According to a statement from Lilium of just a few minutes ago:
“As the funding options to secure Lilium’s future have not materialized in time, Lilium Aerospace has filed for insolvency today. While talks about alternative solutions are still ongoing, the chance for restructuring right now is highly unlikely and therefore operations will be stopped. Giving the situation, this is deeply regretful for all employees and Lilium Aerospace thanks them for their resilience and dedication. ”
For more information
https://lilium.com/