30-Dec-2024Source: Lilium
Lilium GmbH (“Lilium”), a pioneering electric aircraft manufacturer, announced the signing of an asset purchase agreement with Mobile Uplift Corporation GmbH, a company set up by an experienced consortium of investors from Europe and North America. Mobile Uplift Corporation GmbH intends to acquire the operating assets of the Subsidiaries Lilium GmbH and Lilium eAircraft GmbH.... Read more
18-Dec-2024Source: HeliHub.com
Lsat week Yves Yemsi, Chief Operating Officer at Lilium, tempted us with the following post on LinkedIn Having served Lilium during five intense and amazing years, it is with a mix of emotions that I decided to step down from my role of COO; as I will leave Lilium in the near future and will... Read more
5-Dec-2024Source: Lilium
Lilium GmbH (“Lilium”), a pioneering electric aircraft manufacturer, confirms that the KPMG-led M&A process aimed at delivering the company’s financial restructuring continues. In parallel, Lilium reports continuing program momentum both on the commercial and technology side as the company gears up towards first manned flight of the all-electric Lilium Jet. M&A process continues as planned... Read more
18-Nov-2024Source: Volcopter
Volocopter, the pioneer of sustainable urban air mobility, has appointed Oliver Vogelgesang as its Chief Financial Officer (CFO), effective immediately. As an experienced financial executive of a listed company, Oliver will steer the ongoing fundraising activities and future-proof financial activities following its aircraft certification in 2025 and entry into market. He takes over this position... Read more
7-Nov-2024Source: Lilium
Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), announces that it has appointed KPMG to conduct an open, transparent and fair M&A process. First investor briefings will start soon. This followed the local court of Weilheim’s approval of the insolvency filing of Lilium’s German subsidiaries and the... Read more
1-Nov-2024Source: Lilium
Lilium N.V. (Nasdaq: LILM) (the “Company” or “Lilium”), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), on Tuesday, October 29, 2024, announced in a Form 6-K filed with the Securities and Exchange Commission that the Company received a written notice from the staff of the Nasdaq Listing Qualifications Department (the “Staff”)... Read more
31-Oct-2024Source: Lilium
Extract from Lilium Form 6-K filing As previously disclosed, on October 28, 2024, Lilium GmbH and Lilium eAircraft GmbH, the principal operating wholly-owned German subsidiaries (the “Subsidiaries”) of Lilium N.V. (the “Company” or “Lilium”), filed for insolvency in the local court of Weilheim in Germany and applied for self-administration proceedings pursuant to Section 270(a) of... Read more
28-Oct-2024Source: Lilium
Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), announced that its principal German subsidiaries will apply for self-administration proceedings in the next few days with the competent court in Germany. This follows a lengthy and complex government approval process for a loan from KfW, which failed in... Read more
24-Oct-2024Source: HeliHub.com
eVTOL developer Lilium has its shares traded on the Nasdaq marked in the US, and has advised the SEC that it has run out of money and will not meet liabilities due in the next few days. Here are the pertinent extracts from the formal statement to SEC As previously reported, Lilium N.V. (the “Company”... Read more
24-Oct-2024Source: Lilium
With eVTOLs on the cusp of taking off commercially in the coming years, GE Aerospace is partnering with Lilium, a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), to build a solid safety foundation for this exciting new mode of travel. The two companies are bringing together their respective flight data and analytics platforms to... Read more
16-Oct-2024Source: HeliHub.com
German eVTOL developer Lilium have this week upped the ante and taken a bold move to “play politics” in its attempt to survive. Having flagged up on multiple occasions that it needs more cash to ensure continuing operations, this latest move is seen as its last ditch attempt and failure to raise further money will... Read more
2-Oct-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has completed the first power-on milestone of its revolutionary all-electric Lilium Jet. The successful test procedure on the first in-production Lilium Jet, MSN 1, represents a significant achievement on the path to first flight and certification, confirming that the aircraft... Read more
1-Oct-2024Source: Lilium
Lilium (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), is debuting the Lilium Jet, the world’s first fully electric jet that can take off and land vertically, to the U.S. market. The Lilium Jet is designed and optimized for regional travel with an aerodynamic shape and ducted electric fans... Read more
17-Sep-2024Source: Lilium
Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), announced changes to its Board of Directors, subject to approval at the upcoming extraordinary general meeting of shareholders (EGM) on Wednesday, September 18, 2024. The company intends to appoint Philippe Balducchi as a non-executive member of the Board, while... Read more
22-Aug-2024Source: Lilium
