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Businesses Transportation

Electric Aircraft Startup Lilium Ceases Operations, 1,000 Workers Laid Off (techcrunch.com) 23

Lilium, once a darling in the nascent industry of electric aircraft that raised more than $1 billion before going public, has ceased operations and laid off about 1,000 workers after efforts to gain financing and exit insolvency failed. From a report: Lilium co-founder and CEO Patrick Nathen confirmed on LinkedIn that the 10-year-old company had stopped operating. "After 10 years and 10 months, it is a sad fact that Lilium has ceased operations. The company that Daniel, Sebastian, Matthias and I founded can no longer pursue our shared belief in more environmentally friendly aviation. This is heartbreaking and the timing feels painfully ironic," wrote Nathen. The layoffs cover the bulk of the company's workforce and come a few days after about 200 workers were let go, according to a regulatory filing on December 16.

Electric Aircraft Startup Lilium Ceases Operations, 1,000 Workers Laid Off

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  • by Frank Burly ( 4247955 ) on Monday December 23, 2024 @02:53PM (#65035125)
    They should have claimed that they were using AI to design an airplane that would be flown by an AI pilot and serviced by an AI ground crew... and to facilitate this, the plane would have to be electric.
  • 1000 people? What exactly were they all doing?

    • by Luckyo ( 1726890 )

      While it's probably inflated from reality, you still need quite a few people for aircraft design work to proceed apace. Everything from engineers to actual makers to compliance specialists to investor relations people.

    • by CEC-P ( 10248912 )
      Leaks from inside the company suggest they were doing everything except putting batteries on scales and then adding those values up.
  • the "darling"? (Score:4, Interesting)

    by argStyopa ( 232550 ) on Monday December 23, 2024 @04:34PM (#65035401) Journal

    Nothing here sounded right from the beginning yet, like so many pie-in-the-sky bullshit tech presentations lately (eg Commonwealths announced new FUSION power plant construction in VA...) , they seemed to be able to harvest 10-digit funding based on nothing more than fancy CGI and hope.

    Batteries are heavy as fuck, even heavy for cars & trucks (heavy enough that presentations of commercial grade delivery trucks dance their statistics into ephemera when you ask direct questions about load capacity). And planes need a lot of energy to get off the ground.

    So the idea they they were just going to imagineer a design for a plane that could a) get off the ground for b) a meaningful amount of time was already a very, very high engineering bar

    And then to add the expectation of VTOL? Why not just also plan for a kitchen sink in there too?

    I don't want to malign the founders because I don't know them, I'll hope that they were native optimists. But this whole thing looked to me more like it was something designed to fly only through venture capital funding rounds.

    • by Sique ( 173459 )

      Batteries are heavy as fuck, even heavy for cars & trucks (heavy enough that presentations of commercial grade delivery trucks dance their statistics into ephemera when you ask direct questions about load capacity). And planes need a lot of energy to get off the ground.

      I don't know from which source you drink your wisdom, but Scania, MAN, Renault, Mercedes-Benz and Volvo sell electric semi trucks in Europe. and transport companies are buying them.

  • This thing was a nice tech-demo. Tech-demos are typically not useful in the real world.

The perversity of nature is nowhere better demonstrated by the fact that, when exposed to the same atmosphere, bread becomes hard while crackers become soft.

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