Lilium Jet

ASL Group selects Lilium to provide sustainable air mobility to its customers

Retrieved on: 
Tuesday, July 19, 2022
Lilium Jet, Aircraft, U.S. Securities and Exchange Commission, CEO, ASL, Aviation, Air travel, Communication, Safety, Sustainability, Time, GLOBE, Forward-looking statement, Technology, Population, CO2, Transport, NASDAQ, Industry, Efficiency, Risk, Annual report, Partnership, EVTOL, Intention, Airline, Risk management, Lilium, Benelux

FARNBOROUGH, United Kingdom, July 18, 2022 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • FARNBOROUGH, United Kingdom, July 18, 2022 (GLOBE NEWSWIRE) -- 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 sites in the Benelux.
  • Under the agreement, ASL Group and Lilium seek to establish a safe and sustainable eVTOL network across Belgium, Netherlands, Luxembourg, and Western Germany.
  • The Lilium Jet is a great opportunity to provide better value to our customers in a sustainable way.

Lilium Partners with Bristow on Electric Air Mobility

Retrieved on: 
Monday, July 18, 2022
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The MOU further outlines how Lilium and Bristow may collaborate on the process for achieving the relevant regulatory approvals for operating the Lilium Jet in Florida and plans for Bristow to purchase 50 Lilium Jets.

Key Points: 
  • The MOU further outlines how Lilium and Bristow may collaborate on the process for achieving the relevant regulatory approvals for operating the Lilium Jet in Florida and plans for Bristow to purchase 50 Lilium Jets.
  • The addition of Bristow as a Part 145 maintenance provider marks significant progress for Lilium, adding another reputable partner to enable its regional air service in North America and Europe.
  • Daniel Wiegand, Co-Founder and CEO of Lilium, said, The Bristow partnership builds on our existing partnerships with other best-in-class organizations.
  • Lilium is committed to working together with the best aviation partners to enable a successful commercial entry for the Lilium Jet.

Lilium Engages Astronics for Lilium Jet’s Power Distribution System

Retrieved on: 
Wednesday, June 29, 2022
Aircraft, Tier 1, Transport, Senior, Air travel, GLOBE, EVTOL, Compact, Industry, Astronics Corporation, Original equipment manufacturer, Lighting, Partnership, Embraer, Technology, Communication, Lilium Jet, VDC, SPDU, Solution, NASDAQ, Aviation, Intention, 3D printing, Airline, Boeing, Lilium, Airbus

MUNICH, Germany, June 29, 2022 (GLOBE NEWSWIRE) -- 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 Jets electrical power distribution system.

Key Points: 
  • MUNICH, Germany, June 29, 2022 (GLOBE NEWSWIRE) -- 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 Jets electrical power distribution system.
  • Power distribution units play a critical role within the Lilium Jets innovative electrical power system.
  • Astronics will be responsible for the secondary power distribution units (SPDUs) and charging power distribution units (CPDUs).
  • The company leads many industry working groups in its field and is a leader for high voltage power distribution in aviation.

 Astronics Selected for Lilium Jet’s Electrical Power Distribution System

Retrieved on: 
Wednesday, June 29, 2022
Aerospace, Technology, Manufacturing, Other Transport, Air, Transport, Other Manufacturing, Other Defense, Defense, Engineering, Electronic Design Automation, Aircraft, Transport, Securities Exchange Act of 1934, Senior, Air travel, COVID-19, Growth, EVTOL, Compact, Company, Industry, U.S. Securities and Exchange Commission, Tier 1, Astronics Corporation, Original equipment manufacturer, Lighting, Partnership, Technology, Communication, Nasdaq, Lilium Jet, VDC, SPDU, Solution, NASDAQ, Aviation, News, Intention, Security (finance), 3D printing, Airline, Risk management, Lilium

Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, today announced that it has been selected by Lilium N.V. to design, develop, and build the Lilium Jets electrical power distribution system.