Lilium (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has successfully completed the first phase of integration testing of the Lilium Jet’s electrical power system at the company’s purpose-built laboratory. The test completion represents a key milestone on the path to flight conditions approval and type-certification of the revolutionary... Read more
25-Jul-2024Source: Lilium
The Saudi Arabian General Authority of Civil Aviation (GACA) and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today signed a memorandum of understanding (MoU) at the Farnborough International Airshow to develop and implement the required regulations for eVTOL operations in the Kingdom of Saudi Arabia beginning... Read more
25-Jul-2024Source: Lilium
Groupe ADP and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), announced a partnership to collaborate on infrastructures for the Lilium Jet in Europe, the Middle East, and Asia. Groupe ADP, which operates and develops 23 airports around the globe with its two major partners TAV Airports and... Read more
23-Jul-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), SEA (SEA), the operator of Milan’s airports, and Skyports Infrastructure (Skyports), the leader in vertiport infrastructure for the Advanced Air Mobility (AAM) industry, have announced the signing of a Memorandum of Understanding (MoU) laying the groundwork for the development... Read more
23-Jul-2024Source: Lilium
Lilium (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), confirmed its delivery schedule allowing first customer deliveries in 2026 and provided additional program details. This confirmation is based on a recent program review that considered the testing and validation requirements needed prior to first manned flight, which is now... Read more
22-Jul-2024Source: Lilium
Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), announced the next phase of its “POWER-ON” Aftermarket Services portfolio, providing a suite of digital solutions to ensure efficient and seamless operation of the Lilium Jet. The digital suite includes flight planning and aircraft performance ground and Electronic Flight... Read more
19-Jul-2024Source: Lilium
Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), signed a binding sales agreement for 50 Lilium Jets, with options for the purchase of 50 more. The signature ceremony was held at Lilium’s HQ in Munich. The contract was signed by Fahd Al-Jarbou, CEO of... Read more
17-Jul-2024Source: EASA
EASA has published the final version of the Environmental Protection Technical Specifications (EPTS) for Vertical Take-Off and Landing-capable aircraft (VCA) follows the public consultation phase initiated in December 2023. These EPTS are applicable to VCA with tilting rotors, such as the Lilium Jet. The responses to all the comments received during the public consultation are published... Read more
10-Jul-2024Source: Lilium
Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has successfully completed the first series of tests of its electric jet propulsion unit. For the first time, the electric engines were taken up to maximum thrust on the propulsion unit test bench, representing a landmark achievement on the... Read more
18-Jun-2024Source: Lilium
Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has released its Q1 2024 Shareholder Letter. The Shareholder Letter discusses Lilium’s progress towards important milestones in the development of its revolutionary Lilium Jet and can be accessed on the Lilium investor relations website. Lilium’s Recent Accomplishments ... Read more
17-Jun-2024Source: Lilium
Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), has signed a collaboration agreement with the Shenzhen-based Bao’an District. Under the agreement, Lilium has established its [APAC] regional headquarters in the district by way of its recently created Chinese entity (力翎航空), meaning “Powerful Wing”. The collaboration will establish Lilium as an active and contributing industry player in the... Read more
30-May-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), announced today that it has successfully concluded its previously announced capital raise, resulting in $114 million of new gross proceeds. The net proceeds from this capital raise provide additional capital needed to... Read more
29-May-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), and eVolare, a subsidiary of Volare Aviation, one of the United Kingdom’s largest helicopter and private jet operators, announced the signing of binding sale and purchase agreements for the acquisition of 4 Lilium Jets. The... Read more
29-May-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), today announced an expansion of its partnership with Luxaviation Group, one of the largest business aircraft and helicopter operators worldwide. The expansion will unlock and leverage ExecuJet’s network of Fixed Based Operations (FBOs)—together with... Read more
29-May-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced that it has launched an underwritten public offering of the Company’s Class A ordinary shares (the “Shares”) and warrants to purchase Shares (the “Warrants” and, together with... Read more
