Lilium expects state guarantees in Germany against loan worth €100m-plus news Yves Le Marquand 15 May 24 0 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… Read more
Lilium shifting focus to France as it seeks capital for production ramp up news Yves Le Marquand 13 May 24 0 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… Read more
Volocopter capital needs intensify following loan option stall news Yves Le Marquand 29 Apr 24 0 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… Read more
Lilium begins production of battery packs news Yves Le Marquand 16 Apr 24 0 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… Read more
LYTE Aviation partners with Lange Aviation and Cranfield University news Yves Le Marquand 27 Mar 24 0 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… Read more
Lilium names Johan Malmqvist as chief financial officer news Yves Le Marquand 25 Mar 24 0 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… Read more
Airbus presents eVTOL prototype to public news Yves Le Marquand 8 Mar 24 0 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.… Read more
German regulator approves Volocopter as training organisation news Yves Le Marquand 1 Mar 24 0 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… Read more
Lilium tightens belt, beats budget in 2023 news Fayaz Hussain 29 Feb 24 0 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… Read more
Lilium and Fraport partner on commercial eVTOL network development news Yves Le Marquand 10 Jan 24 0 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… Read more
Lufthansa and Lilium sign deal to explore eVTOL operations in Europe news Yves Le Marquand 8 Dec 23 0 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… Read more
First Lilium Jet fuselage on final assembly line news Yves Le Marquand 7 Dec 23 0 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… Read more
Wingcopter delivering football kits via drone news Yves Le Marquand 5 Dec 23 0 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… Read more
Looking to operations: Lyte Aviation partners with Volatus Infrastructure & Energy news Yves Le Marquand 28 Nov 23 0 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… Read more
Vaeridion and EASA sign pre-application contract on Microliner certification news Yves Le Marquand 28 Nov 23 0 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… Read more