Follows German parliament´s Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraise Company was also unable to reach an agreement in principle with Bavarian government to guarantee a €50 million loan Application for self-administration proceedings driven by insolvency at Lilium subsidiaries in Germany MUNICH, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading... Read More

Two companies combining their flight data and analytics platforms to inform eVTOL flight safety standards Lilium to deploy GE technology to all Lilium Jet operators, starting with Lilium’s own flight test campaign GE Aerospace’s Event Measurement System (EMS) is used globally by 60 airlines and more than 500 business jet operators LAS VEGAS, Oct. 23, 2024 (GLOBE NEWSWIRE) -- With eVTOLs on the cusp of taking off commercially... Read More

Systems power-on paves the way for start of Lilium Jet ground testing campaign The first Lilium Jet – MSN 1 – will be used to confirm safety for first piloted flight planned for early 2025 MSN 2, the first aircraft that Lilium will fly with a pilot on board, is now in final assembly MUNICH, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air... Read More

Houston-based aircraft brokerage EMCJET will showcase the Lilium Jet for the very first time in the U.S. at Galaxy FBO Galaxy FBO is partnering with Lilium to ensure accessibility for the Lilium Jet at their Houston-area facilities – Houston Hobby Airport, Conroe North Houston Regional Airport, and The Woodlands Heliport Lilium is collaborating with The Greater Houston Partnership to host a discussion with industry leaders... Read More

Philippe Balducchi is CFO of KNDS, one of Europe’s largest defense companies Previously: CEO of Airbus Canada, Head of Bombardier C-Series/A220 integration, CFO of Airbus North America Appointment due at EGM on September 18, 2024 MUNICH, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced changes to its Board of... Read More

Key milestone towards verification of safety of flight and type-certification of the Lilium Jet New lab precisely replicates the Lilium Jet’s electric powertrain from battery pack to engine MUNICH, Aug. 21, 2024 (GLOBE NEWSWIRE) -- 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... Read More

New research undertaken amongst 4,000 adults across the US, UK, France, and Germany reveals overwhelming concern over air travel’s impact on pollution and climate change Consumers say future of transport must be lower cost, more reliable and more sustainable Respondents across all countries look favorably on eVTOL aircraft MUNICH, Aug. 07, 2024 (GLOBE NEWSWIRE) -- A landmark international survey has revealed the scale of... Read More

Groupe ADP manages an extensive portfolio of 23 airports in some of Lilium’s key markets including France (all three Paris airports), the Kingdom of Saudi Arabia (Jeddah and Riyadh) and Turkey. Groupe ADP’s vertiports in the Paris area, including Paris-Charles de Gaulle and Paris-Le Bourget Airports, will significantly bolster the Lilium network in France. Partnership enables the development of vertiports in strategic... Read More

FARNBOROUGH, United Kingdom, July 23, 2024 (GLOBE NEWSWIRE) -- 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 today announced the signing of a Memorandum of Understanding (MoU) laying the... Read More

GACA, Saudi Arabia’s civil aviation regulator, and Lilium agree on a joint regulatory approach for eVTOL regulation This includes the implementation of a joint Working Group covering all relevant regulatory topics and an Innovative Air Mobility (IAM) regulatory action plan for Saudi Arabia The goal is to jointly develop and implement the required eVTOL regulation for a potential operational Entry Into Service in 2026... Read More

FARNBOROUGH, United Kingdom, July 21, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today 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... Read More

The firm order for 50 Lilium jets, with an option for 50 more, is the largest commitment in the eVTOL sector by an airline operator Saudia Group leads the aviation industry in the MENA region with the first agreement for the purchase of eVTOL jets MUNICH, Germany, July 18, 2024 (GLOBE NEWSWIRE) -- Saudia Group and Lilium N.V.... Read More

First aircraft (Lilium Jet MSN 1) to be used exclusively for ground testing starting in a few weeks Second aircraft (Lilium Jet MSN 2) to be used for first manned flight in early 2025, will start ground testing in the fall, soon after MSN 1 Three aircraft in production by year-end Full structural aircraft for static tests available in fall Engineering simulator developed by FlightSafety International to be delivered early... Read More

