Lilium receives FAA G-1 certification basis news Yves Le Marquand 26 Jun 23 0 Lilium has received the FAA’s G-1 Certification Basis necessary for type certification of its aircraft, making it the only powered-lift OEM to receive a basis… Read more
Lilium begins expanding into Asian market news Yves Le Marquand 19 Jun 23 0 Lilium has begun expanding into Hong Kong and China, including an order from Heli-Eastern for 100 aircraft. Heli-Eastern aka Shenzhen Eastern General Aviation, is a… Read more
ASL Group pays Lilium pre-delivery deposits as OEM reports Q1 results news Yves Le Marquand 26 May 23 0 ASL Group has made pre-delivery payments to Lilium as part of an order for six aircraft, as the German OEM reports first-quarter (Q1) results. The… Read more
Lilium and Air-Dynamic announce deal for five aircraft news Yves Le Marquand 23 May 23 0 Lilium has announced an agreement with Air-Dynamic, a Switzerland-based private jet and helicopter company including deposit payments for delivery of up to five Lilium Jets. … Read more
FlightSafety to train Lilium eVTOL pilots news Yves Le Marquand 12 May 23 0 Lilium has agreed a partnership with aviation training company, FlightSafety International (FSI) to train its pilots. The agreement makes FlightSafety the exclusive developer and provider… Read more
Lilium announces $250m capital raise news Yves Le Marquand 2 May 23 0 Lilium has announced a capital raise of up to $250m, with $100m already funded at close. This latest capital raise enables the German OEM to… Read more
Collins Aerospace to build sidestick system for Lilium Jet news Yves Le Marquand 23 Feb 23 0 Lilium has teamed with Collins Aerospace to develop and build the Lilium Jet’s inceptors – the sidestick system used by the pilot to control the… Read more
Lilium increases investment in Ionblox, betting on (5x) better batteries news Yves Le Marquand 10 Feb 23 0 Lithium-ion battery developer, Ionblox has reported a second close of its Series B round at an increased $32m. Original investors Lilium and Applied Ventures were… Read more
GKN Aerospace to build EWIS solution for Lilium Jet I news Yves Le Marquand 1 Feb 23 0 Lilium and GKN Aerospace have signed an agreement to design and build an integrated electrical wiring interconnection system (EWIS) solution for the German OEM’s eVTOL. … Read more
Lilium appoints new CFO and CCO news Yves Le Marquand 17 Jan 23 0 Lilium has appointed Oliver Vogelgesang as chief financial officer and Sebastien Borel as chief commercial officer. Vogelgesang will take over from Geoffrey Richardson, who is… Read more
PDPs are ‘integral component’ to Lilium’s future capital structure news Yves Le Marquand 8 Dec 22 0 Pre-delivery payments are an “integral component” to Lilium’s future capital structure and will form a key part of its development in 2023, according to Sebastien… Read more
Lilium and eVolare sign initial deal for 10 aircraft news Yves Le Marquand 5 Dec 22 0 Lilium has signed a deal with eVolare, a subsidiary of Volare Aviation, for the purchase of 10 Lilium Pioneer Jets with the option for 10… Read more
Lilium latest capital raise priced at $119m news Yves Le Marquand 18 Nov 22 0 Lilium’s (Nasdaq: LILM) latest capital raise has been priced at $119m, the firm said today. The fundraising, from existing shareholders, new investors, and strategic partners… Read more
Lilium and Saudia announce deal for 100 eVTOLs news Yves Le Marquand 27 Oct 22 0 Saudia Arabia’s national carrier has agreed to purchase 100 Lilium Jets making Saudia the first airline in the region to step into the eVTOL space.… Read more