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Lilium N.V - LILM STOCK NEWS

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

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.

News
Lilium Starts Production of High-Performance Battery Packs for the Lilium Jet
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.71%
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none
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News
Lilium Begins Integration of Garmin Standby Flight Instruments for the Lilium Jet
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.58%
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none
-
News
Lilium Names Johan Malmqvist as Chief Financial Officer
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
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none
News
Lilium and Atlantic Aviation Unite to Electrify Regional Air Mobility Across the U.S.
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.21%
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none
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News
Lilium Supports NYC EDC’s Decision to Seek Agnostic Operator for Downtown Manhattan Heliport & AAM’s Inclusion; Heliport will Serve as Key Site in Northeast Corridor Regional Network for Lilium Jet
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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none
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News
Lilium releases Full Year and Fourth Quarter 2023 Shareholder Letter
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.84%
Tags
earnings
News
Lilium Gears Up for Production of the Lilium Jet’s Revolutionary Electric Propulsion Units
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.5%
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none
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News
Lilium partners with Star Charge to develop best-in-class charging system for eVTOL operations
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
partnership
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News
Lilium launches its services organization and offering: Lilium POWER-ON
Rhea-AI Summary
Lilium N.V. announces the launch of Lilium POWER-ON, the first eVTOL customer service organization, headed by Dominique Decard. The organization will offer a wide range of services including training, maintenance, material management, flight operations, and digital solutions. Lilium estimates the services market for the Lilium Jet to reach $5 billion by 2035.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
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none
News
Lilium partners with PhilJets to bring eVTOLs to Asia, starting with the Philippines
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
Tags
partnership
Stock LILM logo
Lilium N.V

Nasdaq:LILM

LILM Rankings

#2990 Ranked by Market Cap
#5076 Ranked by Stock Gains
N/A Ranked by Dividends

LILM Stock Data

469.99M
274.33M
49.61%
4%
3.31%
Aircraft Manufacturing
Manufacturing
Link
Germany
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.