28-May-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), UrbanV, the Italian vertiport network operator, and Aéroports de la Côte d’Azur (ACA), managing Nice Côte d’Azur airport, the second largest airport place in France, along with the airports of Cannes Mandelieu and Golfe... Read more
22-May-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), today announced it has started construction of an advanced test facility for integration and certification testing of the Lilium Jet. Designed in partnership with global engineering group SEGULA Technologies and located at Lilium’s headquarters... Read more
22-May-2024Source: Lilium
The Federal Government of Germany and the Free State of Bavaria have commissioned the state development bank KfW in Frankfurt to conduct due diligence on Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), as part of the customary state support process.... Read more
14-May-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (“RAM”), confirmed that it is in advanced discussions with the French government on plans to expand its high-volume production capacity with an industrial footprint in France and on potential government subsidies and loan guarantees.... Read more
7-May-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced their partnership with advanced air mobility (AAM) operator UrbanLink to operate Lilium Jets in South Florida. As part of the agreement, UrbanLink will purchase 20 Lilium Jets, with scheduled pre-delivery payments, and... Read more
30-Apr-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced that it will unveil the full-scale Lilium Jet model for the first time at EBACE2024: Europe’s premier aviation and advanced air mobility event, taking place 28-30 May 2024 in Geneva, Switzerland... Read more
26-Apr-2024Source: Honeywell
Honeywell (Nasdaq: HON)announced it was selected by Lilium (Nasdaq: LILM), the developer of the first all-electric vertical takeoff and landing (eVTOL) jet, to supply propulsion unit position sensors for the Lilium Jet. Honeywell designed these sensors, known as “resolvers,” specifically for the needs of the Lilium Jet. The sensors will play a critical role in accurately... Read more
19-Apr-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that it has received the first set of standby flight instruments from Garmin®, a leading provider of avionics solutions. The deliveries, which follow the multi-year supplier contract signed by Lilium and Garmin in 2023, will be integrated into the... Read more
18-Apr-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that it has started production of the advanced, aviation grade battery packs that will power the Lilium Jet on its first piloted flight, targeted for end of 2024. This latest milestone represents a landmark in the development of the... Read more
26-Mar-2024Source: Lilium
Lilium N.V. (Nasdaq: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced they have appointed Johan Malmqvist as Chief Financial Officer (CFO) effective April 1, 2024. Johan Malmqvist brings more than 25 years of experience as a CFO of global public and private companies across a variety of sectors and geographies.... Read more
13-Mar-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has teamed up with Atlantic Aviation, a leading fixed-based operation (FBO) and aviation services provider, to prepare Atlantic’s network of more than 100 FBOs for the Lilium Jet’s regional upcoming air mobility service launch in the United States. This strategic... Read more
11-Mar-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced its support for the New York City Economic Development Corporation’s (NYCEDC) efforts to accommodate eVTOL operations by choosing an agnostic heliport operator who will serve a wide range of aircraft and... Read more
27-Feb-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today that it has started installation of state-of-the-art assembly equipment for the serial production of the Lilium Jet’s propulsion units. Prototype Lilium Jet propulsion units are due to start coming off the new line in Q2 2024, to be... Read more
21-Feb-2024Source: Lilium
Lilium N.V (Nasdaq: LILM), the developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has partnered with Star Charge, global leader in electric vehicle charging infrastructure and microgrid solutions, to develop, customize, and provide charging systems for its Lilium Jets. At the Singapore Airshow, the companies announced that Lilium placed a first order... Read more
21-Feb-2024Source: Lilium
Lilium N.V (Nasdaq: LILM), the developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has appointed Senior Lilium Executive Dominique Decard to head the eVTOL industry’s first Customer Service organization, named Lilium POWER-ON. At the Singapore Air Show, the company announced its newly established business unit that will offer the full aircraft manufacturer... Read more
21-Feb-2024Source: Lilium
Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, and PhilJets, a leading aviation provider of global services in the ASEAN region, announced the signing of a Memorandum of Understanding at the Singapore Airshow. The agreement includes the intent to purchase 10 Lilium Jets, as well as a future strategic... Read more
13-Feb-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced its designation of the future Orlando International Airport (MCO) vertiport as a network hub for Lilium Jet operators in central Florida. Lilium also announced its support for Florida House Bill 981, which... Read more
