Electric vertical takeoff and landing (eVTOL) aircraft development
Strategic Profile
The company was founded in 2015 and is headquartered in Gauting, Germany. The company's once-flagship Lilium Jet represented an advanced eVTOL technology platform featuring Ducted Electric Vectored Thrust propulsion, but faced operational and funding challenges that ultimately led to insolvency in 2024 and subsequent restructuring under investor consortium ownership.
Cyborg Score Rationale
The company is in the process of liquidation of its remaining assets. Market capitalization has collapsed to under $1 million as of mid-2026, reflecting the terminal state of the enterprise following 2024 insolvency proceedings.
Top Insights
Ceased operations in late 2024 after failing to secure additional funding despite raising over $1 billion historically
Patent portfolio (~300 advanced air mobility assets) acquired by Archer Aviation in October 2025 for €18 million
Trading on OTC Markets at $0.001/share with market cap under $1M as of June 2026
Formerly developing 7-seater electric Lilium Jet using proprietary Ducted Electric Vectored Thrust (DEVT) technology
Named Competitors
Joby Aero — eVTOL air taxi services and aircraft development
Archer Midnight — eVTOL aircraft manufacturer and air mobility provider
Volocopter — Urban air mobility and eVTOL aircraft developer
Vertical Aerospace — eVTOL aircraft manufacturer for regional air mobility
Recent Developments
(October 2025) Archer Aviation acquired ~300 Lilium patents for €18 million ($20.91 million)
(Late 2024) Lilium ceased operations and laid off approximately 1,000 employees
(June 2026) Company remains in liquidation status with minimal trading activity on OTC Markets
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