Overview
- Insolvency administrator Ivo-Meinert Willrodt confirmed the transfer to Archer after the creditor committees of Lilium entities approved the sale.
- The portfolio covers high-voltage systems, battery management, flight-control, electric drives, aircraft design and ducted-propeller technology.
- Prototypes, equipment and test facilities are not included in the deal and are being prepared for a separate online auction.
- Competing bids came from Joby Aviation and the Dutch-based Ambitious Air Mobility Group, which claims its higher, secured offers for all assets were not properly considered and is contesting the process.
- Archer CEO Adam Goldstein said the acquired technologies will be incorporated into the company’s eVTOL roadmap, underscoring consolidation as Lilium’s operations wind down after raising about €1.5 billion without reaching serial production.