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Ambitious Air Mobility Group looks to resurrect Lilium aircraft programme

Ambitious Air Mobility Group (AAMG) is looking to acquire Lilium’s key assets, including intellectual property, testing facilities and some employees. AAMG intends to develop Lilium’s aircraft platform and set up a supply chain to build the aircraft in Europe.

A statement from AAMG says it ordered 16 Lilium aircraft prior to the insolvency proceedings and is offering to revitalise the company with capital of over 250 million euros. A further 500 million euros could be invested for the global expansion of operations.

AAMG says it has already planned a cooperation programme with potential suppliers, authorities and government partners. 

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Ambitious Air Mobility Group

Image: Lilium

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