Electric aircraft startup Lilium ceases operations, 1,000 workers laid off | TechCrunch

https://techcrunch.com/2024/12/23/electric-aircraft-startup-lilium-ceases-operations-1000-workers-laid-off/

24 points · 2 comments · view on lemmy.world

2 Comments

ladicius@lemmy.world · 10 pts · 1y

And nobody over here shed a single tear for them. Despite its pompous claims this company only survived on government handouts, and the second those handouts stopped the company fell from the sky like a stone.

The market had spoken.

extratone@lemmy.world · 1 pts · 1y

Perhaps its irrational, but the thought of aviating depending on chemical electric storage gives me sooo much range anxiety.