Lilium Jet

Global Earth Observation Drone (Military, Civil Administration, Commercial, Leisure) Market Trends, Opportunity, and Forecasts, 2028F

Retrieved on: 
Friday, May 19, 2023
KDDI, Federal Aviation Administration, Yokohama Hakkeijima Sea Paradise, Database, Deep tech, Civil Aviation Authority of Singapore, CAA, Atmosphere, Lilium Jet, Lilium GmbH, Aerial, Telecommunications, Aviation, Farmer, Agriculture, COVID-19, Civil Aviation Administration of China, Civil aviation, CAAC, USD, Government, FAA, Organization, Joby Aviation, Environmental monitoring, Lilium, Forestry, M&A, Acquisition, Investment, Soil, Application, Growth, User (computing), Surveying

Countries all over the world have relaxed regulations pertaining to drone operations to meet this demand and support the Earth Observation Drone Industry.

Key Points: 
  • Countries all over the world have relaxed regulations pertaining to drone operations to meet this demand and support the Earth Observation Drone Industry.
  • One of the main obstacles facing the Global Earth Observation Drone Market is government regulation.
  • Drone laws are required to be enforced in China by the Civil Aviation Administration of China (CAAC) and in the UK by the Civil Aviation Authority (CAA).
  • Company Profiles: Detailed analysis of the major companies present in the Global Earth Observation Drone Market.

Lilium and FlightSafety International Sign Flight Simulator and Training Agreement

Retrieved on: 
Thursday, May 11, 2023
Learning, Mechanics, Berkshire Hathaway, Partnership, Advanced Air Mobility, Lilium Jet, AAM, FSI, Aircraft, New Horizons Computer Learning Centers, FAA, Certification, Lilium, Engineering, Airbus, United Kingdom, EASA, Environment, Embraer, Airline, Bombardier, Boeing

The agreement establishes FlightSafety as the exclusive developer and provider for flight training devices for the Lilium Jet.

Key Points: 
  • 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 an early flight simulator representative of the Lilium Jet cockpit, to be used by Lilium engineers.
  • Additionally, FSI will develop and deliver training programs, including online training program modules, for qualification of future Lilium pilots and mechanics worldwide.
  • We are excited to be working with leading eVTOL manufacturer Lilium, to advance and deliver training that empowers and prepares pilots for the world of eVTOL flight.”

Lilium Jet enters powered test campaign at Europe’s largest wind tunnel facility

Retrieved on: 
Thursday, May 4, 2023
German Aerospace Center, Lilium Jet, A300, IBK, Wind, DNW, Lilium, A400M, Data, Airbus, Physics, A380, Embraer, Aircraft, Airline

This latest campaign follows Lilium’s previous successful wind tunnel testing of aircraft sections in 2021 and 2022 and represents a major milestone in the development of the type-conforming aircraft.

Key Points: 
  • This latest campaign follows Lilium’s previous successful wind tunnel testing of aircraft sections in 2021 and 2022 and represents a major milestone in the development of the type-conforming aircraft.
  • Having started in early May, the testing will enable Lilium to obtain a comprehensive aerodynamic dataset to validate its flight physics and performance predictions.
  • The scale model, one of the most advanced ever to be tested in a wind tunnel, was built according to the latest Lilium Jet design by TGR-E, a provider of high-end manufacturing solutions, supported by aerospace design specialists IBK-Innovation.
  • The scale of the model was also made possible by the dimensions of the DNW facility, which is the largest wind tunnel in Europe, measuring 9.5m (31ft) in width.

Lilium Announces Capital Raise for Up to $250 Million, with $100 Million Funded at Close

Retrieved on: 
Tuesday, May 2, 2023
Letter, Form 6-K, Security (finance), Securities and Exchange Commission of Pakistan, PDP-1, Lilium Jet, Airline, Lilium

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.

Key Points: 
  • 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 development of its Lilium Jet at full pace and would cover most of the estimated capital required to achieve first manned flight of the type-conforming aircraft.
  • Lilium CEO Klaus Roewe stated, “The capital raise announced today marks an important development in our ongoing mission to revolutionize the aviation industry.

Lilium releases Fiscal Year 2022 Shareholder Letter

Retrieved on: 
Tuesday, March 28, 2023
Lilium Jet, Letter, I.F.L.Y., GKN, Physics, Certification, Collins Aerospace, EASA, 3D printing, Lilium

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.

Key Points: 
  • 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 website .
  • Lilium CEO Klaus Roewe commented:
    “We are proud to share our progress in advancing the development of our Lilium Jet.
  • “Building on the successes of 2022, we anticipate yet another transformational year for Lilium in 2023.

Lilium teams with Collins Aerospace to build new Innovative Inceptor System

Retrieved on: 
Thursday, February 23, 2023
Raytheon Technologies, Aircraft, Partnership, Side-stick, Lilium, Aviation, Lilium Jet, Collins Aerospace, Certification, Airline

Collins Aerospace is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry and a Raytheon Technologies business.

