Lilium, a German startup that’s making an all-electric vertical takeoff and landing passenger jet, is in talks to go public through a merger with Qell Acquisition Corp. (QELL), a special purpose acquisition company, according to people with knowledge of the matter.
Update(s):
March 30, 2021: Lilium GmbH, positioned to be the global leader in regional electric air mobility, with the development of its electric vertical take-off and landing jet, has entered into a definitive business combination agreement with Qell Acquisition Corp. (QELL), a publicly listed special purpose acquisition company.