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Lilium, GE Aerospace partner to deliver eVTOL flight safety

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Lilium and GE Aerospace have announced a strategic partnership to enhance eVTOL flight safety standards. The collaboration combines their flight data and analytics platforms to develop scalable flight data management solutions for eVTOL operators. GE's Event Measurement System (EMS) will be integrated into Lilium's 'POWER-ON' aftermarket service, providing critical insights for Lilium Jet operators. The partnership aims to establish OEM-level Flight Data Monitoring programs and voluntary FDM options for customers. First Lilium Jet deliveries are expected in 2026, with the eVTOL market projected to reach $1 trillion by 2040 according to JP Morgan.

Lilium e GE Aerospace hanno annunciato una partnership strategica per migliorare gli standard di sicurezza del volo eVTOL. La collaborazione combina le loro piattaforme di dati di volo e analisi per sviluppare soluzioni scalabili di gestione dei dati di volo per gli operatori eVTOL. Il Sistema di Misurazione degli Eventi (EMS) di GE sarà integrato nel servizio post-vendita 'POWER-ON' di Lilium, fornendo informazioni critiche per gli operatori di Lilium Jet. La partnership mira a stabilire programmi di Monitoraggio dei Dati di Volo a livello OEM e opzioni FDM volontarie per i clienti. Le prime consegne di Lilium Jet sono attese nel 2026, con il mercato eVTOL che si prevede raggiunga 1 trilione di dollari entro il 2040 secondo JP Morgan.

Lilium y GE Aerospace han anunciado una asociación estratégica para mejorar los estándares de seguridad en el vuelo eVTOL. La colaboración combina sus plataformas de datos de vuelo y análisis para desarrollar soluciones escalables de gestión de datos de vuelo para los operadores de eVTOL. El Sistema de Medición de Eventos (EMS) de GE se integrará en el servicio postventa 'POWER-ON' de Lilium, proporcionando información crítica para los operadores del Lilium Jet. La asociación tiene como objetivo establecer programas de Monitoreo de Datos de Vuelo a nivel de fabricante y opciones de FDM voluntarias para los clientes. Se esperan las primeras entregas de Lilium Jet en 2026, con un mercado de eVTOL que se proyecta alcanzará 1 billón de dólares para 2040 según JP Morgan.

LiliumGE Aerospace가 eVTOL 비행 안전 기준을 강화하기 위한 전략적 파트너십을 발표했습니다. 이 협력은 비행 데이터 및 분석 플랫폼을 결합하여 eVTOL 운영자를 위한 확장 가능한 비행 데이터 관리 솔루션을 개발합니다. GE의 이벤트 측정 시스템(EMS)은 Lilium의 'POWER-ON' 애프터마켓 서비스에 통합되어 Lilium Jet 운영자를 위한 중요한 통찰력을 제공합니다. 이 파트너십은 OEM 수준의 비행 데이터 모니터링 프로그램과 고객을 위한 자발적인 FDM 옵션을 마련하는 것을 목표로 합니다. 첫 번째 Lilium Jet 배송은 2026년에 예정되어 있으며, eVTOL 시장은 JP Morgan에 따르면 2040년까지 1조 달러에 이를 것으로 예상됩니다.

Lilium et GE Aerospace ont annoncé un partenariat stratégique pour améliorer les normes de sécurité des vols eVTOL. La collaboration combine leurs plateformes de données de vol et d'analytique pour développer des solutions de gestion des données de vol évolutives pour les opérateurs eVTOL. Le Système de Mesure des Événements (EMS) de GE sera intégré dans le service après-vente 'POWER-ON' de Lilium, fournissant des informations critiques pour les opérateurs de Lilium Jet. Le partenariat vise à établir des programmes de Surveillance des Données de Vol au niveau OEM et des options FDM volontaires pour les clients. Les premières livraisons des Lilium Jet sont attendues en 2026, le marché eVTOL devant atteindre 1 trillion de dollars d'ici 2040, selon JP Morgan.