MUNICH, June 26, 2024 (GLOBE NEWSWIRE) -- 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 journey to zero operating... Read More

MUNICH, Germany, June 11, 2024 (GLOBE NEWSWIRE) -- 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... Read More

Collaboration will establish Lilium as an active industry player in the region’s low altitude economy Lilium is the first European eVTOL manufacturer selected to operate in the district Agreement builds upon a Memorandum of Understanding signed last year and will see Lilium establish a regional headquarters in the district MUNICH, Germany, June 10, 2024 (GLOBE NEWSWIRE) -- Lilium (NASDAQ: LILM), developer of the first... Read More

MUNICH, June 03, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium” or the “Company”) (NASDAQ: LILM) today announced that it plans to release its First Quarter 2024 Shareholder Letter on June 11, 2024 , before market open. The Company will host a conference call that same day at 8:00 a.m. Eastern Daylight Time (EDT) . To access the webcast of the call, please visit the Lilium investor relations website at... Read More

MUNICH, Germany, May 29, 2024 (GLOBE NEWSWIRE) -- 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... Read More

LONDON and MUNICH, Germany, May 29, 2024 (GLOBE NEWSWIRE) -- 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... Read More

Lilium has agreed to a deal with Luxaviation to help prepare ExecuJet Fixed Base Operations (FBOs) and newly developed locations for the Lilium Jet ExecuJet, part of the Luxaviation Group, is an industry leader in ground handling and ExecuJet's lounges will be a key part of the Lilium Jet's growing EMEA networks Lilium and Luxaviation, through subsidiary Sigma Air Mobility, have been engaged since 2022 and see alignment... Read More

Lilium, UrbanV, and Aeroports de la Côte d’Azur forge innovative partnership to create vertiport network in the French Riviera as the first region in Europe to enable regional air mobility Lilium network to connect Monaco, Nice, Sophia Antipolis, Cannes, Golfe de Saint-Tropez, Aix-en-Provence, and Marseille Lilium to sell its jet to operators with flights expected to start in 2026; set to bring low noise, fully electric air... Read More

MUNICH, Germany, May 24, 2024 (GLOBE NEWSWIRE) -- 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 a $114 million financing, including the pricing of a $40 million underwritten public offering of 38,095,238 of the Company's Class A ordinary shares (the “Shares”) and warrants to... Read More

MUNICH, Germany, May 23, 2024 (GLOBE NEWSWIRE) -- 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 today 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

State-of-the-art test facility to be a cornerstone of the Lilium Jet certification program Located at Lilium’s headquarters near Munich (Germany), the 26,000 square feet (2400m2) rig will be used to simulate flights, for system integration testing and to verify aircraft performance through multiple flight profiles Designed in collaboration with global engineering group SEGULA Technologies, the facility is expected to be... Read More

Diligence undertaking by KfW is a decisive step towards public support of Lilium CEO Klaus Roewe: “We are expecting a swift process.” Lilium targets minimum € 100 million KfW loan secured by default guarantee from the federal government and Bavaria MUNICH, Germany, May 15, 2024 (GLOBE NEWSWIRE) -- The Federal Government of Germany and the Free State of Bavaria have commissioned the state development bank KfW in Frankfurt to... Read More

Lilium is keen to leverage France’s unique aerospace heritage and vast supplier base in aerospace and electrification to expand its high-volume production capacity of the Lilium Jet Discussion of industrial footprint expansion into France, potential government subsidies and loan guarantees expected to be concluded in the coming weeks Lilium expansion could create up to 850 new direct jobs in France Lilium Jet production... Read More

UrbanLink’s firm purchase order of 20 Lilium Jets, with an option for 20 more, includes scheduled pre-delivery payments. The agreement marks a critical aviation milestone as UrbanLink becomes the first airline in the U.S. fully committed to integrating eVTOL aircraft into its fleet. UrbanLink will begin operations with a regional network connecting cities in South Florida. MIAMI, May 06, 2024 (GLOBE NEWSWIRE) -- Lilium N.V.... Read More

