Bidder for Lilium’s eVTOL Assets Sees Opportunity Despite Complications | Aviation International News

Finance, Taxes, Insurance

Bidder for Lilium’s Assets Sees Opportunity Despite Complications

AAMG is pressing for a deal to buy what remains of the eVTOL aircraft developer

Lilium eVTOL aircraft — The Ambitious Air Mobility Group once planned to deploy the Lilium Jet for air taxi services in countries including Belgium.

By Charles Alcock • Managing Editor

September 9, 2025

Efforts to resurrect insolvent eVTOL aircraft developer Lilium appear stalled as prospective investors at the Ambitious Air Mobility Group (AAMG) seek to find a way through the legal complexities and plan to acquire the company’s assets, intellectual property, and facilities. The Netherlands-based company has said it could invest up to €750 million ($880 million) to resume work on the aircraft while also seeking new revenue streams, including new military applications and allowing third parties to use Lilium’s test facilities at Oberpfaffenhofen in southern Germany.

According to Robert Kamp, AAMG’s CEO, it is proving difficult to agree on terms with the German administrator handling Lilium’s insolvency, in part due to potential disputes with creditors over around one-third of all the assets. AAMG has indicated that it has €250 million in capital lined up for an initial investment with access to an additional €500 million for longer-term plans.

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