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Lilium Powers On First Lilium Jet in Significant Milestone Towards First Flight

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Lilium N.V. (NASDAQ:LILM), a pioneer in Regional Air Mobility, has achieved a significant milestone with the first systems power-on of its all-electric Lilium Jet. This test on MSN 1, the first in-production aircraft, confirms proper construction and functioning of flight systems. The power-on process involves applying 900 Volts to the aircraft, powering various systems including cockpit display, flight controls, and navigation.

MSN 1 will serve as Lilium's lab test aircraft for certification, while MSN 2, currently in final assembly, is slated for the first piloted flight in early 2025. Lilium plans to use six test aircraft for type-certification, targeting entry into service in 2026. The company has also completed the first phase of electrical integration testing at its dedicated lab, successfully testing core electrical functionalities.

Lilium N.V. (NASDAQ:LILM), un pioniere nella Mobilità Aerea Regionale, ha raggiunto un traguardo significativo con il primo accensione dei sistemi del suo Lilium Jet completamente elettrico. Questo test su MSN 1, il primo a essere prodotto, conferma la corretta costruzione e il funzionamento dei sistemi di volo. Il processo di accensione prevede l'applicazione di 900 Volt all'aereo, alimentando vari sistemi tra cui il display della cockpit, i controlli di volo e la navigazione.

MSN 1 servirà come aereo da test per i laboratori di Lilium per la certificazione, mentre MSN 2, attualmente in fase di assemblaggio finale, è programmato per il primo volo pilota all'inizio del 2025. Lilium prevede di utilizzare sei aerei da test per la certificazione di tipo, mirando a entrare in servizio nel 2026. L'azienda ha anche completato la prima fase di test di integrazione elettrica presso il suo laboratorio dedicato, testando con successo le funzionalità elettriche fondamentali.

Lilium N.V. (NASDAQ:LILM), un pionero en Movilidad Aérea Regional, ha alcanzado un hito significativo con la primera activación de los sistemas de su Lilium Jet totalmente eléctrico. Esta prueba en MSN 1, el primer avión en producción, confirma la correcta construcción y funcionamiento de los sistemas de vuelo. El proceso de activación implica aplicar 900 Voltios al avión, alimentando varios sistemas incluyendo la pantalla de la cabina, los controles de vuelo y la navegación.

MSN 1 servirá como avión de pruebas de laboratorio para la certificación de Lilium, mientras que MSN 2, actualmente en ensamblaje final, está programado para el primer vuelo pilotado a principios de 2025. Lilium planea utilizar seis aviones de prueba para la certificación de tipo, con el objetivo de entrar en servicio en 2026. La empresa también ha completado la primera fase de pruebas de integración eléctrica en su laboratorio dedicado, probando con éxito las funcionalidades eléctricas clave.

Lilium N.V. (NASDAQ:LILM)는 지역 항공 이동성의 선구자로서 전기 완전 비행기 Lilium Jet의 첫 번째 시스템 전원을 성공적으로 켰습니다. MSN 1에서 진행된 이 테스트는 첫 번째 생산 항공기로 비행 시스템의 올바른 구성과 작동을 확인합니다. 전원 공급 과정에서는 항공기에 900볼트를 적용하여 조종실 디스플레이, 비행 제어 및 항법을 포함한 여러 시스템에 전원을 공급합니다.

MSN 1은 인증을 위한 Lilium의 실험 비행기로 사용되며, MSN 2는 현재 최종 조립 중으로 2025년 초에 첫 번째 조종사 비행이 예정되어 있습니다. Lilium은 2026년 서비스 시작을 목표로 타입 인증을 위해 여섯 대의 시험 항공기를 사용할 계획입니다. 회사는 또한 전기 기능의 핵심 기능을 성공적으로 테스트한 전용 실험실에서 전기 통합 테스트의 첫 번째 단계를 완료했습니다.

Lilium N.V. (NASDAQ:LILM), un pionnier dans la mobilité aérienne régionale, a atteint une étape importante avec l'activation des premiers systèmes de son Lilium Jet entièrement électrique. Ce test sur MSN 1, le premier avion de production, confirme la bonne construction et le bon fonctionnement des systèmes de vol. Le processus d'activation consiste à appliquer 900 Volts à l'avion, alimentant divers systèmes, y compris l'affichage du cockpit, les commandes de vol et la navigation.

MSN 1 servira d'avion d'essai en laboratoire pour la certification, tandis que MSN 2, actuellement en assemblage final, est prévu pour le premier vol piloté début 2025. Lilium prévoit d'utiliser six avions d'essai pour la certification de type, visant une mise en service en 2026. L'entreprise a également achevé la première phase des tests d'intégration électrique dans son laboratoire dédié, testant avec succès les fonctionnalités électriques de base.

Lilium N.V. (NASDAQ:LILM), ein Pionier in der regionalen Luftmobilität, hat einen bedeutenden Meilenstein mit dem ersten Systemstart seines vollelektrischen Lilium Jets erreicht. Dieser Test an MSN 1, dem ersten in Serie hergestellten Flugzeug, bestätigt die korrekte Konstruktion und Funktion der Flugsysteme. Der Startprozess umfasst die Anwendung von 900 Volt auf das Flugzeug und versorgt verschiedene Systeme, einschließlich eines Cockpit-Displays, der Flugsteuerung und der Navigation, mit Strom.

