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Lilium N.V. - LILM STOCK NEWS

Welcome to our dedicated page for Lilium N.V. news (Ticker: LILM), a resource for investors and traders seeking the latest updates and insights on Lilium N.V. stock.

About Lilium N.V.

Lilium N.V. (NASDAQ: LILM) is a Munich-based aviation company revolutionizing regional air mobility (RAM) through the development of its all-electric vertical take-off and landing (eVTOL) jet. Founded in 2015, Lilium aims to create a sustainable and accessible mode of high-speed transportation for people and goods, offering a transformative alternative to traditional aviation and ground transport systems. The company's flagship product, the Lilium Jet, is designed to deliver exceptional performance with zero operating emissions, low noise, and high passenger capacity, addressing the growing global demand for efficient, eco-friendly transportation solutions.

Core Business and Technology

At the heart of Lilium's operations is the Lilium Jet, an eVTOL aircraft that utilizes a proprietary ducted electric fan propulsion system. This innovative design prioritizes aerodynamic efficiency, enabling the aircraft to achieve vertical take-off and landing capabilities while maintaining high-speed forward flight. The Lilium Jet is optimized for regional travel, with an estimated range of up to 300 kilometers (186 miles) and a top speed of 300 kilometers per hour (186 mph). Its electric propulsion system ensures zero emissions, aligning with global efforts to decarbonize the aviation industry.

Lilium's engineering and manufacturing teams adhere to rigorous aerospace standards, leveraging expertise from a leadership team responsible for delivering some of the most successful aircraft in aviation history. The company has also established advanced testing facilities, such as its Electrical Power System Lab (EPSL), to validate the safety and performance of its powertrain and other critical systems.

Market Position and Partnerships

Lilium operates within the advanced air mobility (AAM) sector, a rapidly evolving industry projected to play a pivotal role in the future of transportation. The company collaborates with global aerospace, technology, and infrastructure leaders to develop the necessary ecosystems for eVTOL operations. These partnerships extend to regional governments and regulatory bodies, where Lilium contributes to shaping the frameworks required for integrating eVTOL aircraft into existing airspace and transportation networks.

With announced sales and indications of interest from operators in Europe, the United States, China, Brazil, the United Kingdom, the United Arab Emirates, and Saudi Arabia, Lilium is positioning itself as a key player in the global AAM market. Its potential applications range from passenger transport to logistics, offering versatile solutions for urban and regional mobility challenges.

Challenges and Competitive Landscape

While Lilium's vision is ambitious, the company faces significant challenges, including regulatory approval processes, high development costs, and the need for substantial capital investment to scale manufacturing. The eVTOL market is highly competitive, with major players like Joby Aviation, Archer Aviation, and traditional aerospace companies vying for market share. Lilium differentiates itself through its unique ducted fan technology, which offers advantages in noise reduction and operational efficiency.

Operational Model

Lilium's business model extends beyond aircraft manufacturing. The company is actively involved in establishing the infrastructure required for eVTOL operations, including vertiports and charging facilities. By working closely with partners and stakeholders, Lilium aims to create a seamless end-to-end transportation solution that integrates with existing mobility systems.

As an innovator in electric aviation, Lilium is contributing to the broader decarbonization of the industry, aligning with global sustainability goals. Its focus on safety, efficiency, and environmental impact underscores its commitment to redefining regional transportation.

