Lilium has agreed to a deal with Luxaviation to help prepare ExecuJet Fixed Base Operations (FBOs) and newly developed locations for the Lilium Jet ExecuJet, part of the Luxaviation Group, is an industry leader in ground handling and ExecuJet's lounges will be a key part of the Lilium Jet's growing EMEA networks Lilium and Luxaviation, through subsidiary Sigma Air Mobility, have been engaged since 2022 and see alignment between operations and ground infrastructure as a key next step towards regional electri ...

LONDON and MUNICH, Germany, May 29, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), and eVolare, a subsidiary of Volare Aviation, one of the United Kingdom’s largest helicopter and private jet operators, announced the signing of binding sale and purchase agreements for the acquisition of 4 Lilium Jets. The purchase agreements include delivery schedules, guarantees, and warrant ...

The flying electric car company just cashed in on its big sales news -- again. Earlier this month, flying electric car company Lilium (LILM -18.41%) announced plans to sell up to $150 million in stock -- about 150 million shares -- to a private-equity company. This buyer would then turn around and resell up to half of these shares. Lilium then announced it had an order to sell up to 40 of its eVTOL (electric vertical take-off and landing) cars to a company called UrbanLink. Investors cheered the news that L ...

MUNICH, Germany, May 24, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced a $114 million financing, including the pricing of a $40 million underwritten public offering of 38,095,238 of the Company's Class A ordinary shares (the “Shares”) and warrants to purchase 38,095,238 Shares (the “Warrants” and, together with the Shares, the “Securi ...

MUNICH, Germany, May 24, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced a $114 million financing, including the pricing of a $40 million underwritten public offering of 38,095,238 of the Company's Class A ordinary shares (the “Shares”) and warrants to purchase 38,095,238 Shares (the “Warrants” and, together with the Shares, the “Securi ...

MUNICH, Germany, May 23, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced today that it has launched an underwritten public offering of the Company’s Class A ordinary shares (the “Shares”) and warrants to purchase Shares (the “Warrants” and, together with the Shares, the “Securities”), as well as a concurrent private placement offering o ...

MUNICH, Germany, May 23, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced today that it has launched an underwritten public offering of the Company’s Class A ordinary shares (the “Shares”) and warrants to purchase Shares (the “Warrants” and, together with the Shares, the “Securities”), as well as a concurrent private placement offering o ...

State-of-the-art test facility to be a cornerstone of the Lilium Jet certification program Located at Lilium's headquarters near Munich (Germany), the 26,000 square feet (2400m2) rig will be used to simulate flights, for system integration testing and to verify aircraft performance through multiple flight profiles Designed in collaboration with global engineering group SEGULA Technologies, the facility is expected to be operational in late Summer 2024 MUNICH, Germany, May 16, 2024 (GLOBE NEWSWIRE) -- Lilium ...

Diligence undertaking by KfW is a decisive step towards public support of Lilium CEO Klaus Roewe: "We are expecting a swift process." Lilium targets minimum € 100 million KfW loan secured by default guarantee from the federal government and Bavaria MUNICH, Germany, May 15, 2024 (GLOBE NEWSWIRE) -- The Federal Government of Germany and the Free State of Bavaria have commissioned the state development bank KfW in Frankfurt to conduct due diligence on Lilium (NASDAQ:LILM), developer of the first all-electric v ...

Lilium is keen to leverage France's unique aerospace heritage and vast supplier base in aerospace and electrification to expand its high-volume production capacity of the Lilium Jet Discussion of industrial footprint expansion into France, potential government subsidies and loan guarantees expected to be concluded in the coming weeks Lilium expansion could create up to 850 new direct jobs in France Lilium Jet production expected to boost French export volumes as vast majority of produced Jets would serve ot ...