The first public unveiling of full-scale Lilium Jet model is set to occur next month in Geneva The Lilium Jet model will be located at Stand A39, as part of Lilium’s largest EBACE presence to date and as one of the show’s largest exhibitors The showcase will also feature the Lilium Jet charging infrastructure and an immersive flight simulator experience for visitors MUNICH, Germany, April 30, 2024 (GLOBE NEWSWIRE) -- Lilium... Read More

Lilium’s battery packs are being designed to meet the highest aviation safety standards First units off the battery assembly line at Lilium’s headquarters will be used for verification testing ahead of first piloted flight of the revolutionary Lilium Jet, targeted for end of 2024 This follows several years of extensive testing of battery pack subcomponents from individual cell to stack level with a focus on performance,... Read More

Standby flight instruments supplied by Garmin represent a key safety feature of the Lilium Jet and will provide fully redundant flight instrumentation First units have been delivered to Lilium to be integrated in the first Lilium Jets and the Lilium Jet flight simulator for pilot training MUNICH, Germany, April 02, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and... Read More

MUNICH, Germany, March 25, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, today 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. Most... Read More

Lilium and Atlantic Aviation announce they have signed an MOU to electrify existing airport infrastructure and support regional air mobility Agreement aims to ensure compatibility of current and future vertiports with Lilium Jet Partnership aims to establish a planned network to support operators of the Lilium Jet MUNICH, Germany, March 13, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first... Read More

Lilium celebrates NYC’s inclusion of all advanced air mobility capabilities and commitment to have an agnostic operator run the heliport Downtown Manhattan heliport to play key role in planned future Northeast Corridor regional network for planned operators of Lilium Jets Decision to accept a wide range of aircraft and use cases is expected to drive economic benefits across the greater NYC metropolitan area NEW YORK, March... Read More

MUNICH, Germany, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its Full Year and Fourth Quarter 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... Read More

Lilium begins installation of serial production line for propulsion units at Lilium’s production facilities in Wessling, Germany First prototype propulsion units expected to come off the line in Q2 2024, marking a key milestone in the Lilium Jet program and positioning Lilium at the forefront of electric jet industrialization Propulsion assembly line specially designed in partnership with automation and robotics supplier... Read More

Star Charge offers best-in-class high performance chargers with liquid cooled cables reducing charging time significantly Lilium orders 120 chargers from Star Charge for its own use and for customers’ vertiports Star Charge´s charging system will power Lilium’s ground and flight testing aircraft this year and will also be used at its delivery center Fully compatible with the globally accepted Combined Charging Standard (CCS)... Read More

First eVTOL customer service organization, spanning battery management, maintenance, flight operations, training and digital solutions New “Lilium POWER-ON” organization to be headed by Dominique Decard, aviation aftermarket veteran Strategy is to enable seamless, efficient services and robust aftermarket products, leveraging industry-leading partners Customers can access training services, maintenance operations, material... Read More

MoU for strategic collaboration to establish high-speed regional air mobility in Southeast Asia PhilJets intends to operate 10 Lilium Jets Lilium Jet expected to meet regional transportation challenges of the Philippines CHANGI, Singapore, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, and PhilJets, a leading aviation provider of global... Read More

MUNICH, Germany, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium” or the “Company”) (NASDAQ: LILM) today announced that it plans to release its Full Year and Fourth Quarter 2023 Shareholder Letter on February 27, 2024, before market open. The Company will host a conference call that same day at 8:00 a.m. Eastern Standard Time. To access the webcast of the call, please visit the Lilium investor relations website at... Read More

Lilium designates future Orlando International Airport (MCO) vertiport as key RAM network hub for Lilium Jet operators Proposed advanced air mobility site expected to drive increased passenger access, reduced costs for operators Florida expected to experience greater connectivity and economic activity from AAM ORLANDO, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), developer of the first all-electric... Read More

LONDON, United Kingdom and MUNICH, Germany, Jan. 29, 2024 (GLOBE NEWSWIRE) -- 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... Read More

