Aviation Ambitious Air Mobility Group Wants to Invest in Lilium

From | Translated by AI 1 min Reading Time

The Ambitious Air Mobility Group, a European industrial and investment holding, is showing interest in continuing the Lilium aircraft program by acquiring key assets and securing technical expertise.

The industrial and investment holding Ambitious Air Mobility Group plans to invest in Lilium, aiming to retain expertise in Europe and create jobs in the European aerospace sector.(Image: Lilium)
The industrial and investment holding Ambitious Air Mobility Group plans to invest in Lilium, aiming to retain expertise in Europe and create jobs in the European aerospace sector.
(Image: Lilium)

"We are convinced that what has been developed here in Bavaria is groundbreaking and both technically and economically feasible," explains Dr. Robert Kamp, CEO & Senior Partner of Ambitious Air Mobility Group (AAMG), regarding the reasons for the investment plans, adding: "The Lilium platform is the result of years of effort by some of the world's most talented engineers. We are excited about the opportunity to advance this platform, invest in it, and realize its full potential."

The AAMG had already ordered 16 Lilium aircraft, demonstrating its confidence in the technology and the vision of the program. The industrial and investment holding is now preparing to revive the company, with over 250 million euros (approx. 290 million USD) in capital at its disposal.

Retain Know-How in Europe

The AAMG plans to collaborate with various stakeholders, including existing suppliers, authorities, and government partners, to ensure that the project remains based in Europe and meets the high standards and demands of German and European aerospace expertise.

The AAMG's offer includes:

  • Acquisition of intellectual property (IP), assets, and test facilities from Lilium
  • Retention and hiring of key engineering and certification teams
  • Continuation of the development and certification of the aircraft platform
  • Activation of a European supply chain to support the program

The company emphasized that its investment approach is fully funded. An initial commitment of 250 million euros is available, with access to an additional 500 million euros for expanding operations in Europe and beyond. (se)

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