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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.

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Lilium N.V. (NASDAQ: LILM) partners with DENSO, a Fortune 500 mobility technology and industrial leader, to optimize production of the Lilium Jet's electric engine. DENSO will provide technical assistance and equipment for scalable assembly, leveraging their expertise in powertrain electrification and high-volume manufacturing processes.
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Lilium N.V. (NASDAQ: LILM) and ArcosJet DMCC announce the purchase of 10 Lilium Jets by ArcosJet, signaling the availability of eVTOL travel in the Middle East. The purchase includes the exclusive authorized dealer appointment for private sales in the region. The Lilium Pioneer Edition Jet, offering a spacious 4-seat cabin, low-noise, high-speed regional transport, and zero operating emissions, is expected to be delivered starting in early 2026. The partnership aims to develop sustainable air transport and regional air mobility.
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Lilium N.V. (NASDAQ: LILM) extends partnership with InoBat and Gotion High-Tech to produce high-performance battery cells for the Lilium Jet, securing a reliable volume production of battery cells for years to come. InoBat will produce the battery cells at its Volta I and future Volta II factories in Voderady, Slovakia, with Gotion High-Tech supporting production ramp-up at the Volta II factory, which will have up to 4 GWh of production capacity.
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Lilium N.V. (NASDAQ: LILM) and Michelin announce a partnership for the design and production of custom tires for the Lilium all-electric vertical take-off and landing jet. Michelin's century-long aeronautical experience will deliver innovative tires meeting weight, safety, reliability, and performance requirements. The first tires are expected to be delivered this month.
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Lilium, the developer of the first all-electric vertical take-off and landing (eVTOL) jet, will be hosting a webinar and live Q&A session with Co-Founder Daniel Wiegand on November 10, 2023. The event aims to share new details about the company's innovative technology and answer questions from the audience.
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Lilium N.V. has signed an agreement appointing ArcosJet DMCC as the exclusive authorized dealer for private sales of the Lilium Jet in the UAE, Israel, and Cyprus. The agreement includes a commitment fee payment to Lilium and grants ArcosJet exclusivity on private sales. ArcosJet becomes Lilium's first reseller in the Middle East and its fifth dealer globally.
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Lilium N.V. opens private sales of its eVTOL jets in the U.S. market in partnership with EMCJET
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Lilium N.V. completes the first high-voltage electrical harnesses for the Lilium Jet, an important achievement in the development of the all-electric vertical take-off and landing jet.
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Lilium N.V. starts assembly of the Lilium Jet's electric propulsion system at its facility in Germany, a key step towards industrialization and commercial entry into service. The unique propulsion system and aerodynamic design are expected to set the benchmark for the eVTOL industry, offering superior performance, unit economics, and comfort. Successful testing of propulsion subsystems has been completed.
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Lilium N.V. begins fuselage assembly for the Lilium Jet, a significant development milestone towards the first manned flight in late 2024.
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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.

Nasdaq:LILM

LILM Rankings

LILM Stock Data

32.90M
395.86M
35.19%
4.37%
4.57%
Aerospace & Defense
Industrials
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Germany
Gauting