MUNICH, Germany, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, today announced its planned attendance at first quarter 2024 investor events. Expected attendees from Lilium include a combination of Daniel Wiegand, Co-Founder, Chief Engineer for Innovation and Future Programs, Oliver Vogelgesang, Chief Financial Officer, Rama... Read More

Fraport and Lilium agree on exploration studies on infrastructure Joint regulatory approach includes an Innovative Air Mobility (IAM) regulatory action plan for Germany and potentially other EU countries FRANKFURT, Germany and MUNICH, Germany, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Airport operator Fraport and Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, today... Read More

Planned cooperation to jointly shape the future of Advanced Air Mobility in Europe Lufthansa Group and Lilium to review infrastructure, airspace, maintenance, flight operations and further requirements Important groundwork to enable the safe and efficient operation of electric Vertical Take-Off and Landing aircraft FRANKFURT, Germany and MUNICH, Germany, Dec. 07, 2023 (GLOBE NEWSWIRE) -- The Lufthansa Group and Lilium... Read More

Arrival of the complete fuselage for the first revolutionary Lilium Jet at Lilium’s final assembly line for start of production marks a definitive shift from the design phase to industrialization Start of production is supported by a team of world-class tier one suppliers, each at the head of its own supply chain producing Lilium Jet parts and systems Aircraft assembly takes place at Lilium’s facilities in Wessling, Germany,... Read More

Fortune 500 giant DENSO, a mobility technology and industrial leader, will support Lilium in optimizing the process, tooling and equipment for scalable assembly of the Lilium Jet’s electric engine. DENSO is already delivering the electric motor as part of its alliance with Lilium’s tier one e-motor supplier Honeywell MUNICH, Germany, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first... Read More

DUBAI, United Arab Emirates, Nov. 13, 2023 (GLOBE NEWSWIRE) -- 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... Read More

Lilium and InoBat extend existing partnership to prepare large-scale production of Lilium’s high-performance battery cells. InoBat, supported by its investor and partner Gotion High-Tech, will produce Lilium’s battery cells at its Volta I and future Volta II factories in Voderady, Slovakia. Gotion High-Tech is one of the world’s top 10 manufacturers of battery cells, supplying Volkswagen Group with Unified Cell that covers... Read More

Michelin and Lilium have signed an agreement covering the design and serial production of tires for the Lilium all-electric vertical take-off and landing ("eVTOL") jet First tires are expected to be delivered to Lilium’s facilities this month Thanks to its century-long experience in the aeronautical industry, Michelin offers an innovative tire solution, specially designed to meet the weight, safety, reliability, and... Read More

MUNICH, Germany, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, today 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... Read More

DUBAI, United Arab Emirates, Oct. 31, 2023 (GLOBE NEWSWIRE) -- 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... Read More

Texas-based EMCJET, responding to premium market interest, secures production slots for the first U.S. Lilium Pioneer Edition Jets Marks the first time Lilium Jets, or any eVTOL aircraft, will be available for private purchase in the U.S. market Initial sales focus will be on customers in key Texas cities including Austin,... Read More

Acting as the Lilium Jet’s main electrical arteries, the high voltage harnesses will distribute power from the aircraft batteries to the jet engines on the wings and canards The novel harness system, for which Lilium has been granted patents in the U.S. and Europe, is essential for the Lilium Jet’s safety critical power distribution architecture Developed and built in collaboration with GKN Aerospace and Rosenberger, the... Read More

Key step towards industrialization of Lilium’s novel electric jet technology Propulsion system represents a cornerstone of Lilium’s iconic aircraft architecture, opening the way for superior performance, safety, unit economics and customer experience Assembly takes place at Lilium’s dedicated jet propulsion facility in Wessling, Germany MUNICH, Germany, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer... Read More

This is the first of seven fuselages for the seven aircraft Lilium will use to achieve type-certification of the Lilium Jet Pivotal and tangible step towards the industrialization of the Lilium Jet Fuselage being assembled at Aciturri’s state-of-the-art manufacturing facility in Spain MUNICH, Germany, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and... Read More

