Lilium N.V. Stock Price, News & Analysis

Lilium N.V. (LILM) is an electric aircraft manufacturer in the aircraft manufacturing industry, positioned within the broader manufacturing sector. According to the company’s own descriptions in multiple news releases, Lilium is focused on 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 (eVTOL) jet. The company highlights that the Lilium Jet is designed to offer leading capacity, low noise, and high performance with zero operating emissions, with the goal of accelerating the decarbonization of air travel.

Lilium states that it is a pioneer in Regional Air Mobility (RAM), aiming to connect regions with high-speed, short-range air routes. The Lilium Jet is described as a fully electric jet capable of vertical take-off and landing, optimized for regional travel. In company communications, Lilium emphasizes the combination of an aerodynamic design and ducted electric fans that prioritize efficiency and speed during forward flight, and it presents the aircraft as a new form of transport for regional connections.

The company reports that it works with aerospace, technology, and infrastructure partners and that it has announced sales and indications of interest for the Lilium Jet in multiple markets, including Europe, the United States, China, Brazil, the United Kingdom, the United Arab Emirates, and the Kingdom of Saudi Arabia. Lilium describes its workforce as a team of more than 1,000 people, including approximately 500 aerospace engineers, and notes that its leadership team has been responsible for delivering successful aircraft programs in aviation history. Lilium was founded in 2015 and states that its headquarters and manufacturing facilities are in Munich, Germany, with teams based across Europe and the U.S.

In addition to the recent company descriptions, earlier information characterizes Lilium as an aviation start-up founded in 2015 in Munich by a group of engineers and designers with the goal of developing and building an all-electric vertical take-off and landing jet. That description emphasized an envisioned aircraft range and speed, zero emissions, and a focus on safety and redundancy, as well as an ambition to address congestion and pollution in towns and cities by expanding the radius of everyday travel.

Business focus and development activities

Lilium’s public communications describe a development program centered on bringing the Lilium Jet from design and testing through to type certification and entry into service. The company reports milestones such as the completion of the first phase of integration testing of the Lilium Jet’s electrical power system at a purpose-built laboratory that replicates the aircraft’s powertrain from battery pack to engine. This lab environment is used to test flights, charging, and failure scenarios, and to generate data intended to support evidence to aviation authorities regarding safety and compliance with type-certification requirements.

Lilium has also reported progress on aircraft assembly. It has described multiple Lilium Jets on the final assembly line, including aircraft designated for ground testing and for first piloted flight. The company has stated that its aircraft in production are conforming aircraft built to the specifications of its design organization and in line with established aerospace procedures. It has also referenced prior testing with technology demonstrators, including full-scale test aircraft that have performed extensive flight testing, such as transition from vertical to horizontal flight and cruise operations.

Beyond aircraft development, Lilium has communicated plans for an aftermarket and operational support offering for operators of the Lilium Jet. In partnership announcements, Lilium has referenced a digital platform, described as a Fleet Optimizer, that aggregates Lilium Jet-related data and analytics. This platform is intended to share insights with partner systems to support flight data monitoring, safety analysis, and operational efficiency for fleets of Lilium Jets.

Regional Air Mobility and market positioning

In its own survey-based communications, Lilium has presented research indicating consumer interest in more sustainable air travel and openness to electric aviation and eVTOL aircraft. The company links these findings to its Regional Air Mobility concept, positioning the Lilium Jet as a means to provide regional connections that can address concerns about emissions, cost, comfort, and convenience. Lilium’s public materials describe regional journeys on the order of roughly 100 miles as a relevant use case for this type of aircraft.

Lilium also highlights announced sales and indications of interest for more than 780 Lilium Jets, described as a pipeline of firm orders, reservations, options, and memoranda of understanding with operators in regions such as the U.S., South America, Europe, Asia, and the Middle East. These references are presented by the company as evidence of demand for its aircraft concept in multiple markets.

Corporate structure, listing status, and restructuring

Lilium N.V. is described in company releases as a Netherlands-registered public limited liability company (naamloze vennootschap) that has been listed on the Nasdaq under the symbol LILM. In late 2024, Lilium reported that its principal German subsidiaries, Lilium GmbH and Lilium eAircraft GmbH, applied for self-administration proceedings under the German Insolvency Code, following the failure of a loan guarantee process and related funding plans. The company has explained that self-administration proceedings are intended as court-ordered restructuring proceedings aimed at preserving and continuing the business, with management remaining in charge under the supervision of a custodian and supported by restructuring experts.

Subsequently, Lilium disclosed that it received a written notice from the Nasdaq Listing Qualifications Department stating that, in connection with the insolvency filings of its principal German subsidiaries and related public interest concerns, trading of the company’s Class A ordinary shares and warrants would be suspended at the opening of business on November 6, 2024, and that a Form 25 Notification of Delisting would be filed with the U.S. Securities and Exchange Commission to delist the company’s securities from the Nasdaq Global Select Market. The company noted that its ordinary shares could commence trading over-the-counter following the suspension, with potential implications for trading volumes and share price.

In a subsequent news item from another company, it was stated that Lilium Aviation (NYSE: LILM) had undergone a privatization, with a former Lilium executive described as having served as interim CFO prior to that privatization. This indicates that Lilium’s corporate and listing status has changed, but detailed terms of privatization are not provided in the available materials. Overall, the company’s own releases emphasize an intention to re-emerge following restructuring, with a focus on securing fresh investment to support the Lilium Jet’s path to certification and entry into service, while acknowledging that insolvency proceedings do not guarantee success.

Partnerships and ecosystem engagement

Lilium’s communications reference collaborations with aerospace, technology, and infrastructure partners. For example, Lilium has announced a partnership with GE Aerospace to combine Lilium’s eVTOL jet-related analytics platform with GE’s Event Measurement System, a flight data and analytics platform used by airlines and business jet operators. The aim, as described by the companies, is to build scalable flight data management solutions and establish safety standards and guidelines for eVTOL operators, including an OEM-level Flight Data Monitoring or Flight Operations Quality Assurance program for Lilium Jet fleets.

Lilium has also described infrastructure-focused partnerships, such as agreements with fixed-base operators to support Lilium Jet operations at specific airport and heliport facilities in the Houston area. These arrangements are presented as steps toward ensuring accessibility and infrastructure readiness for future Lilium Jet operators in selected regions.

Company history and vision

Across its public statements, Lilium consistently describes its vision as enabling a new form of regional air transport that is both high-speed and electric, with zero operating emissions. The company links this vision to broader concerns about aviation’s contribution to pollution and climate change and positions electric aviation as a potential contributor to more sustainable air travel. From its origins as a start-up in Munich in 2015 to its current restructuring phase, Lilium’s communications present a narrative of technology development, certification preparation, and efforts to secure the funding and partnerships required to bring the Lilium Jet into commercial service.