Saudi Arabia’s General Authority of Civil Aviation and Lilium sign MoU to collaborate on development and implementation of eVTOL regulation in the Kingdom
Saudi Arabia's General Authority of Civil Aviation (GACA) and Lilium N.V. (NASDAQ: LILM) have signed a memorandum of understanding (MoU) to develop and implement eVTOL regulations in Saudi Arabia, targeting operations by 2026. The partnership includes:
1. Establishing a joint Working Group to prepare regulations
2. Creating sub-groups for infrastructure, air operations, airworthiness, and airspace integration
3. Collaborating on Saudi Arabia's Advanced Air Mobility (AAM) Roadmap
Lilium, with its extensive regulatory experience, will support GACA in this initiative. The agreement aligns with Saudi Arabia's Vision 2030 and aims to advance innovative and sustainable air mobility solutions in the Kingdom.
L'Autorità Generale dell'Aviazione Civile dell'Arabia Saudita (GACA) e Lilium N.V. (NASDAQ: LILM) hanno firmato un memorandum d'intesa (MoU) per sviluppare e implementare regolamenti eVTOL in Arabia Saudita, mirando a operazioni entro il 2026. La partnership include:
1. Costituzione di un Gruppo di Lavoro congiunto per preparare i regolamenti
2. Creazione di sottogruppi per l'infrastruttura, le operazioni aeree, la validità aerea e l'integrazione dello spazio aereo
3. Collaborazione sul Piano di Mobilità Aerea Avanzata (AAM) dell'Arabia Saudita
Lilium, con la sua vasta esperienza normativa, supporterà GACA in questa iniziativa. L'accordo si allinea con la Visione 2030 dell'Arabia Saudita e mira a promuovere soluzioni innovative e sostenibili di mobilità aerea nel Regno.
La Autoridad General de Aviación Civil de Arabia Saudita (GACA) y Lilium N.V. (NASDAQ: LILM) han firmado un memorando de entendimiento (MoU) para desarrollar e implementar regulaciones eVTOL en Arabia Saudita, con el objetivo de iniciar operaciones para 2026. La asociación incluye:
1. Establecimiento de un Grupo de Trabajo conjunto para preparar regulaciones
2. Creación de subgrupos para infraestructura, operaciones aéreas, aeronavegabilidad e integración del espacio aéreo
3. Colaboración en la Hoja de Ruta de Movilidad Aérea Avanzada (AAM) de Arabia Saudita
Lilium, con su amplia experiencia regulatoria, apoyará a GACA en esta iniciativa. El acuerdo está alineado con la Visión 2030 de Arabia Saudita y tiene como objetivo avanzar en soluciones innovadoras y sostenibles de movilidad aérea en el Reino.
사우디아라비아의 민간항공총국(GACA)와 Lilium N.V. (NASDAQ: LILM)가 2026년까지 운영을 목표로 사우디아라비아에서 eVTOL 규정을 개발하고 구현하기 위한 양해각서를 체결했습니다. 이 파트너십에는 다음과 같은 내용이 포함되어 있습니다:
1. 규정 준비를 위한 공동 작업 그룹 구성
2. 인프라, 항공 운영, 항공 안전성 및 공역 통합을 위한 하위 그룹 생성
3. 사우디아라비아의 고급 항공 이동성(AAM) 로드맵에 대한 협력
Lilium은 이니셔티브에서 GACA를 지원하기 위해 광범위한 규제 경험을 활용합니다. 이 계약은 사우디아라비아의 비전 2030과 일치하며, 왕국 내 혁신적이고 지속 가능한 항공 이동 솔루션을 발전시키는 것을 목표로 하고 있습니다.
L'Autorité Générale de l'Aviation Civile d'Arabie Saoudite (GACA) et Lilium N.V. (NASDAQ: LILM) ont signé un protocole d'accord (MoU) pour développer et mettre en œuvre des régulations eVTOL en Arabie Saoudite, avec pour objectif des opérations d'ici 2026. Le partenariat inclut :
1. Établissement d'un groupe de travail conjoint pour préparer les règlements
2. Création de sous-groupes pour l'infrastructure, les opérations aériennes, l'aptitude aérienne et l'intégration de l'espace aérien
3. Collaboration sur la feuille de route de la Mobilité Aérienne Avancée (AAM) d'Arabie Saoudite
Lilium, avec son expérience réglementaire approfondie, soutiendra GACA dans cette initiative. L'accord s'inscrit dans le cadre de la Vision 2030 de l'Arabie Saoudite et vise à promouvoir des solutions de mobilité aérienne innovantes et durables dans le Royaume.
