Yahoo Finance • 11 months ago

CITIC Offshore Helicopter and Lilium partner to launch eVTOL Network in China's Greater Bay Area

SHENZEN, China, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, and CITIC Offshore Helicopter Co., Ltd (COHC), China’s sole helicopter port pilotage... Full story

Yahoo Finance • 12 months ago

Lilium Partners With Industrial Leader DENSO to Prepare Production Ramp-Up of the Lilium Jet’s Innovative Electric Engine

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 m... Full story

Yahoo Finance • 12 months ago

ArcosJet and Lilium Announce Purchase of 10 eVTOL Jets

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 J... Full story

Yahoo Finance • 12 months ago

Lilium Announces Partnership for High-Volume Production of Lilium Jet Battery Cells

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... Full story

Yahoo Finance • 12 months ago

Lilium and Michelin Announce the Development and Serial Production of Lilium Jet Tires

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 mo... Full story

Yahoo Finance • last year

Lilium to Lift the Lid on the Power behind its revolutionary eVTOL Jet

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 desi... Full story

Yahoo Finance • last year

Lilium Jet Becomes First eVTOL for Private Sale in the U.S. in Pioneering Partnership with EMCJET

Texas-based EMCJET, responding to premium market interest, secures production slots for the first U.S. Lilium Pioneer Edition JetsMarks the first time Lilium Jets, or any eVTOL aircraft, will be available for private purchase in the U.S. m... Full story

Yahoo Finance • last year

First high voltage electrical harnesses roll off the line for the all-electric Lilium Jet

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 canardsThe novel harness system, for which Lilium has been granted patent... Full story

Yahoo Finance • last year

Lilium Starts Assembly of the Lilium Jet’s Revolutionary Electric Propulsion System

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... Full story

Yahoo Finance • last year

Lilium Marks Significant Milestone with the Commencement of Fuselage Assembly for its Lilium Jet

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 st... Full story

Yahoo Finance • last year

Lilium Announces Pricing of Upsized $192 Million Financing

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 o... Full story

Yahoo Finance • last year

Lilium Announces Launch of Offering of Class A Shares

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... Full story

Yahoo Finance • last year

Lilium completes final audit in major step towards achieving EASA Design Organization Approval

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 Organiza... Full story

Yahoo Finance • last year

FAA Issues G-1 for Lilium Jet, making Lilium only eVTOL manufacturer with EASA and FAA certification basis for a powered lift eVTOL aircraft

G-1 award confirms Lilium’s strategy of pursuing dual certification of the Lilium Jet to enable entry into service in key markets globallyFAA G-1 is a critical milestone in the FAA cross-validation process, establishing airworthiness and e... Full story

Yahoo Finance • last year

Lilium and UrbanV to collaborate on vertiports in Italy, the French Riviera and beyond

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... Full story

Yahoo Finance • last year

Bao'an District of Shenzhen municipality and Lilium partner for eVTOL service in China

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-en... Full story

Yahoo Finance • last year

Lilium signs agreement with Heli-Eastern for the purchase of Lilium Jets and the development of premium eVTOL services in China

• ThetwocompanieswilljointlydevelopeVTOLservicesacrosstheGuangdong-HongKong-MacaoGreaterBayArea • Heli-Easternintendstopurchase100LiliumJets • Heli-EasternwilloperatetheLiliumJetfleetintheregionandprovidemaintenanceandcrewingservices PA... Full story

Yahoo Finance • last year

Lilium Announces May 24 Release of Q1 2023 Shareholder Letter

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 Share... Full story

Yahoo Finance • 2 years ago

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

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)... Full story

Yahoo Finance • 2 years ago

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

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... Full story