Lilium und GE Aerospace haben eine strategische Partnerschaft angekündigt, um die Sicherheitsstandards für eVTOL-Flüge zu verbessern. Die Zusammenarbeit vereint ihre Flugdaten- und Analyseplattformen, um skalierbare Lösungen zur Flugdatenverwaltung für eVTOL-Betreiber zu entwickeln. Das Event Measurement System (EMS) von GE wird in den 'POWER-ON'-Nachvermarktungsservice von Lilium integriert, um den Betreibern der Lilium Jet wichtige Einblicke zu geben. Ziel der Partnerschaft ist es, OEM-gestützte Programme zur Flugdatenüberwachung und freiwillige FDM-Optionen für Kunden einzurichten. Die ersten Lieferungen des Lilium Jet werden für 2026 erwartet, und der eVTOL-Markt wird laut JP Morgan bis 2040 voraussichtlich 1 Billion Dollar erreichen.

Positive
  • Strategic partnership with GE Aerospace enhances safety credibility
  • Integration with GE's EMS platform used by 60+ airlines and 500+ business jet operators
  • Development of comprehensive aftermarket service offering (POWER-ON)
  • First customer deliveries scheduled for 2026
Negative
  • No current revenue generation as deliveries won't start until 2026
  • Significant market development and certification hurdles remain before commercialization

Insights

The partnership between Lilium and GE Aerospace represents a significant step in establishing safety infrastructure for the emerging eVTOL industry. The integration of GE's Event Measurement System with Lilium's Fleet Optimizer creates a comprehensive data analytics framework that will be important for commercial operations.

The projected $1 trillion market size by 2040 highlights the massive potential, but success hinges on meeting stringent safety standards. GE's proven track record with 60+ airlines and 500+ business jet operators provides the credibility needed for regulatory compliance and market acceptance.

This collaboration addresses a critical gap in eVTOL infrastructure - standardized safety monitoring systems. With first deliveries expected in 2026, establishing these systems now is essential for commercial viability and scale.

  • Two companies combining their flight data and analytics platforms to inform eVTOL flight safety standards
  • Lilium to deploy GE technology to all Lilium Jet operators, starting with Lilium’s own flight test campaign
  • GE Aerospace’s Event Measurement System (EMS) is used globally by 60 airlines and more than 500 business jet operators

LAS VEGAS, Oct. 23, 2024 (GLOBE NEWSWIRE) -- With eVTOLs on the cusp of taking off commercially in the coming years, GE Aerospace is partnering with Lilium, a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), to build a solid safety foundation for this exciting new mode of travel. The two companies are bringing together their respective flight data and analytics platforms to build scalable flight data management solutions that inform the right safety standards and guidelines for eVTOL operators.

GE’s Event Measurement System platform will be a critical digital component of Lilium’s unique and comprehensive aftermarket offering “POWER-ON” that provides safe, efficient, and customer-centric solutions for operators of the Lilium Jet. All Lilium customers will have access to a range of digital services to support their daily operations with critical insights and actionable data.

eVTOLs are flying today at dedicated demonstration and testing sites around the world in the US, Europe, and Asia, and first customer deliveries of the Lilium Jet are expected in 2026. The market is forecasted to grow to as much as $1 trillion by the year 2040, according to JP Morgan.

“Aviation regulators in Europe and the US are rightly setting the highest bar for eVTOLs to meet in safety standards and regulations,” said Andrew Coleman, General Manager, GE Aerospace’s Software as a Service (SaaS) Group. “Together with Lilium, a leader in the eVTOL space, we’re bringing together OEM-level flight data monitoring and quality assurance capabilities of EMS with Lilium’s eVTOL jet-related analytics platform to establish a robust safety foundation for eVTOL industry that will help to accelerate commercial scale adoption of this exciting new technology.”

“We’re thrilled to partner with GE Aerospace to ensure that Lilium Jet operators have industry-leading comprehensive safety data at their fingertips,” said Dominique Decard, VP Fleet Operations, Support, and Services at Lilium. “Flight data monitoring at a fleetwide level is a key component of our aftermarket services offering for operators. Collaborating with GE today will allow us to deploy the technology to support our flight test campaign”

As part of this extraordinary partnership, GE Aerospace and Lilium will build an OEM-level Flight Data Monitoring (FDM) or Flight Operations Quality Assurance (FOQA) program, to monitor eVTOL safety at a fleet wide level, as well as establish a voluntary FDM program option for Lilium’s customers, built in collaboration by both companies.

EMS is used by more than 60 airlines globally and more than 500 business jet operators today for FDM / FOQA. With the millions of data points recorded by Lilium’s aircraft fed through its Fleet Optimizer and EMS, both companies will not only be able to build scalable FDM solutions, but also establish the safety foundations for eVTOL operators.

