Lightyear makes a new start with the solar car Lightyear2. The Helmond-based company announced this in a press release on 20 February. A group of private investors has raised 8 million euros, with which the construction of the Lightyear2 model can be continued.
‘Great news’
The Helmond-based company filed for bankruptcy for its subsidiary Atlas Technologies in January, but is now making a partial restart. Together with loyal investors, 8 million euros were raised within a day, which, according to Lightyear, is sufficient for a restart.
Lightyear founder Lex Hoefsloot: "This is great news. Everyone involved has worked relentlessly to ensure the continuation of our mission. We have kept the interests of all stakeholders in mind during this process. We realize that the impact on our employees, investors, customers and suppliers is great, but we have tried to find the best way for everyone.
Through continued support and efforts from our loyal investor community, Lightyear was able to raise enough money to create a solid capital base for our new business. We would like to thank the Individual Investors Group (IIG) for their commitment and trust in our mission. This foundation gives us the opportunity to continue working on the concept and raise the additional capital needed to start production of the Lightyear 2."
Strong faith
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