29-Jan-2024Source: Lilium
AJW Group (“AJW”), a world-leading independent aircraft component parts, repair, and supply chain solutions provider, and Lilium N.V (Nasdaq: LILM) developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, have signed an agreement to develop global material services and distribution to support the Lilium Jet’s global aircraft operations and Lilium’s Aftermarket Services Business.... Read more
11-Jan-2024Source: Lilium
Airport operator Fraport and Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced their strategic collaboration to explore required planning and approval steps for state-of-the-art infrastructure for the implementation of commercial eVTOL operations at airports. Fraport is active at 30 international airports across four continents. The partnership will start... Read more
14-Dec-2023Source: Lilium
The Lufthansa Group and Lilium (NASDAQ: LILM) signed a Memorandum of Understanding (MoU) to explore a strategic partnership on electric Vertical Take-Off and Landing (eVTOL) aircraft operation in Europe. The companies want to explore innovation opportunities in aviation, discussing areas such as ground and flight operations, future aircraft maintenance, as well as crewing and flight... Read more
28-Nov-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that it has received Design Organization Approval from its primary regulatory authority, the European Union Aviation Safety Agency (“EASA”). The award marks a major milestone for Lilium, positioning it at the forefront of the industry as a company authorized... Read more
27-Nov-2023Source: Lilium
Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, and CITIC Offshore Helicopter Co., Ltd (COHC), China’s sole helicopter port pilotage provider — today announced the signing of a Memorandum of Understanding (“MoU”) that will allow the two companies to strategically collaborate on the establish of an eVTOL operation network... Read more
15-Nov-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that it has signed an agreement with mobility technology and industrial leader DENSO, a Fortune 500 giant, for technical assistance in optimizing production at scale of the Lilium Jet’s revolutionary electric engine. DENSO, a leader in powertrain electrification and... Read more
14-Nov-2023Source: Lilium
ArcosJet DMCC and Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, have announced ArcosJet’s purchase of 10 Lilium Jets, expected to be delivered through 2026 & 2027. Following the appointment of ArcosJet as an exclusive authorized dealer for private sales of the Lilium Jet in their region, ArcosJet’s purchase... Read more
13-Nov-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, and Michelin announced a partnership for the Lilium Jet’s tires. Lilium and Michelin began working together more than a year ago to develop and produce custom tires for the Lilium Jet and have now signed a final agreement covering design,... Read more
10-Nov-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that it is extending its existing partnership with InoBat. InoBat is expected to provide high-volume production of the Lilium Jet’s high-performance battery cells. The continued partnership reaffirms Lilium’s multiple-sourcing strategy for cell production and will contribute towards securing a... Read more
7-Nov-2023Source: Lilium
Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, announced that it will share new details about its revolutionary aircraft design and battery technology during a webinar hosted on the Lilium website and presented by Lilium’s Co-Founder and Chief Engineer for Innovation, Daniel Wiegand. The webinar, which will include newly... Read more
31-Oct-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, has signed an agreement that appoints ArcosJet DMCC (“ArcosJet”), a Dubai-based leader in business aircraft brokerage, as the exclusive authorized dealer for private sales of the Lilium Jet in the United Arab Emirates (UAE), Israel, and the Republic of Cyprus. The agreement... Read more
19-Oct-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has opened private sales of its eVTOL jets in the U.S. market, in partnership with EMCJET, an industry-leading full-service aircraft brokerage and management company. EMCJET is set to be the exclusive Lilium dealer in Texas through 2030 for private sales.... Read more
13-Oct-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that the first high-voltage electrical harnesses for the Lilium Jet have been completed. The announcement marks another important achievement on the path to first assembly, industrialization, and entry into service of the revolutionary Lilium Jet. A collaboration between Lilium,... Read more
27-Sep-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that it is starting assembly of the Lilium Jet’s revolutionary electric propulsion system at its dedicated propulsion facility located next to its headquarters in Wessling, Germany. The announcement marks another exciting milestone on the targeted path towards industrialization and... Read more