MUNICH, Germany, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, and Saint-Gobain Aerospace today 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... Read More

MUNICH, Germany, July 25, 2023 (GLOBE NEWSWIRE) -- 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... Read More

MUNICH, Germany, July 19, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing jet, announced that it plans to release its Second Quarter Fiscal Year 2023 Shareholder Letter before market open on Tuesday, July 25, 2023. The Shareholder Letter will provide a business update, with topics to include Lilium’s recent capital raise as... Read More

MUNICH, Germany, July 18, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing jet, announced today 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... Read More

MUNICH, Germany, July 14, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing jet, announced a $192 million financing, including the pricing of an upsized $75 million underwritten public offering of 57,692,308 of the Company's Class A ordinary shares (the “Shares”), as well as a concurrent $42 million private placement of... Read More

MUNICH, Germany, July 13, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing jet, announced today that it has launched an underwritten public offering of the Company's Class A ordinary shares (the “Shares”), as well as a concurrent private placement offering of Shares and warrants to purchase Shares led by Earlybird Venture... Read More

MUNICH, Germany, July 06, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, announced today 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

G-1 award confirms Lilium’s strategy of pursuing dual certification of the Lilium Jet to enable entry into service in key markets globally FAA G-1 is a critical milestone in the FAA cross-validation process, establishing airworthiness and environmental requirements necessary to achieve FAA Type Certificate Validation Lilium... Read More

MUNICH, Germany, June 20, 2023 (GLOBE NEWSWIRE) -- 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... Read More

• The two companies will jointly develop eVTOL services across the Guangdong-Hong Kong-Macao Greater Bay Area • Heli-Eastern intends to purchase 100 Lilium Jets • Heli-Eastern will operate the Lilium Jet fleet in the region and provide maintenance and crewing services PARIS, June 18, 2023 (GLOBE NEWSWIRE) -- Lilium N.V.... Read More

MoU signed is first step towards launching a safe and sustainable eVTOL service in China and the broader Asia-Pacific region, starting with the Greater Bay Area Lilium plans to open a regional headquarters in Bao’an District before year-end with the aim of providing Lilium Jet sales, services, and support to the Greater Bay... Read More

GENEVA, May 24, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, today announced that it has signed an agreement with Benelux-based business jet operator ASL Group for the delivery of six Lilium Pioneer Edition Jets. The agreement, which includes... Read More

MUNICH, Germany, May 24, 2023 (GLOBE NEWSWIRE) -- 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 Q1 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... Read More

GENEVA, May 22, 2023 (GLOBE NEWSWIRE) -- 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... Read More

MUNICH, Germany, May 15, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM) today announced that it plans to release its First Quarter Fiscal Year 2023 Business Update before market open on Wednesday, May 24, 2023. The Shareholder Letter will, among other topics, discuss Lilium’s recent accomplishments as well as progress towards major milestones, including start of final assembly of its type-conforming aircraft.... Read More

State-of-the-art flight simulator representing the Lilium Jet to support type-certification Future pilots and mechanics to be qualified by FlightSafety International in their industry-leading training devices and simulators MUNICH, Germany, May 11, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first... Read More

MUNICH, Germany, May 04, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, today 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... Read More

MUNICH, Germany, May 02, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium” or the “Company”) (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, today 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 enables Lilium to continue the... Read More

MUNICH, Germany, March 28, 2023 (GLOBE NEWSWIRE) -- 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... Read More

Production line in Tübingen, Germany leverages pre-lithiation process for high silicon content cells. Production line provides aviation traceability with capacity to deliver thousands of battery cells a year. MUNICH, Germany, March 28, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, and battery cell production partner, Customcells, are... Read More

MUNICH, Germany, March 17, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM) today announced that it plans to release its Fiscal Year 2022 Business Update before market open on Tuesday, March 28, 2023. The Shareholder Letter, which among other topics will discuss Lilium’s progress towards major milestones, including start of production of its type-conforming aircraft, will be published on the Events and... Read More