Key Points: 
  • Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, today announced that it has been selected by Lilium N.V. to design, develop, and build the Lilium Jets electrical power distribution system.
  • Power distribution units play a critical role within the Lilium Jets innovative energy management system.
  • Astronics will be responsible for the secondary power distribution units (SPDUs) and charging power distribution units (CPDUs).
  • SPDUs are responsible for high voltage (1000 VDC) to low voltage (28 VDC) conversion and for low voltage distribution and protection.

Final Deadline: Bronstein, Gewirtz & Grossman, LLC Notifies Lilium N.V. f/k/a Qell Acquisition Corp. (LILM, LILMW, QELL, QELLU, QELLW) Investors of Class Action and Last Few Hours to Actively Participate

Retrieved on: 
Friday, June 17, 2022
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Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/lilm .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/lilm .
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
  • If you suffered a loss in Lilium you have until June 17, 2022, to request that the Court appoint you as lead plaintiff.

LILIUM 48 HOUR DEADLINE ALERT: ClaimsFiler Reminds Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Lilium N.V. - LILM, LILMW

Retrieved on: 
Thursday, June 16, 2022
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This action is pending in the United States District Court for the Central District of California.

Key Points: 
  • This action is pending in the United States District Court for the Central District of California.
  • Lilium investors should visit us at https://claimsfiler.com/cases/nasdaq-lilm/ or call toll-free (844) 367-9658.
  • Lilium and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
  • ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements.

LILIUM DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Lilium N.V. and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 16, 2022
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Investors have until June 17, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until June 17, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On March 14, 2022, Iceberg Research published a short report entitled Lilium NV - The Losing Horse in the eVTOL [electric vertical take-off and landing aircraft] Race (the Iceberg Report).
  • On this news, Liliums stock price fell $1.25 per share, or 33.88%, to close at $2.44 per share on March 14, 2022.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

LILIUM 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Lilium N.V. - LILM, LILMW

Retrieved on: 
Wednesday, June 15, 2022
Class Action Lawsuit, Professional Services, Legal, Special warfare combatant-craft crewmen, Lists of schools in England, Research, Court, Lilium Jet, LLC, KSF, Central District, District court, News, Nasdaq, Private investigator, Lilium

This action is pending in the United States District Court for the Central District of California.

Key Points: 
  • This action is pending in the United States District Court for the Central District of California.
  • Lilium and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
  • On this news, shares of Lilium fell $1.25 per share, or 34%, to close at $2.44 per share on March 14, 2022, on unusually heavy trading volume.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.

Lilium Investors: Class action lawsuit filed on behalf of investors; the Portnoy Law Firm

Retrieved on: 
Tuesday, June 14, 2022
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LOS ANGELES, June 14, 2022 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Lilium N.V. f/k/a Qell Acquisition Corp. (NASDAQ: LILM, LILMW, QELL, QELLU, QELLW) ("Lilium " or the "Company") investors that a class action filed on behalf of investors that lost money on their Lilium stock. Lilium investors are encouraged to contact the firm to discuss their legal rights.

Key Points: 
  • LOS ANGELES, June 14, 2022 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Lilium N.V. f/k/a Qell Acquisition Corp. (NASDAQ: LILM, LILMW, QELL, QELLU, QELLW) ("Lilium " or the "Company") investors that a class action filed on behalf of investors that lost money on their Lilium stock.
  • Lilium investors are encouraged to contact the firm to discuss their legal rights.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing.

Lilium Sits Down with Expliseat to Design and Build the Lilium Jet’s seats

Retrieved on: 
Tuesday, June 14, 2022
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MUNICH, Germany, June 14, 2022 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • MUNICH, Germany, June 14, 2022 (GLOBE NEWSWIRE) -- 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.
  • The company has unique expertise in advanced materials such as carbon fiber and titanium, which makes their seats approximately 35% lighter than aviation seats typically made of aluminium.
  • The considerable mass saved is partially reinvested into additional cushions and enhanced ergonomics, which is expected to provide an optimal experience for the Lilium Jets passengers.
  • Based in Paris, Expliseat is an experienced greentech, leader in innovative lightweight seats for the mobility sectors.