Rhea-AI Summary
Lilium (NASDAQ: LILM) and PhilJets sign MoU for strategic collaboration to establish high-speed regional air mobility in Southeast Asia. PhilJets to operate 10 Lilium Jets to address transportation challenges in the Philippines and other Southeast Asia countries. The partnership aims to redefine regional air mobility by developing an eVTOL operation network and identifying potential landing infrastructure partners.
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Lilium N.V. to Release Full Year and Fourth Quarter 2023 Shareholder Letter on February 27, 2024
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Lilium N.V. (NASDAQ:LILM) has designated the future Orlando International Airport (MCO) vertiport as a network hub for Lilium Jet operators in central Florida. This move is expected to drive increased passenger access and reduced costs for operators, leading to greater connectivity and economic activity from Advanced Air Mobility (AAM) in Florida. Lilium also announced its support for Florida House Bill 981, proposing the designation of the Greater Orlando Aviation Authority (GOAA) as the AAM test site for the State of Florida.
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AJW Group and Lilium N.V. have signed an agreement to develop global material services and distribution to support the Lilium Jet’s global aircraft operations and Lilium’s Aftermarket Services Business. The partnership solidifies AJW’s commitment to innovation and excellence in the next-gen aviation industry. The collaboration includes the management of Lilium’s eVTOL spares inventory, unparalleled warehouse and logistics services, repair and asset management, and AJW serving as the exclusive parts distributor for Lilium’s worldwide customers. Lilium expects material profit contribution in recurring revenue from its Aftermarket Service Business as the Lilium Jet enters into service and the global fleet size grows.
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Lilium N.V. (LILM) to Attend First Quarter 2024 Investor Events - Developer of All-Electric eVTOL Jet Announces Participation in UBS Energy Transition Call Series, Raymond James Annual Institutional Investors Conference, and J.P. Morgan Industrials Conference. Lilium may webcast 'fireside chat' at events. Visit IR site for more information.
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Fraport and Lilium N.V. (NASDAQ:LILM) have agreed to explore infrastructure studies for commercial eVTOL operations at airports, aiming to analyze future mobility concepts for vertiport networks suitable for electric aircraft. The partnership will start by preparing Germany and the industry for the introduction of regional electric air mobility through working with industry groups and the German government to jointly discuss and accelerate necessary regulatory work. Fraport is active at 30 international airports across four continents, and the collaboration will complement Lilium’s existing partnerships at airports across Germany. Lilium's CEO highlights the goal to jointly advance regulatory and practical steps for suitable framework conditions for electric aviation and potential customers in Germany and Europe.
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Lufthansa Group (LILM) and Lilium to Explore Strategic Partnership for eVTOL Aircraft Operation in Europe
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Lilium N.V. (NASDAQ: LILM) starts production of the first all-electric vertical take-off and landing (eVTOL) jet after the arrival of the complete fuselage at their facility in Wessling, Germany. The company is supported by world-class tier one suppliers, with the first seven aircraft to be used for the flight test campaign to achieve Type Certification of the Lilium Jet with EASA.
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Lilium N.V. (NASDAQ: LILM) has received Design Organization Approval from the European Union Aviation Safety Agency (EASA), positioning the company at the forefront of the industry as a qualified type-certificate holder for an eVTOL aircraft in Europe.
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Lilium (LILM) and CITIC Offshore Helicopter Co., Ltd (COHC) have signed an MoU to establish an eVTOL operation network in China, starting with the Greater Bay Area. The partnership aims to redefine regional air mobility by combining COHC's aviation services experience with Lilium's innovative eVTOL technology. The companies plan to offer regular eVTOL services in the Greater Bay Area, with additional services across the Guangdong-Hong Kong-Macao Greater Bay Area, Hainan Island, and Tianjin in the future.
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FAQ

What is the current stock price of Lilium N.V. (LILM)?

The current stock price of Lilium N.V. (LILM) is $0.052 as of February 7, 2025.

What is the market cap of Lilium N.V. (LILM)?

The market cap of Lilium N.V. (LILM) is approximately 32.9M.

What does Lilium N.V. specialize in?

Lilium specializes in developing all-electric vertical take-off and landing (eVTOL) jets for sustainable regional air mobility.

What is the Lilium Jet?

The Lilium Jet is an all-electric eVTOL aircraft designed for regional travel, offering zero emissions, low noise, and high performance.

What is Lilium's competitive advantage?

Lilium's proprietary ducted electric fan technology provides advantages in noise reduction, efficiency, and safety, differentiating it from competitors.

What markets does Lilium operate in?

Lilium operates in the advanced air mobility sector, with announced sales and interest in Europe, the U.S., China, Brazil, the UK, and the Middle East.

What challenges does Lilium face?

Lilium faces challenges such as regulatory approvals, high development costs, and competition from other eVTOL and aerospace companies.

How does Lilium contribute to sustainability?

Lilium's eVTOL jets operate with zero emissions, aligning with global efforts to decarbonize the aviation industry and promote sustainable transportation.

What is Lilium's business model?

Lilium's business model includes manufacturing eVTOL jets and collaborating with partners to develop infrastructure for regional air mobility.

Who are Lilium's competitors?

Lilium's competitors include Joby Aviation, Archer Aviation, and traditional aerospace companies entering the eVTOL market.
Lilium N.V.

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32.90M
395.86M
35.19%
4.37%
4.57%
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