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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 Announces FY and Q4 2023 Shareholder Letter and Webcast on February 27, 2024
Rhea-AI Summary
Lilium N.V. to Release Full Year and Fourth Quarter 2023 Shareholder Letter on February 27, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.38%
Tags
earnings
-
News
Lilium Designates Future Orlando Vertiport as Key Network Hub, Supports its Designation as Advanced Mobility Site
Rhea-AI Summary
Lilium N.V. (NASDAQ:LILM) has designated the future Orlando International Airport (MCO) vertiport as a network hub for Lilium Jet operators in central Florida. This move is expected to drive increased passenger access and reduced costs for operators, leading to greater connectivity and economic activity from Advanced Air Mobility (AAM) in Florida. Lilium also announced its support for Florida House Bill 981, proposing the designation of the Greater Orlando Aviation Authority (GOAA) as the AAM test site for the State of Florida.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.01%
Tags
none
-
News
Lilium and AJW Group Form Strategic Collaboration on Material Management as part of Lilium’s Aftermarket Services
Rhea-AI Summary
AJW Group and Lilium N.V. have signed an agreement to develop global material services and distribution to support the Lilium Jet’s global aircraft operations and Lilium’s Aftermarket Services Business. The partnership solidifies AJW’s commitment to innovation and excellence in the next-gen aviation industry. The collaboration includes the management of Lilium’s eVTOL spares inventory, unparalleled warehouse and logistics services, repair and asset management, and AJW serving as the exclusive parts distributor for Lilium’s worldwide customers. Lilium expects material profit contribution in recurring revenue from its Aftermarket Service Business as the Lilium Jet enters into service and the global fleet size grows.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.92%
Tags
none
News
Lilium Announces Planned Participation in Upcoming First Quarter 2024 Investor Events
Rhea-AI Summary
Lilium N.V. (LILM) to Attend First Quarter 2024 Investor Events - Developer of All-Electric eVTOL Jet Announces Participation in UBS Energy Transition Call Series, Raymond James Annual Institutional Investors Conference, and J.P. Morgan Industrials Conference. Lilium may webcast 'fireside chat' at events. Visit IR site for more information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.52%
Tags
earnings
-
News
Global airport operator Fraport and Lilium to collaborate on development of commercial eVTOL network
Rhea-AI Summary
Fraport and Lilium N.V. (NASDAQ:LILM) have agreed to explore infrastructure studies for commercial eVTOL operations at airports, aiming to analyze future mobility concepts for vertiport networks suitable for electric aircraft. The partnership will start by preparing Germany and the industry for the introduction of regional electric air mobility through working with industry groups and the German government to jointly discuss and accelerate necessary regulatory work. Fraport is active at 30 international airports across four continents, and the collaboration will complement Lilium’s existing partnerships at airports across Germany. Lilium's CEO highlights the goal to jointly advance regulatory and practical steps for suitable framework conditions for electric aviation and potential customers in Germany and Europe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.1%
Tags
none
-
News
Lufthansa Group and Lilium sign Memorandum of Understanding for strategic partnership
Rhea-AI Summary
Lufthansa Group (LILM) and Lilium to Explore Strategic Partnership for eVTOL Aircraft Operation in Europe
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.92%
Tags
partnership
News
Lilium Starts Production of the Lilium Jet in Watershed Moment for Sustainable Aviation
Rhea-AI Summary
Lilium N.V. (NASDAQ: LILM) starts production of the first all-electric vertical take-off and landing (eVTOL) jet after the arrival of the complete fuselage at their facility in Wessling, Germany. The company is supported by world-class tier one suppliers, with the first seven aircraft to be used for the flight test campaign to achieve Type Certification of the Lilium Jet with EASA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.9%
Tags
none
-
News
Lilium Receives EASA Design Organization Approval
Rhea-AI Summary
Lilium N.V. (NASDAQ: LILM) has received Design Organization Approval from the European Union Aviation Safety Agency (EASA), positioning the company at the forefront of the industry as a qualified type-certificate holder for an eVTOL aircraft in Europe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
none
-
News
CITIC Offshore Helicopter and Lilium partner to launch eVTOL Network in China's Greater Bay Area
Rhea-AI Summary
Lilium (LILM) and CITIC Offshore Helicopter Co., Ltd (COHC) have signed an MoU to establish an eVTOL operation network in China, starting with the Greater Bay Area. The partnership aims to redefine regional air mobility by combining COHC's aviation services experience with Lilium's innovative eVTOL technology. The companies plan to offer regular eVTOL services in the Greater Bay Area, with additional services across the Guangdong-Hong Kong-Macao Greater Bay Area, Hainan Island, and Tianjin in the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.52%
Tags
partnership
News
Lilium Partners With Industrial Leader DENSO to Prepare Production Ramp-Up of the Lilium Jet’s Innovative Electric Engine
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.46%
Tags
partnership
Stock LILM logo
Lilium N.V

Nasdaq:LILM

LILM Rankings

#3006 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.