Collins Aerospace will design, develop and build new flight controls for Lilium’s type-conforming aircraft Collins Aerospace brings 50 years of experience in cockpit controls to the advanced air mobility market MUNICH, Germany, Feb. 23, 2023 (GLOBE NEWSWIRE) -- 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... Read More

Companies will work together to design, build and integrate the EWIS for Lilium’s type-conforming aircraft Final assembly of the Lilium Jet is due to start in 2023 MUNICH, Germany and HOOGERHEIDE, Netherlands, Jan. 31, 2023 (GLOBE NEWSWIRE) -- 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... Read More

MUNICH, Germany, Jan. 16, 2023 (GLOBE NEWSWIRE) -- 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... Read More

MUNICH, Germany, Dec. 06, 2022 (GLOBE NEWSWIRE) -- 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 Letter, can be accessed on... Read More

eVolare secures deliveries of ten Lilium Pioneer Edition Jets with an option to reserve up to an additional ten Lilium Pioneer Edition Jets eVolare to serve the Greater London area from its Oxford base eVolare to pay pre-delivery payment to Lilium to secure aircraft delivery slots The order coincides with the formal launch of... Read More

MUNICH, Germany, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM), today announced that it plans to release its Third Quarter Fiscal Year 2022 Business Update on Tuesday, December 6, 2022. There will be a webcast and conference call on Tuesday, December 6, 2022, at 8:00 a.m. Eastern Standard Time . The webcast will be available on the Lilium investor relations website https://investors.lilium.com/.... Read More

MUNICH, Germany, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced the successful closing of a $119 million capital raise from existing shareholders, new investors, and strategic partners.... Read More

MUNICH, Germany, Nov. 18, 2022 (GLOBE NEWSWIRE) -- 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,... Read More

Klaus Roewe, who joined the company in August 2022 to serve as its Chief Executive Officer, has been formally approved as an Executive Director at the first ever General Meeting of Lilium N.V. (NASDAQ: LILM) (“Lilium”), the developer of the first all-electric vertical take-off and landing (“eVTOL”) jet. The shareholders also expressed their overwhelming support for the seven Non-Executive Directors standing for... Read More

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... Read More

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 private jet operator offering on demand charter... Read More

Lilium N.V. (“Lilium”) (NASDAQ: LILM), today published the convocation notice and agenda for its General Meeting of shareholders (the “General Meeting”), which will be held on Thursday, October 27, 2022 at 4:00 p.m. CEST (10:00 a.m. EDT) at the offices of Freshfields Bruckhaus Deringer LLP, Strawinskylaan 10, 1077 XZ Amsterdam, the Netherlands. The convocation notice for the General Meeting, the agenda with explanatory notes... Read More

Lilium N.V. (“Lilium”) (NASDAQ: LILM), announced today that it will crowdsource questions from retail investors for its upcoming Q2 2022 business update webcast. Starting today, September 21, 2022 at 04:30 pm Eastern Daylight Time and continuing through September 27, 2022 , retail investors who are current and verified holders of Lilium shares can submit and upvote questions to be reviewed by Lilium’s management team. To... Read More

Lilium N.V. (“Lilium”) (NASDAQ: LILM), today announced that it plans to release its Second Quarter Fiscal Year 2022 Business Update on Wednesday, September 28, 2022. There will be a webcast and conference call on Wednesday, September 28, 2022 at 8:00 a.m. Eastern Standard Time . The webcast will be available on the Lilium investor relations website https://investors.lilium.com/ . About Lilium Lilium (NASDAQ: LILM) is... Read More

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 components. The supplier agreement represents a further step forward... Read More

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... Read More

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... Read More

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... Read More

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... Read More

Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has selected Astronics Corporation (NASDAQ: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission-critical industries, to design, develop, and build the Lilium Jet’s electrical power distribution system. Power distribution units play a critical role within the... Read More

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 advanced materials such as carbon fiber and titanium,... Read More

Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today 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 and the current CEO, will continue as Lilium’s Chief Engineer... Read More

Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, today announced that its technology demonstrator Phoenix 2 has achieved main wing transition. This means it is the first ever full-size electric jet aircraft to transition from hover to wing-borne flight.... Read More

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 of lithium metal technology for use in... Read More

Lilium N.V. (“Lilium”) (NASDAQ: LILM), announced today that it will crowdsource questions from private shareholders for its upcoming Q1 2022 business update webcast. Starting today May 26, 2022 at 08:00 am Eastern Standard Time and continuing through June 2, 2022 , retail investors who are current and verified holders of Lilium shares can submit and upvote questions to be reviewed by Lilium’s management team. To submit... Read More

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... Read More

Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has partnered with Honeywell and DENSO, who will co-develop and manufacture the Lilium Jet’s electric motor (e-motor) that will power the Lilium Jet’s engines. Honeywell is already developing the Lilium Jet’s avionics and flight control systems and invested in Lilium in 2021. A leader in aerospace... Read More

Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, today 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... Read More

Lilium N.V. (“Lilium”) (NASDAQ: LILM), today announced that it plans to release its First Quarter Fiscal Year 2022 Business Update on Tuesday, June 7, 2022. There will be a webcast and conference call on Tuesday, June 7, 2022 at 8:00 a.m. Eastern Standard Time . The webcast will be available on the Lilium investor relations website https://investors.lilium.com/ . About Lilium Lilium (NASDAQ: LILM) is creating a sustainable... Read More

Lilium has successfully completed its second EASA Design Organization Approval audit DOA is a fundamental requirement for all commercial aircraft manufacturers 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... Read More

Lilium has submitted to EASA its proposals for how the Lilium Jet will comply with certification requirements Subject to regulatory agreement, the Means of Compliance prepares the way for the next phase of type certification 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... Read More

Lilium begins flight testing at ATLAS Flight Test Center Lilium plans to conduct a full flight test campaign including full transition and high-speed flight Lilium also plans to introduce an additional demonstrator aircraft Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing... Read More

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 – is key to the company’s mission to... Read More

Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today that the Operational Authorization permit to fly in Spain has been secured. The permit enables Lilium to conduct its flight test campaign at the ATLAS Flight Test Center in Villacarrillo, Spain with its 5th generation technology demonstrator – Phoenix 2. About Lilium Lilium (NASDAQ: LILM) is... Read More

NetJets, the world’s leading private jet company, plans to add a sustainable fleet of Lilium Jets; NetJets will have the right to purchase up to 150 Lilium Jets to be used within NetJets’ existing shared ownership program; FlightSafety International, the leader in professional aviation training, is expected to cover future flight simulator and training services. NetJets Inc. , the largest private aviation company in the... Read More

Lilium N.V. (“Lilium”) (NASDAQ: LILM), announced today that it will crowdsource questions from private shareholders for its upcoming Full Year 2021 business update webcast. Starting today February 21, and continuing through February 27, 2022 , retail investors who are current and verified holders of Lilium shares can submit and upvote questions to be reviewed by Lilium’s management team. To submit questions, please visit the... Read More

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 Zehnder, the global leadership advisory and executive search firm. At... Read More

Lilium NV (“Lilium”) (NASDAQ: LILM), today announced that it plans to release its Third Quarter Fiscal Year 2021 Business Update on Tuesday, November 16, 2021. There will be a webcast and conference call on Tuesday, November 16, 2021 at 8:00 a.m. Eastern Standard Time . The webcast will be available on the Lilium investor relations website https://investors.lilium.com/ . About Lilium Lilium is creating a sustainable and... Read More

Lilium agrees to add Stuttgart airport as hub for planned southern German regional network Passengers in Baden-Württemberg will fly fully electric – connections also include Munich and Nuremberg Ticket prices expected to be comparable to conventional means of travel Stuttgart Airport is expected to become a hub for regional electric flights with zero operating emissions, following the agreement between Stuttgart Airport and... Read More

ABB E-mobility to develop and supply MegaWatt fast charging infrastructure for the all-electric 7-Seater Lilium Jet Approximately 30 minutes to fully charge batteries Will support the MCS charging standard for zero emission aviation 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... Read More