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Lilium Launches M&A Process with KPMG, Targets Program Continuation Towards First Flight and Certification
November 05, 2024 04:00 ET | Lilium GmbH
KPMG mandated for a structured M&A process – first investor briefings to start soonLocal court approved insolvency filings of Lilium’s German subsidiaries and appoints custodian and Chief...
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Lilium N.V. Receives Notice of Delisting from Nasdaq
November 01, 2024 16:32 ET | Lilium GmbH
MUNICH, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (the “Company” or “Lilium”), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), on Tuesday,...
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Lilium Board approves application for self-administration of German subsidiaries
October 24, 2024 17:00 ET | Lilium GmbH
Follows German parliament´s Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraiseCompany was also unable to reach an agreement in principle with...
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Lilium, GE Aerospace partner to deliver eVTOL flight safety
October 23, 2024 07:30 ET | Lilium GmbH
Two companies combining their flight data and analytics platforms to inform eVTOL flight safety standardsLilium to deploy GE technology to all Lilium Jet operators, starting with Lilium’s own flight...
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Lilium Powers On First Lilium Jet in Significant Milestone Towards First Flight
October 01, 2024 06:00 ET | Lilium GmbH
Systems power-on paves the way for start of Lilium Jet ground testing campaignThe first Lilium Jet – MSN 1 – will be used to confirm safety for first piloted flight planned for early 2025MSN 2, the...
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Lilium Debuts Jet in U.S. at Houston Hobby Airport and Signs Infrastructure Partnership with Galaxy FBO
September 26, 2024 07:30 ET | Lilium GmbH
Houston-based aircraft brokerage EMCJET will showcase the Lilium Jet for the very first time in the U.S. at Galaxy FBOGalaxy FBO is partnering with Lilium to ensure accessibility for the Lilium Jet at...
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Lilium Welcomes Aerospace Industry Veteran Philippe Balducchi to Board of Directors
September 12, 2024 07:30 ET | Lilium GmbH
Philippe Balducchi is CFO of KNDS, one of Europe’s largest defense companiesPreviously: CEO of Airbus Canada, Head of Bombardier C-Series/A220 integration, CFO of Airbus North AmericaAppointment due...
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Lilium Starts Integration Testing of Lilium Jet Electrical Power System
August 21, 2024 07:30 ET | Lilium GmbH
Key milestone towards verification of safety of flight and type-certification of the Lilium JetNew lab precisely replicates the Lilium Jet’s electric powertrain from battery pack to engine MUNICH,...
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New landmark international study: 2-in-3 People Agree: Now Is The Time for Air Travel to Become Sustainable
August 07, 2024 04:00 ET | Lilium GmbH
New research undertaken amongst 4,000 adults across the US, UK, France, and Germany reveals overwhelming concern over air travel’s impact on pollution and climate changeConsumers say future of...
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Lilium partners with leading global airport operator Groupe ADP to expand infrastructure network for the Lilium Jet
July 24, 2024 08:56 ET | Lilium GmbH
Groupe ADP manages an extensive portfolio of 23 airports in some of Lilium’s key markets including France (all three Paris airports), the Kingdom of Saudi Arabia (Jeddah and Riyadh) and Turkey.Groupe...