Die Allgemeine Behörde für Zivilluftfahrt Saudi-Arabiens (GACA) und Lilium N.V. (NASDAQ: LILM) haben ein Memorandum of Understanding (MoU) unterzeichnet, um eVTOL-Vorschriften in Saudi-Arabien zu entwickeln und umzusetzen, mit dem Ziel, bis 2026 Operationen zu ermöglichen. Die Partnerschaft umfasst:
1. Einrichtung einer gemeinsamen Arbeitsgruppe zur Vorbereitung der Vorschriften
2. Bildung von Untergruppen für Infrastruktur, Luftbetriebe, Lufttüchtigkeit und Luftraumintegration
3. Zusammenarbeit an Saudi-Arabiens Roadmap für die fortschrittliche Luftmobilität (AAM)
Lilium wird GACA bei dieser Initiative mit seiner umfangreichen regulatorischen Erfahrung unterstützen. Die Vereinbarung steht im Einklang mit Saudi-Arabiens Vision 2030 und zielt darauf ab, innovative und nachhaltige Lösungen für die Luftmobilität im Königreich voranzutreiben.
- Partnership with Saudi Arabia's aviation regulator (GACA) to develop eVTOL regulations
- Potential for eVTOL operations in Saudi Arabia by 2026
- Lilium's expertise in aviation regulation recognized by GACA
- Alignment with Saudi Arabia's Vision 2030 for innovative air mobility solutions
- None.
- GACA, Saudi Arabia’s civil aviation regulator, and Lilium agree on a joint regulatory approach for eVTOL regulation
- This includes the implementation of a joint Working Group covering all relevant regulatory topics and an Innovative Air Mobility (IAM) regulatory action plan for Saudi Arabia
- The goal is to jointly develop and implement the required eVTOL regulation for a potential operational Entry Into Service in 2026
FARNBOROUGH, United Kingdom, July 22, 2024 (GLOBE NEWSWIRE) -- The Saudi Arabian General Authority of Civil Aviation (GACA) and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today signed a memorandum of understanding (MoU) at the Farnborough International Airshow to develop and implement the required regulations for eVTOL operations in the Kingdom of Saudi Arabia beginning in 2026.
The partnership will start by setting up a joint Working Group preparing the regulations in Saudi Arabia for the introduction of regional electric air mobility. Dedicated sub-working groups for infrastructure, air operations, airworthiness, and airspace integration, led by GACA and strongly supported by Lilium, are to jointly discuss, accelerate, develop, and implement the necessary regulatory and procedural framework.
Saudi Arabia has recognized the enormous growth potential of eVTOL and intends to take a decisive step towards the introduction of the new modes of transport into existing traffic and airspace structures by 2026 with the published Advanced Air Mobility (AAM) Roadmap. Lilium has already been in close contact with GACA in recent years and has supported the development of the regulatory framework and procedures needed to safely operate eVTOL in Saudia Arabia.
Lilium has a wide knowledge of the regulatory development, processes, and relevant legislation based on the participation in different ICAO Working Groups (such as ICAO AAM SG and ICAO VFIWG), EASA Working Groups (such as RMT.230 including the active and driving participation and contribution to EASA PTS-VPT-DSN and EASA Part-IAM), EUROCAE Working Groups, discussions with the FAA and ANAC, and different similar national approaches in Europe. Given this background, Lilium will support and collaborate with GACA in the joint dedicated Working Group for Saudi Arabia.
The Working Group will be the expert group that identifies, addresses, and defines the action items which will be worked on for the implementation of IAM in Saudi Arabia in terms of regulation, legislation and procedures.
His Excellency Abdulaziz Al-Duailej, President of GACA, said: “This agreement reflects GACA’s commitment to advancing innovative and sustainable air mobility solutions for Saudi Arabia, in support of Vision 2030. By working with global advanced air mobility companies, we aim to establish a robust regulatory framework that ensures the safe and efficient operation of eVTOL aircraft.”
Lilium CEO Klaus Roewe highlights: “We are very thankful that GACA has chosen Lilium to develop and implement the regulatory framework for eVTOL in Saudi Arabia. It acknowledges Lilium’s knowhow in aviation regulation. Our goal is to jointly advance regulatory and practical steps for suitable framework conditions for electric aviation and our customers in Saudi Arabia. Today’s MoU delivers on one of the main ingredients required to successfully launch eVTOL operations - a definitive path to all relevant regulatory cornerstones.”
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; (iii) the Lilium Group’s progress towards type certification (and type certificate validation) of its Lilium Jet with EASA and GACA; and (iv) the Lilium Group’s collaboration with GACA 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
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