24-Feb-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has teamed with Collins Aerospace, to design, develop and build the Lilium Jet’s inceptors – the innovative sidestick system used by the pilot to control the aircraft. Collins Aerospace is a leader in technologically advanced and intelligent solutions for the... Read more
13-Feb-2023Source: Ionblox
Ionblox, a next-generation lithium-ion battery company announced a second close of its Series B round at an increased $32 million. Strategic partners include original investors Lilium and Applied Ventures who were joined by Temasek and Catalus Capital. The company will use the increased Series B funding to scale its technology, develop advanced high-power cells for... Read more
3-Feb-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM) developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, and GKN Aerospace, the world-leading developer of sustainable aerospace technology, have signed an agreement to work together to design and build an integrated and certifiable EWIS solution. From its facility in the Netherlands, GKN Aerospace will build the EWIS hardware... Read more
1-Feb-2023Source: Aeronamic
Aeronamic has decades of experience in manufacturing high-speed rotating components and precision parts for commercial and defense aviation. “We are beyond proud that this collaboration has come about and that Aeronamic will contribute to the development of Lilium’s sustainable, high-speed air mobility eVTOL aircraft,” thus Reinoud Siezen, VP Business Development & Programs at Aeronamic. “The... Read more
31-Jan-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM) developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, and GKN Aerospace, the world-leading developer of sustainable aerospace technology, have signed an agreement to work together to design and build an integrated and certifiable EWIS solution. From its facility in the Netherlands, GKN Aerospace will build the EWIS hardware... Read more
19-Jan-2023Source: Lilium
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today that the Board of Directors has appointed Oliver Vogelgesang as Chief Financial Officer (CFO) and Sebastien Borel as Chief Commercial Officer (CCO) with immediate effect. Oliver Vogelgesang will take over from Geoffrey Richardson, who is stepping down following... Read more
19-Dec-2022Source: Lilium
As we speed towards the end of 2022, we’ve been looking back at another exhilarating year for Lilium. Taking great strides forward in our flight test campaign, certification program, and commercial and strategic partnerships, we have moved into the start of our industrialization phase. To lead the company into this phase and beyond, Lilium... Read more
9-Dec-2022Source: 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 Third Quarter Business Update. Lilium will host a webcast and conference call to discuss the update today at 8:00 a.m. ET. The details for the webcast, in addition to the Third Quarter Shareholder... Read more
5-Dec-2022
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced a contract with eVolare, a subsidiary of Volare Aviation, one of the United Kingdom’s largest helicopter and private jet operators. This partnership includes a firm commitment for ten Lilium Pioneer Edition Jets, with an option to reserve an additional... Read more
21-Nov-2022Source: Lilium
Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, today announced the pricing of a $119 million capital raise from existing shareholders, new investors, and strategic partners. Participants include Honeywell and Aciturri as well as LGT and its affiliated impact investor Lightrock, Tencent, B. Riley... Read more
28-Oct-2022Source: Lilium
SAUDIA, the national flag carrier of Saudi Arabia, and Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, at the sixth edition of the Future Investment Initiative (FII), announced a Memorandum of Understanding (MoU) for the proposed development and operation by SAUDIA of an eVTOL network across Saudi Arabia. The proposed arrangement will make SAUDIA the... Read more
10-Oct-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has announced a partnership with GlobeAir. Under the agreement, GlobeAir intends to purchase 12 Lilium Jets to provide premium and business eVTOL flights to its customer base in the French Riviera and Italy. GlobeAir is Europe’s leading and award-winning... Read more
25-Jul-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has selected Diehl Aviation, a leading supplier of cabin interiors and systems for the aviation industry, to collaborate on the design and development of Lilium’s jet cabin, as well as acting as the integrator and manufacturer for interior... Read more
21-Jul-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has signed an agreement with Helity Copter Airlines (“Helity”) to develop an eVTOL network in Andalusia. Under the agreement, Helity intends to initially purchase five (5) Lilium Jets to provide premium and business charter flights to its customers.... Read more
19-Jul-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has signed an agreement with AAP Aviation Group AS (“AAP Aviation”) to develop an eVTOL network in Scandinavia. Under the agreement, AAP Aviation intends to purchase 40 Lilium Jets and collaborate with Lilium to identify and develop landing... Read more
19-Jul-2022Source: Lilium
ASL Group has signed an agreement with Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, to provide sustainable air mobility to its customers in Benelux. ASL Group intends to purchase an initial 6 Lilium Jets and will cooperate with Lilium to develop a network of landing... Read more
18-Jul-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL) (“Bristow”), the global leader in innovative and sustainable vertical flight solutions, and Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the world’s first electric vertical-takeoff and landing (“eVTOL”) jet, announced today a strategic partnership where Bristow will have the option to purchase 50 Lilium Jets in addition to providing maintenance services... Read more
1-Jul-2022Source: Astronics
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced that it has been selected by Lilium N.V. to design, develop, and build the Lilium Jet’s electrical power distribution system. Power distribution units play a critical role within the Lilium Jet’s innovative energy management system. Astronics... Read more
15-Jun-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has chosen French manufacturer Expliseat to design and build the pilot and passenger seats for the Lilium Jet. Expliseat specializes in lightweight and durable seating for aviation and other low carbon mobilities. The company has unique expertise in... Read more
