Lilium BV

Lilium NV develops all-electric vertical take-off and landing jets. The firm focuses on developing an eVTOL aircraft for use in a new type of high-speed air transport system for people and goods. It uses the Lilium Jet, to offer low noise and high performance with zero operating emissions, and to accelerate the decarbonization of air travel. The company was founded on March 11, 2021 and is headquartered in Wessling, Germany.

FARNBOROUGH, United Kingdom, July 24, 2024 (GLOBE NEWSWIRE) -- Groupe ADP and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced a partnership to collaborate on infrastructures for the Lilium Jet in Europe, the Middle East, and Asia. Groupe ADP, which operates and develops 23 airports around the globe with its two major partners TAV Airports and GMR Airports, will work with Lilium to make its vertiports accessible to Lilium's customers.

Lilium partners with leading global airport operator Groupe ADP to expand infrastructure network for the Lilium Jet

Germany-based Lilium plans to begin studying possible air-taxi assembly sites in the U.S. later this year with a goal of having a plant up and running by early 2029 to get a foothold in the one of the world's largest markets, its CEO said.

Lilium to begin studying US air-taxi assembly sites this year

New partnership brings together aircraft manufacturer, infrastructure specialist, and airport operator to develop eVTOL network in Lombardy New partnership brings together aircraft manufacturer, infrastructure specialist, and airport operator to develop eVTOL network in Lombardy

Lilium, SEA Milan Airports and Skyports to Launch Regional Air Mobility Network in Northern Italy

FARNBOROUGH, United Kingdom, July 21, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced the next phase of its “POWER-ON” Aftermarket Services portfolio, providing a suite of digital solutions to ensure efficient and seamless operation of the Lilium Jet.

Lilium expands POWER-ON, creating Comprehensive Solutions Portfolio with Leading Digital Innovators

Archer Aviation

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I feel that now could be a great time for investors to consider the future of transportation. This is because flying car stocks are making steady progress to commercially produce electric vertical take-off and landing crafts (eVTOLs), and this market is rising quickly.

3 Flying Car Stocks That Could Grow Your Wealth

Eve Holding Inc

Vertical Aerospace Ltd

It is a rare opportunity to invest in flying car stocks, a technology that is likely to become as commonplace as cars. Electric vertical takeoff and landing (eVTOL) vehicles are now at the forefront of future air mobility.

3 Flying Car Stocks That Could Be Multibaggers in the Making: July Edition

MUNICH, Germany--(BUSINESS WIRE)--Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today signed a binding sales agreement for 50 Lilium Jets, with options for the purchase of 50 more. The signature ceremony was held at Lilium's HQ in Munich. The contract was signed by Fahd Al-Jarbou, CEO of Saudia Private, representing Saudia Group, and Lilium's CEO Klaus Roewe, in the presence of several distinguished guests inclu.

Saudia Group Signs Largest Global Agreement With Lilium to Acquire Up to 100 eVTOL Jets

Lilium (NASDAQ: LILM ) stock is on the rise Thursday as the electric vertical takeoff and landing (eVTOL) company secured an order for up to 100 of its aircraft. This order comes from Saudia Group and includes 50 Lilium eVTOLs.

LILM Stock Pops as Lilium Bags eVTOL Jet Order

MUNICH, Germany, July 18, 2024 (GLOBE NEWSWIRE) -- Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today signed a binding sales agreement for 50 Lilium Jets, with options for the purchase of 50 more. The signature ceremony was held at Lilium's HQ in Gauting near Munich. The contract was signed by Fahd Al-Jarbou, CEO of Saudia Private, representing Saudia Group, and Lilium's CEO Klaus Roewe, in the presence of several distinguished guests including; Michael Kindsgrab, the German Ambassador to the Kingdom of Saudi Arabia; H.E. Engr. Ibrahim Al-Omar, Director General of Saudia Group; and Lilium Chairman Tom Enders.

Saudia Group Signs Industry-Leading Sales Agreement With Lilium to Acquire Up to 100 eVTOL Jets

Saudia Group signed a deal with Lilium on Thursday to purchase 100 all-electric flying shuttles, the Germany-based air taxi developer said, one of the company's biggest orders yet as it works to develop the aircraft.

Saudia signs deal to buy 100 flying shuttles from Germany's Lilium

MUNICH, July 17, 2024 (GLOBE NEWSWIRE) -- Lilium (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today confirmed its delivery schedule allowing first customer deliveries in 2026 and provided additional program details. This confirmation is based on a recent program review that considered the testing and validation requirements needed prior to first manned flight, which is now scheduled for early 2025, and the readiness of its support organization and training devices for its customers.

