to acquire the operating assets of the startup's two subsidiaries, Lilium GmbH and Lilium eAircraft GmbH, per an announcement Tuesday.
The parent company, Lilium N.V, will not receive any funds in accordance with German insolvency law. T