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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lilium N.V.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lilium N.V.'s position in the market.

Rhea-AI Summary

Lilium N.V. (NASDAQ:LILM) announces a firm order of 20 Lilium Jets from U.S. operator UrbanLink, with an option for 20 more, marking a milestone in aviation. UrbanLink becomes the first U.S. airline committed to integrating eVTOL aircraft into its fleet, starting operations in South Florida. The partnership signifies the acceleration of AAM in the region, targeting service launch in 2026.

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End-of-Day
8.65%
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Rhea-AI Summary

Lilium N.V. (NASDAQ: LILM) announced the first public unveiling of the full-scale Lilium Jet model at EBACE2024 in Geneva, showcasing the all-electric vertical take-off and landing jet designed for sustainable regional aviation. The event will feature the Lilium Jet charging infrastructure and a flight simulator experience for visitors, highlighting the company's innovative approach to air mobility.

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0.47%
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Rhea-AI Summary
Lilium N.V. (NASDAQ: LILM) has initiated the production of advanced aviation-grade battery packs for its all-electric vertical take-off and landing jet. The battery packs, featuring silicon-dominant anodes, are designed to meet aviation safety standards, deliver high energy, power, and fast-charging capabilities, and ensure redundancy for regional air mobility. The production marks a significant milestone in Lilium's journey towards the first piloted flight of the Lilium Jet by the end of 2024.
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-4.71%
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Lilium N.V. receives standby flight instruments from Garmin for their eVTOL jet, enhancing safety features and paving the way for dual type-certification by FAA and EASA.
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-1.58%
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Lilium N.V. appoints Johan Malmqvist as CFO, bringing 25 years of experience from Polestar and Dole Food Company. Johan to lead finance and scale Lilium's growth for 2026 service launch.
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1.26%
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Lilium N.V. and Atlantic Aviation have signed an MOU to electrify existing airport infrastructure for Lilium Jet's regional air mobility service launch in the U.S. The partnership aims to ensure compatibility between Lilium Jet and Atlantic's network of aviation assets, focusing on infrastructure deployment, passenger experience, and strategic planning.
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4.21%
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Lilium N.V. supports NYC's efforts to accommodate eVTOL operations by selecting an agnostic heliport operator at the Downtown Manhattan Heliport. The decision is expected to drive economic benefits across the greater NYC metropolitan area. Lilium commends NYCEDC for its multifaceted approach, emphasizing the importance of having an agnostic operator for public assets. The company's go-to-market strategy focuses on diverse revenue streams and open access to aviation facilities. New York's regional air mobility potential is highlighted, with Lilium aiming to connect the entire Northeast Corridor with sustainable transportation options.
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0.38%
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Lilium N.V. (Nasdaq: LILM) has achieved significant milestones in 2023, including securing Design Organizational Approval from EASA, starting assembly of the full-scale Lilium Jet, and forming strategic partnerships with Lufthansa and Inobat. The company established an Aftermarket Service Business, Lilium POWER-ON, aiming to generate $5 billion in revenue by 2035. Lilium also successfully raised $292 million in capital and received pre-delivery payments for the Lilium Jet. CEO Klaus Roewe anticipates the first manned flight by the end of 2024.
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2.84%
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Lilium N.V. (NASDAQ: LILM) starts installing a production line in Germany for the Lilium Jet's propulsion units, with the first prototypes expected in Q2 2024. The partnership with Schnaithmann Maschinenbau GmbH aims to boost industrialization and efficiency, positioning Lilium as a leader in electric jet technology.
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3.5%
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Lilium partners with Star Charge to develop high-performance chargers for its eVTOL jets, orders 120 chargers for testing aircraft and vertiports. The chargers reduce charging time significantly with liquid cooled cables, compatible with CCS standard. This partnership aims to enhance Lilium's ground infrastructure development and support regional air mobility.
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-0.63%
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Lilium N.V.

Nasdaq:LILM

LILM Rankings

LILM Stock Data

550.01M
274.33M
49.61%
4%
3.31%
Aircraft Manufacturing
Manufacturing
Link
United States of America
Weßling

About LILM

lilium is a disruptive aviation start-up based in munich. co-founded in 2015 by daniel wiegand, sebastian born, patrick nathen and matthias meiner, the team brings together international world-class engineers and designers. the group shares the vision of a completely new type of individual transportation and is dedicated to develop and build the world’s first fully electric vertical take-off and landing (vtol) jet. an estimated range of up to 300 km and a top speed of 300 km/h, along with zero emissions make it the most efficient and eco-friendly individual means of transportation of our time. by providing ultra-redundancy, the lilium jet will also set new standards in safety. lilium aims at liberating towns and cities from today’s congestion and pollution, with people able to come and go freely, vastly expanding the radius of their everyday lives.