Lilium Reaffirms 2026 Target for First Customer Deliveries and Provides Additional Detail on Testing Program

Lilium is reportedly closing in on a major order from Middle Eastern airline Saudia. The company remains a speculative investment, but it is making progress.

Why Lilium Stock Is Soaring Higher Today

Germany-based air taxi developer Lilium has won a major order from state-owned Saudi Arabian airline Saudia, a source familiar with the deal told Reuters on Wednesday.

Air taxi firm Lilium wins big order from Saudia, says source

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Amazon (NASDAQ: AMZN ) has more skin in the AI game than many people would like to think. Of course, the first thing that would spring to mind is the company's AWS cloud division.

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Hyundai Motor Company

It is difficult to find a more challenging market than the flying cars market. Not only do rigorous technical challenges have to be solved for electrical vertical take-off and landing (eVTOL) vehicles to be viable, but the regulatory framework has to be in sync to facilitate growth, making it essential to identify the right flying car stocks to buy.

You've Been Warned! 3 Flying Cars Stocks to Buy Now or Regret Forever.

MUNICH, June 26, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has successfully completed the first series of tests of its electric jet propulsion unit. For the first time, the electric engines were taken up to maximum thrust on the propulsion unit test bench, representing a landmark achievement on the journey to zero operating emissions flight and an important step towards verifying safety of flight of the Lilium Jet. The tests performed have demonstrated the expected level of performance and reliability, bolstering Lilium's confidence in the maturity of its electric jet propulsion system.

Lilium Completes Successful Tests of its Revolutionary Electric Jet Propulsion Unit

Lilium (NASDAQ: LILM) stock price has plummeted hard this week as demand for the electric vertical take-off and landing (eVTOL) shares waned. It collapsed to a low of $0.8250, its lowest swing since April 16th.

Lilium stock analysis: good progress but it could crash 27%

EHang Holdings Ltd - ADR

Although not as common now, flying cars could well be integrated into our future lives. It has the potential to completely change the way we travel and think about transportation.

The 3 Best Flying Car Stocks to Buy in June 2024

Lilium N.V. (NASDAQ:LILM ) Q1 2024 Earnings Conference Call June 11, 2024 8:00 AM ET Company Participants Rama Bondada - Global Head of Investor Relations Klaus Roewe - Chief Executive Officer Johan Malmqvist - Chief Financial Officer Sebastien Borel - Co-Founder and Chief Engineer for Innovation Daniel Wiegand - Co-Founder and Chief Executive Officer Conference Call Participants Savanthi Syth - Raymond James Mike Crawford - B.

Lilium N.V. (LILM) Q1 2024 Earnings Call Transcript

MUNICH, Germany, June 11, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has released its Q1 2024 Shareholder Letter. The Shareholder Letter discusses Lilium's progress towards important milestones in the development of its revolutionary Lilium Jet and can be accessed on the Lilium investor relations website .

Lilium reports significant progress in Q1 2024 Shareholder Letter

MUNICH, Germany, June 10, 2024 (GLOBE NEWSWIRE) -- Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), has signed a collaboration agreement with the Shenzhen-based Bao'an District. Under the agreement, Lilium has established its [APAC] regional headquarters in the district by way of its recently created Chinese entity (力翎航空), meaning “Powerful Wing”.

Lilium launches China Legal Entity as part of collaboration with the Bao'an District of Shenzhen

If you love science fiction, then you'll love flying cars. Flying cars are the new upcoming trend in transportation.

3 Promising Flying Car Stocks for Forward-Thinking Investors

MUNICH, Germany, May 29, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium”), 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 successfully concluded its previously announced capital raise, resulting in $114 million of new gross proceeds. The net proceeds from this capital raise provide additional capital needed to support Lilium's operations to achieve the first manned flight test of the Lilium Jet, targeted to occur in late 2024.

Lilium Announces Successful Arrangement of $114 Million Capital Raise With Participation From Strategic and Existing Investors

The world is getting closer to flying cars, creating a massive opportunity for some of the top flying car stocks to buy. XPeng (NYSE: XPEV ), for example, is on course to deliver its flying car to customers by 2026.

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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 warranties along with deposits and pre-delivery payments. The parties have also agreed on terms for the reservation of up to an additional 12 Lilium Jet production slots for eVolare and its customers. Based in Oxford, UK, eVolare plans to operate Lilium Jets in the London area, connecting London with outer cities and the coastal areas of England.

News for Lilium BV Stock (LILM)