MSN 1 wird als Versuchsträger für die Zertifizierung von Lilium dienen, während MSN 2, das sich derzeit im Endmontageprozess befindet, für den ersten bemannten Flug Anfang 2025 geplant ist. Lilium plant, sechs Flugzeuge für die Typzertifizierung zu verwenden, mit dem Ziel, 2026 in den Betrieb zu gehen. Das Unternehmen hat außerdem die erste Phase der elektrischen Integrationstests in seinem speziellen Labor abgeschlossen und dabei die grundlegenden elektrischen Funktionen erfolgreich getestet.

Positive
  • Successful completion of first systems power-on milestone for the Lilium Jet
  • MSN 1 and MSN 2 aircraft are in final assembly stages
  • First piloted flight planned for early 2025
  • Six test aircraft planned for type-certification process
  • Successful completion of first phase of electrical integration testing
Negative
  • Entry into service not expected until 2026

Insights

The successful power-on of Lilium's first production jet, MSN 1, marks a important milestone in the development of their electric vertical takeoff and landing (eVTOL) aircraft. This test validates the integration of high-voltage systems and critical avionics, demonstrating progress towards airworthiness certification. The company's approach of using MSN 1 as a lab test aircraft ("ironbird") is a standard industry practice for proving flight safety and regulatory compliance.

Lilium's timeline for piloted flights in early 2025 and targeted entry into service in 2026 appears ambitious but not unrealistic given their progress. The planned fleet of six test aircraft aligns with typical certification programs. However, investors should note that eVTOL development is complex and delays are common in the aerospace industry. The completion of electrical integration testing in the dedicated lab (EPSL) is encouraging, but significant challenges remain in flight testing and certification.

This milestone is a positive indicator for Lilium's progress, but investors should remain cautious. As a pre-revenue company with a market cap of $488 million, Lilium faces significant financial and technological risks. The eVTOL market is highly competitive, with multiple well-funded players vying for market share.

While the power-on achievement is crucial, it doesn't guarantee commercial success. Lilium will need substantial additional capital to reach certification and production. The company's cash burn rate and funding strategy are critical factors to monitor. Investors should also consider the regulatory landscape and potential market demand for regional air mobility services.

The 2026 target for entry into service provides a timeline for potential revenue generation, but profitability may be years beyond that. This news may positively impact stock sentiment in the short term, but long-term value will depend on Lilium's ability to execute its business plan and navigate the challenges of bringing a novel aircraft to market.

  • Systems power-on paves the way for start of Lilium Jet ground testing campaign
  • The first Lilium Jet – MSN 1 – will be used to confirm safety for first piloted flight planned for early 2025
  • MSN 2, the first aircraft that Lilium will fly with a pilot on board, is now in final assembly

MUNICH, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has completed the first systems power-on milestone of its revolutionary all-electric Lilium Jet. The successful test procedure on the first in-production Lilium Jet, MSN 1, represents a significant achievement on the path to first flight and certification. This test confirms that the aircraft is being built in accordance with Lilium’s platform design and the flight systems are functioning correctly.

At power-on, high-voltage (900 Volts) is applied to the aircraft and converted to supply the low-voltage electrical and avionics systems – including cockpit display, flight controls, communication, navigation, and surveillance systems. This milestone corresponds to the customary power-on acceptance test procedure used in conventional commercial aircraft manufacturing.

Stephen Vellacott, Lilium CTO, commented: “Power-on is an important quality gate in the production process of any commercial aircraft. The two Lilium Jets now on our final assembly line, and those to come, will be conforming aircraft, built to the specifications of our design organization, according to documented processes and in line with established aerospace procedures. When it comes to aircraft production, process control, repeatability, traceability, and above all safety is paramount. Achieving this first power-on milestone demonstrates that we’re on track.”

MSN 1 is due to become Lilium’s lab test aircraft, or “ironbird”. It will be a fully functional aircraft and key asset for the certification program, being used to prove safety of flight and compliance with airworthiness requirements. The second Lilium Jet, MSN 2, also currently in final assembly, is the first aircraft that Lilium intends to fly with a pilot on board in early 2025. Production of MSN 3 fuselage is underway at the supplier. Lilium intends to fly a total of six test aircraft up to type-certification and entry into service, targeted for 2026.

In August this year, Lilium successfully completed the first phase of electrical integration testing at the company’s dedicated electrical power system lab (EPSL), a test rig that replicates the Lilium Jet’s full powertrain, from battery pack to engine, outside the aircraft in a controlled test environment. Lilium has so far successfully tested several core electrical functionalities at the EPSL, including high voltage distribution, low voltage conversion and distribution, health reporting, and charging systems.

Contact information for media:  
Christine Pierk
Communications Manager   
+49 151 53919945
press@lilium.com

Contact information for investors: 
Rama Bondada 
Vice President, Investor Relations 
Investors@lilium.com

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 1,000+ 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. 

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 production, certification, flight testing program, delivery schedule, and related timelines for the Lilium Jet, including the power-on of MSN 1 as described in this press release . 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

What milestone did Lilium (LILM) recently achieve for its electric aircraft?

Lilium (LILM) recently achieved the first systems power-on milestone for its all-electric Lilium Jet, a significant step towards first flight and certification.

When is Lilium (LILM) planning the first piloted flight of its electric aircraft?

Lilium (LILM) is planning the first piloted flight of its electric aircraft in early 2025 using the MSN 2 aircraft, which is currently in final assembly.

How many test aircraft does Lilium (LILM) plan to use for type-certification?

Lilium (LILM) plans to use a total of six test aircraft for the type-certification process leading up to entry into service.

What is the target year for Lilium's (LILM) electric aircraft to enter into service?

Lilium (LILM) is targeting 2026 for its electric aircraft to enter into service.

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