Lilium BV

Lilium NV develops all-electric vertical take-off and landing jets. The firm focuses on developing an eVTOL aircraft for use in a new type of high-speed air transport system for people and goods. It uses the Lilium Jet, to offer low noise and high performance with zero operating emissions, and to accelerate the decarbonization of air travel. The company was founded on March 11, 2021 and is headquartered in Wessling, Germany.

Lilium NV engages in developing all-electric vertical take-off and landing jets. The firm focuses on developing an eVTOL aircraft for use in a new type of high-speed air transport system for people and goods. The company was founded by Daniel Wiegand, Sebastian Born, Patrick Nathen and Matthias Meiner in 2015, and is headquartered in Wessling, Germany.

MUNICH, Germany, April 16, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today 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 Lilium Jet and follows extensive testing of battery pack subcomponents from individual cell to stack level with a focus on performance, safety and regulatory conformity.

Lilium Starts Production of High-Performance Battery Packs for the Lilium Jet

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MUNICH, Germany, April 02, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today 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 first Lilium Jets being produced and the Lilium Jet flight simulator, used for pilot training.

Lilium Begins Integration of Garmin Standby Flight Instruments for the Lilium Jet

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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.

Lilium Names Johan Malmqvist as Chief Financial Officer

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MUNICH, Germany, March 13, 2024 (GLOBE NEWSWIRE) -- 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.

Lilium and Atlantic Aviation Unite to Electrify Regional Air Mobility Across the U.S.

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NEW YORK, March 07, 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), today 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 advanced air mobility (AAM) use cases at the Downtown Manhattan Heliport. The Downtown Manhattan Heliport, located near Battery Park on Pier 6, along the East River, will play a key role in the planned future Northeast Corridor regional network for planned operators of the Lilium Jet.

Lilium Supports NYC EDC's Decision to Seek Agnostic Operator for Downtown Manhattan Heliport & AAM's Inclusion; Heliport will Serve as Key Site in Northeast Corridor Regional Network for Lilium Jet

Lilium N.V. (LILM) Q4 2023 Earnings Call Transcript

MUNICH, Germany, Feb. 26, 2024 (GLOBE NEWSWIRE) -- 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 used for testing and the flight test campaign. This development marks another important milestone in the industrialization of the Lilium Jet, following the start of production of the Lilium Jet in late 2023.

Lilium Gears Up for Production of the Lilium Jet's Revolutionary Electric Propulsion Units

SINGAPORE and MUNICH, Germany, Feb. 20, 2024 (GLOBE NEWSWIRE) -- 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. Today, at the Singapore Airshow, the companies announced that Lilium placed a first order of 120 chargers for its ground and flight testing aircraft, as well as for its aircraft maintenance and delivery center activities. Lilium will also provide charging stations to its customers investing into vertiports.

Lilium partners with Star Charge to develop best-in-class charging system for eVTOL operations

SINGAPORE and MUNICH, Germany, Feb. 20, 2024 (GLOBE NEWSWIRE) -- 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. Today, at the Singapore Air Show, the company announced its newly established business unit that will offer the full aircraft manufacturer services portfolio, including training services, maintenance operations, material and battery management and global distribution, flight operations support, ground service equipment, and digital solutions.

Lilium launches its services organization and offering: Lilium POWER-ON

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 services in the ASEAN region, today announced the signing of a Memorandum of Understanding at the Singapore Airshow.

Lilium partners with PhilJets to bring eVTOLs to Asia, starting with the Philippines

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.

Lilium Announces FY and Q4 2023 Shareholder Letter and Webcast on February 27, 2024

ORLANDO, Fla., Feb. 08, 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), announced today 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 proposes the designation of the Greater Orlando Aviation Authority (GOAA) as the Advanced Air Mobility (AAM) test site for the State of Florida.

Lilium Designates Future Orlando Vertiport as Key Network Hub, Supports its Designation as Advanced Mobility Site

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 aircraft operations and Lilium's Aftermarket Services Business.

Lilium and AJW Group Form Strategic Collaboration on Material Management as part of Lilium's Aftermarket Services

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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 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.

Global airport operator Fraport and Lilium to collaborate on development of commercial eVTOL network

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News for Lilium BV Stock (LILM)