Lilium expects state guarantees in Germany against loan worth €100m-plus

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Yves Le Marquand

15 May 24

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The positive answer Lilium was looking for from Germany appears to have been realised as the federal government and State of Bavaria commission state development…

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Lilium shifting focus to France as it seeks capital for production ramp up

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Yves Le Marquand

13 May 24

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Lilium is in advanced talks with the French government on potential subsidies and loan guarantees worth up to €400m as it seeks to expand production…

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Volocopter capital needs intensify following loan option stall

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Yves Le Marquand

29 Apr 24

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Volocopter’s CEO, Dirk Hoke has said the company could be forced to look at insolvency options “in the foreseeable future”, according to German newspaper Süddeutsche Zeitung. The…

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Lilium begins production of battery packs

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Yves Le Marquand

16 Apr 24

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Lilium has started production of its battery packs to power the Lilium Jet on its first piloted test flight, planned for the end of this…

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LYTE Aviation partners with Lange Aviation and Cranfield University

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Yves Le Marquand

27 Mar 24

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LYTE Aviation sets its sights on prototype building, forging new partnerships with Lange Aviation and Cranfield University. Although details surrounding construction timeline and initial test…

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Lilium names Johan Malmqvist as chief financial officer

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Yves Le Marquand

25 Mar 24

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German eVTOL developer Lilium has appointed Johan Malmqvist as chief financial officer (CFO). Malmqvist  has more than 25 years’ experience in CFO roles across a…

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Airbus presents eVTOL prototype to public

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Yves Le Marquand

8 Mar 24

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The rollout of Airbus’ eVTOL is an “important and very real step” towards AAM, according to Balkiz Sarihan, the firm’s head of Urban Air Mobility.…

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German regulator approves Volocopter as training organisation

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Yves Le Marquand

1 Mar 24

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Volocopter is now an approved training organisation (ATO) following certification by the German Federal Aviation office (Luftfahrt Bundesamt). This certification, held through its subsidiary Volocopter…

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Lilium tightens belt, beats budget in 2023

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Fayaz Hussain

29 Feb 24

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Lilium reported strong financial performance in 2023, exceeding expectations in terms of cash burn and liquidity. “2023 was a pivotal year for Lilium,” said CEO…

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Lilium and Fraport partner on commercial eVTOL network development

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Yves Le Marquand

10 Jan 24

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Lilium has signed a deal with airport operator Fraport to work together on developing a commercial eVTOL network. Active at 30 international airports across four…

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Lufthansa and Lilium sign deal to explore eVTOL operations in Europe

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Yves Le Marquand

8 Dec 23

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Lilium and Lufthansa Group have signed a memorandum of understanding (MoU) to explore use cases for Lilium’s aircraft in Europe.  The pair plan to look…

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First Lilium Jet fuselage on final assembly line

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Yves Le Marquand

7 Dec 23

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Lilium announced it has begun production of the Lilium Jet, following yesterday’s arrival of the first fuselage at the firm’s final assembly line.   The…

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Wingcopter delivering football kits via drone

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Yves Le Marquand

5 Dec 23

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Fans of German football club SV Darmstadt 98 can support their team and the fledgling drone delivery industry now that a new partnership sees Wingcopter…

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Looking to operations: Lyte Aviation partners with Volatus Infrastructure & Energy

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Yves Le Marquand

28 Nov 23

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Lyte Aviation has partnered with Volatus Infrastructure & Energy Solutions (VI&E) to explore ecosystem requirements for operations such as landing pads, refuelling and charging. Founded…

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Vaeridion and EASA sign pre-application contract on Microliner certification

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Yves Le Marquand

28 Nov 23

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Vaeridion has signed a pre-application contract (PAC) with the European Union Aviation Safety Agency (EASA) in a first for a general aviation manufacturer. The Munich-based…

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