Financial PerformanceLilium reported a cash burn of (€190.4M) during the first half of the year, a 73% increase from the previous year, which could indicate financial instability.
Funding UncertaintyThe Federal Government of Germany has failed to advance a €50M state-loan that Lilium was expecting to receive from the German State Development Bank, raising concerns about future funding sources.
Operational RisksThere is a risk that Lilium could need to substantially reduce costs or scale back operations if the German Government loan is not completed, threatening the company's growth prospects.