20-Sep-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that it has achieved a significant development milestone with the commencement of fuselage assembly for the Lilium Jet, which remains on track for expected first manned flight planned in late 2024. The start of fuselage assembly serves as another... Read more
8-Sep-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, and Saint-Gobain Aerospace announced a supplier partnership for the development, series production, and customer support of the Lilium Jet’s transparencies (windows and windshields). The agreement between Lilium and Saint-Gobain Aerospace, which follows extensive collaboration, will leverage advanced solutions to meet... Read more
8-Aug-2023Source: Astronics
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced that it has accepted purchase orders to provide certain electrical power distribution, conversion, and vehicle charge control capabilities from ten eVTOL aircraft OEMs who are developing electrical aircraft for emerging air mobility missions. These orders... Read more
26-Jul-2023Source: Lilium
Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its Q2 2023 Shareholder Letter. The Shareholder Letter, which discusses Lilium’s progress towards important milestones in the development of its revolutionary Lilium Jet, can be accessed on the Lilium investor relations website. Recent Accomplishments Arranged... Read more
19-Jul-2023Source: Lilium
Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing jet, announced that it has successfully arranged a capital raise for a total amount of $192 million. Participants in the upsized round included leading German technology investors Earlybird Venture Capital, BIT Capital, UVC Partners and Frank Thelen, multiple... Read more
7-Jul-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, announced that it has successfully completed the fourth and final Design Organization Approval (“DOA”) audit by the European Union Aviation Safety Agency (“EASA”). The successful completion of the DOA audit is a key milestone in Lilium’s progress towards becoming an EASA... Read more
29-Jun-2023Source: SKF
SKF announces that a supplier agreement has been signed with Lilium, developer of the first all-electric vertical take-off and landing (eVTOL) jet. SKF has supported Lilium on the design of electric motor bearings for the Lilium Jet’s electric engine and has agreed to support the program by producing electric motor bearings for the type-conforming aircraft.... Read more
28-Jun-2023Source: Lilium
Electric mobility is taking shape in Italy and the French Riviera. Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and UrbanV, a leader in vertiport design and management, have announced their partnership for the development of Advanced Air Mobility (AAM) infrastructure. The companies’ partnership to develop vertiport infrastructure will enable eVTOL networks... Read more
27-Jun-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that it has received the Federal Aviation Administration (FAA) G-1 Certification Basis necessary for type certificate validation of its Lilium Jet by the FAA. In 2020, Lilium’s primary airworthiness authority, the European Union Aviation Safety Agency (EASA), issued its... Read more
20-Jun-2023Source: Lilium
The Bao’an District of Shenzhen municipality and Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, have signed a Memorandum of Understanding (MoU) for the opening of a regional Lilium headquarters in Bao’an District as a first step in a partnership to establish a safe and sustainable eVTOL service... Read more
26-May-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced an agreement with Air-Dynamic SA, a Switzerland-based private jet and helicopter company. The firm agreement includes deposit payments to Lilium for delivery of up to five Lilium Jets. Air-Dynamic SA, a proud supporter of the new generation of electric... Read more
12-May-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, has agreed to partner with premier professional aviation training company, FlightSafety International (FSI). The agreement establishes FlightSafety as the exclusive developer and provider for flight training devices for the Lilium Jet. This will include industry-leading, immersive, and mixed reality simulators for training, as well as... Read more
5-May-2023Source: Lilium
Lilium N.V. (“Lilium” or the “Company”) (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, announced a capital raise for up to $250 million, with $100 million funded at close. A Form 6-K has been filed by the Company with the Securities and Exchange Commission on May 1, 2023. This capital raise... Read more
5-May-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, announced the start of wind tunnel testing on a complete 1 to 2.5 scale (40% size) Lilium Jet model, including working engines and flap actuators, at the German-Dutch Wind Tunnels (DNW) facility in Marknesse, Netherlands. This latest campaign follows Lilium’s previous... Read more
29-Mar-2023Source: Lilium
Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its fiscal year 2022 Shareholder Letter. The Shareholder Letter, which discusses Lilium’s achievement of important milestones in the development of its revolutionary Lilium Jet, can be accessed on the Lilium investor relations website. Recent Accomplishments... Read more