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home / news releases / TCEHY - Lilium Aviation: A Leading Electric Air Mobility Company Is Going Public Via SPAC

TCEHY - Lilium Aviation: A Leading Electric Air Mobility Company Is Going Public Via SPAC

Tencent Holdings Ltd. ADR
  • In our research we always want to bring companies and industries to your attention that are not yet on top of Wall Street‘s radar.
  • Air mobility may be one of the most disruptive future markets with an estimated >$1 trillion opportunity by 2040.
  • Globally around 150-200 projects and companies work on new technologies, including German-based Lilium Aviation, which is one of the leaders in the field with superior technology and strong financial backing.
  • The recently announced $3.3bn SPAC merger with Qell Acquisition will give Lilium a significant cash injection towards commercialization, and will also put the company on the radar of Wall Street analysts.
  • Management expects commercial launch by 2024, so investors will have to be patient.

For further details see:

Lilium Aviation: A Leading Electric Air Mobility Company Is Going Public Via SPAC
Stock Information
Company Name: Tencent Holdings Ltd. ADR
Stock Symbol: TCEHY
Market: OTC
Website: tencent.com
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