German electric plane pioneer Lilium has found an investor to rescue it from insolvency and is to recall the around 750 staff it sacked last week, chief executive Karl Roewe said on Tuesday.
The Mobile Uplift Corporation consortium of investors has signed a contract to purchase the startup, which has developed an electrically powered vertical take-off and landing (VTOL) mini aircraft over the past 10 years.
“We are very happy to announce the signing of an investment…