Key Points: 
  • Collins Aerospace is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry and a Raytheon Technologies business.
  • The Lilium Jet inceptors will provide safe and intuitive handling qualities, easy access to functionalities, and an aesthetic, ergonomic design.
  • While integrating all conventional mechanical and electrical flight controls into two sidesticks, the Collins Aerospace system brings a new piloting philosophy for single pilot operations in the eVTOL realm.
  • Lilium’s collaboration with Collins Aerospace continues Lilium’s strategy of teaming up with established tier one aerospace suppliers to support certification and prepare the industrial ramp-up.

Ionblox increases Series B to $32m with investment from Lilium, Applied Ventures, Temasek and Catalus Capital

Retrieved on: 
Wednesday, February 8, 2023
Other Manufacturing, Alternative Vehicles, Fuels, Other Transport, EV, Electric Vehicles, Automotive, Other Energy, Transport, Alternative Energy, Manufacturing, Energy, Ageing, USABC, Lilium Jet, Electric vehicle, Vertical, Applied Materials, Temasek, Electric battery, Lilium

Ionblox, a next-generation lithium-ion battery company announced a second close of its Series B round at an increased $32 million.

Key Points: 
  • 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 electric aviation, and prototype fast-charge cells for Electric Vehicles.
  • Ionblox is currently producing its large format pouch cells of up to 50Ah on its pilot production lines.

Lilium joins forces with GKN Aerospace for Lilium Jet’s Electrical Wiring Interconnection System (EWIS)

Retrieved on: 
Tuesday, January 31, 2023
GKN, Lilium Jet, Life, Travel, Aviation, Carbon, EWIS, Partnership, Investment, Cell, Airline, Jet fuel, Lilium, Oberpfaffenhofen

From its facility in the Netherlands, GKN Aerospace will build the EWIS hardware sets and support Lilium with on-site installation into the Lilium Jet at Lilium’s final assembly line at Oberpfaffenhofen, Germany.

Key Points: 
  • From its facility in the Netherlands, GKN Aerospace will build the EWIS hardware sets and support Lilium with on-site installation into the Lilium Jet at Lilium’s final assembly line at Oberpfaffenhofen, Germany.
  • GKN Aerospace has a significant track record in the design and build of certifiable EWIS solutions within the aerospace industry.
  • The scope of the collaboration covers the integrated design of the low voltage and high voltage electrical interconnections of the Lilium Jet.
  • GKN Aerospace has enormous experience developing certifiable EWIS systems and impressed us with their dedicated offering for the Lilium Jet.

Lilium releases Q3 Business Update

Retrieved on: 
Tuesday, December 6, 2022
Lilium Jet, Annual report, Communication, Prospectus, Air travel, Transport, Aircraft, Risk, United Kingdom, Airline, Risk management, Lilium

Lilium (NASDAQ: LILM) is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods.

Key Points: 
  • Lilium (NASDAQ: LILM) is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods.
  • Using the Lilium Jet, an all-electric vertical take-off and landing jet, offering leading capacity, low noise and high performance with zero operating emissions, Lilium is accelerating the decarbonization of air travel.
  • This communication contains certain forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding Lilium N.V.’s proposed business and business model, the markets and industry in which Lilium N.V. and its subsidiaries (collectively, the “Lilium Group”) operate or intend to operate, Lilium’s agreement with eVolare for the proposed sales of the Lilium Jet and development of and operation of an eVTOL network across the United Kingdom, Lilium’s Memorandum of Understanding with SAUDIA for the proposed development of and operation by SAUDIA of an eVTOL network across Saudi Arabia, the anticipated timing of the commercialization and launch of the Lilium Group’s business in phases and the expected results of the Lilium Group’s business and business model, including when launched in phases.
  • You are cautioned not to put undue reliance on forward-looking statements, and the Lilium Group assumes no obligation to, and does not intend to, update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Lilium expands into UK market with eVolare, signs binding contract including pre-delivery payment for up to 20 aircraft

Retrieved on: 
Monday, December 5, 2022
OXFORD, Aviation, Lilium Jet, United, Human, Travel, Ecosystem, Air travel, Transport, Aircraft, Jet, Partnership, Airline, Lilium

This partnership includes a firm commitment for ten Lilium Pioneer Edition Jets, with an option to reserve an additional ten Lilium Pioneer Edition Jets.

Key Points: 
  • This partnership includes a firm commitment for ten Lilium Pioneer Edition Jets, with an option to reserve an additional ten Lilium Pioneer Edition Jets.
  • eVolare will be Lilium’s lead partner and launch operator in the UK for sales of the Lilium Jet to private individuals.
  • By association with such a leading voice in the private aviation sector, Lilium will benefit from eVolare’s extensive expertise within the UK aviation network, and its premium market to manage Lilium Pioneer Edition Jets in the UK.
  • In addition, eVolare will provide safe and reliable operation of Lilium’s aircraft from Oxford, running a maintenance service centre and investing in landing infrastructure for Lilium’s UK network.