3-Jun-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that it is accelerating its next phase of product delivery and business growth with the naming of Klaus Roewe, long-time Airbus executive, as CEO. Roewe will be joining Lilium on August 1, 2022. Daniel Wiegand, Lilium co-founder... Read more
30-May-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, and Livent Corporation (NYSE: LTHM) (“Livent”), one of the world’s leading producers of lithium products for the battery cell industry, announced today a research and development collaboration agreement. Lilium and Livent have agreed to collaborate on the advancement... Read more
26-May-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has selected Aernnova, a leading aerospace component manufacturer, to collaborate on the Lilium Jet’s propulsion mounting system. A propulsion mounting system or “flap”, the structure that forms the rear part of the wings and front aerofoils, is one... Read more
19-May-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced 37 new patent applications, which have been published by the European Patent Office (“EPO”). These are engineering inventions for the core technology around the Lilium Jet, spanning several domains: Energy, Propulsion, Structures and Interior, Avionics and Custom... Read more
3-May-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (”eVTOL”) jet, announced today that it has successfully completed the second Design Organization Approval (“DOA”) audit by the European Union Aviation Safety Agency (“EASA”). DOA is a fundamental requirement for all commercial aircraft manufacturers and enables achievement of type certification of... Read more
19-Apr-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today that it has submitted a full set of Means of Compliance proposals to the European Union Aviation Safety Agency (“EASA”) for the type certification of the Lilium Jet. The submission to EASA represents a milestone on the... Read more
14-Apr-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, held its first ever annual Supplier Day yesterday and welcomed 168 guests from 74 current and prospective suppliers to its headquarters in Munich. Lilium’s ecosystem of leading aerospace and technology suppliers – including Honeywell, Toray, Aciturri and CUSTOMCELLS –... Read more
13-Apr-2022Source: Lilium
(Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced that it has begun the next phase of flight testing in Spain with its 5th generation technology demonstrator, Phoenix 2. Over the coming months at the ATLAS Flight Test Center, Lilium plans to extend the flight envelope through... Read more
13-Mar-2022Source: Lilium
NetJets Inc., the largest private aviation company in the world, and FlightSafety International, the leader in professional aviation training have signed a Memorandum of Understanding (MoU) with Lilium N.V. (NASDAQ: LILM) (“Lilium”), makers of an all-electric vertical take-off and landing (eVTOL) jet, for a proposed strategic partnership. The arrangement would provide NetJets with the right... Read more
2-Feb-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”) announced that one of its 5th generation technology demonstrators (“PHX2”) has arrived at the ATLAS Flight Test Center in Villacarrillo (Jaen), Spain where Lilium plans to continue its flight test campaign at higher speeds and over longer distances, thereby expanding the testing capabilities beyond Germany. The campaign is bolstered by... Read more
10-Jan-2022Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), positioned to be a global leader in regional electric air mobility, has announced the appointment of Karim Jalbout to its Senior Leadership Team as Chief People Officer, beginning in January 2022. Karim brings exceptional talent leadership most recently serving as a lead partner for Private Equity & Technology at Egon... Read more
7-Jan-2022Source: Lilium
Throughout the past year, Lilium accelerated towards our goal: a revolution in sustainable regional air mobility. We unveiled our serial aircraft and listed on Nasdaq. We launched our 5th generation technology demonstrator test flight campaign and confirmed the first Vertiport networks in the US and Europe. We brought on board leading aerospace suppliers and signed... Read more
19-Nov-2021Source: Lilium
With the all electric Lilium Jet we are building a radically better way of moving – our innovative aircraft design can be a true game-changer. The development of a new commercial aircraft requires vision, but also meticulous planning and discipline. The task ahead is to ensure that we execute on the design, engineering, certification and... Read more
1-Nov-2021Source: Lilium
Stuttgart Airport is expected to become a hub for regional electric flights with zero operating emissions, following the agreement between Stuttgart Airport and Lilium. Stuttgart is joining the planned southern German network which already consists of the Munich and Nuremberg airports, as previously announced. The Munich-based aviation company Lilium, positioned to be a global leader... Read more
14-Oct-2021Source: Lilium
ABB E-mobility and Lilium N.V. (NASDAQ: LILM) (“Lilium”), positioned to be a global leader in regional electric air mobility, have announced plans for ABB to provide the charging infrastructure for Lilium’s high speed regional air network, scheduled for commercial launch in 2024. Lilium has announced planned launch networks in Florida, Germany, and Brazil. As part... Read more
20-Sep-2021Source: Lilium
Lilium GmbH (“Lilium”), positioned to be a global leader in regional electric air mobility, announced that it has completed its business combination with Qell Acquisition Corp. (“Qell”), a publicly listed special purpose acquisition company (Nasdaq: QELL). The transaction was approved by Qell’s shareholders on September 10, 2021, during a Special Meeting in which more than... Read more
4-Aug-2021Source: Lilium
Lilium GmbH (“Lilium”), positioned to be a global leader in regional electric air mobility, announced that it intends to enter into a $1 billion commercial deal and strategic alliance with leading Brazilian airline Azul S.A (“Azul”) (B3: AZUL4, NYSE: AZUL). It also announced the appointment of Gabrielle Toledano and Henri Courpron to the Board of... Read more
24-May-2019
Lilium, the Munich-based startup developing a revolutionary on- demand air taxi service, today revealed its new five-seater air taxi prototype for the first time. The unveiling of the new Lilium Jet came as the all-electric aircraft completed its maiden flight in the skies over Germany earlier this month. The full-scale, full-weight prototype is powered by... Read more