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The Bavarian air cab manufacturer Lilium
$LILM (-10,98 %) receives no funding from the federal budget 🇩🇪.

Although Bavaria 50 million euros in support, the traffic light parties rejected the co-funding. co-financing by the federal government.

The reason for this is doubts about the company's long-term liquidity.

FDP-politician Frank Schäffler considers the risk for the federal government to be too high and calls for Bavaria to bear the support alone. Minister President Markus Söder criticizes the decision as putting Bavaria at a disadvantage, as other technologies in the north would be subsidized. -FAZ

Photo: Credit: -/Lilium/dpa Copyright: (c) Lilium

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One of the good decisions made by the traffic lights.
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What does Frank Thelen say?
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While the USA and China are more willing to take risks here, Germany is taking the tried and tested safe route and focusing on other value creation potential.
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At least one opportunity to waste millions that the government is not taking advantage of.
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Incredible ....... 😔
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