Lilium’s Fleet Optimizer is the core platform for all Lilium Jet related data and analytics that will share its insights with GE’s EMS platform. With EMS’ exceptional legacy for safety and efficiency, Lilium and GE, through this partnership, will also explore how the combination of the Fleet Optimizer and EMS could maximize efficiency and reliability of the aircraft.

More information about GE Aerospace software for the aviation industry here.

About Lilium:
Lilium (NASDAQ: LILM) is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods. Using the Lilium Jet, an all-electric vertical take-off and landing jet, designed to offer leading capacity, low noise, and high performance with zero operating emissions, Lilium is accelerating the decarbonization of air travel. Working with aerospace, technology, and infrastructure leaders, and with announced sales and indications of interest in Europe, the United States, China, Brazil, the UK, the United Arab Emirates, and the Kingdom of Saudi Arabia, Lilium’s 1000+ strong team includes approximately 500 aerospace engineers and a leadership team responsible for delivering some of the most successful aircraft in aviation history. Founded in 2015, Lilium’s headquarters and manufacturing facilities are in Munich, Germany, with teams based across Europe and the U.S. To learn more, visit www.lilium.com.  

About GE Aerospace 
GE Aerospace (NYSE:GE) is a global aerospace propulsion, services, and systems leader with an installed base of approximately 44,000 commercial and 26,000 military aircraft engines. With a global team of 52,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow and the future at www.geaerospace.com.

GE Aerospace software solutions put aviation data to work with products and services that empower airlines to run robust and resilient operations. Flight Ops, Tech Ops, and Maintenance and Reliability Analytics solutions from GE Aerospace, Software as a Service help aircraft operators enhance safety & efficiency, reduce operational disruptions, improve passenger experience, and make better decisions regarding real-time fleet health. Today, GE Aerospace Flight Analytics solutions supports over 17,000 aircraft and 40,000 pilots with FlightPulse pilot application. For more information, visit us at www.GEAerospace.com/systems/saas.

For media inquiries, please contact:

Sam Polstein
Head of Communications, U.S.
Lilium
sam.polstein@lilium.com
+1.646.477.8893

Lilium Forward Looking Statements   

This press release contains certain forward‐looking statements within the meaning of the U.S. federal securities laws, including, but not limited to, statements regarding: (i) Lilium N.V.’s and its subsidiaries (collectively, the “Lilium Group”) proposed business and business model; (ii) the markets and industry in which the Lilium Group operates or intends to operate; and (iii) the Lilium Group’s progress towards type certification (and type certificate validation) of its Lilium Jet with EASA and the FAA; and (iv) the Lilium Group’s partnership with GE Aerospace as described herein. These forward‐looking statements generally are identified by the words “anticipate,” “believe,” “could,” “expect,” “estimate,” “future,” “intend,” “may,” “on track,” “plan,” “project,” “should,” “strategy,” “will,” “would” and similar expressions. Forward‐looking statements are predictions, projections, and other statements about future events that are based on management’s current expectations with respect to future events and are based on assumptions and are subject to risk and uncertainties that are subject to change at any time. Actual events or results may differ materially from those contained in the forward‐looking statements. Factors that could cause actual future events to differ materially from the forward‐looking statements in this press release include those risks and uncertainties discussed in Lilium’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including in the section titled “Risk Factors” in our Annual Report on Form 20‐F for the year ended December 31, 2023, on file with the SEC, and similarly titled sections in Lilium’s other SEC filings, all of which are available at www.sec.gov. Forward‐looking statements speak only as of the date they are made. You are cautioned not to put undue reliance on forward‐looking statements, and Lilium assumes no obligation to, and does not intend to, update, or revise these forward‐looking statements, whether as a result of new information, future events or otherwise.


FAQ

When will Lilium (LILM) begin customer deliveries of its eVTOL jets?

Lilium plans to begin customer deliveries of the Lilium Jet in 2026.

What is the projected market size for eVTOLs according to the Lilium (LILM) announcement?

According to JP Morgan estimates cited in the announcement, the eVTOL market is forecasted to grow to $1 trillion by 2040.

What technology is Lilium (LILM) implementing through its partnership with GE Aerospace?

Lilium is implementing GE Aerospace's Event Measurement System (EMS) platform as part of its POWER-ON aftermarket service to enhance flight data monitoring and safety standards.

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