$LILM News

Last published 1y ago

1y agoLILM SAROStandardAero Appoints Rama Bondada to Vice President, Investor RelationsBusiness WireStandardAero (NYSE:SARO), a leading pure-play provider of aerospace aftermarket services for fixed- and rotary-wing aircraft, has appointed Rama Bondada to serve as Vice President, Investor Relations, effective March
1y agoFOUR LILM RELY XOOMSpruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Remitly Global, Inc. (Nasdaq: RELY)Business WireNOTE TO EDITORS: The Following Is an Investment Opinion Issued by Spruce Point Capital Management Highlights Short-Term Risks Tied to the Uncertain Nature of U.S. Immigration Policies and Longer-Term Structural
1y agoLILMDEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Lilium N.V.PR NewswireFaruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lilium N.V. ("Lilium" or the "Company")...
1y agoLILMINVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Lilium N.V.PR NewswireFaruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lilium N.V. ("Lilium" or the "Company")...
2y agoLILMLilium Launches M&A Process with KPMG, Targets Program Continuation Towards First Flight and CertificationGlobeNewswireKPMG mandated for a structured M&A process – first investor briefings to start soonLocal court approved insolvency filings of Lilium's German subsidiaries and appoints custodian and Chief Insolvency Officers
2y agoLILMLilium N.V. Receives Notice of Delisting from NasdaqGlobeNewswireMUNICH, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM) (the "Company" or "Lilium"), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), on Tuesday, October 29, 2024,
2y agoLILMLilium Board approves application for self-administration of German subsidiariesGlobeNewswireFollows German parliament´s Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraiseCompany was also unable to reach an agreement in principle with Bavarian government to
2y agoLILMAir taxi firm Lilium plunges 62% after saying main subsidiaries will file for insolvencyCNBCShares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.
2y agoGE LILMLilium, GE Aerospace partner to deliver eVTOL flight safetyGlobeNewswireTwo companies combining their flight data and analytics platforms to inform eVTOL flight safety standardsLilium to deploy GE technology to all Lilium Jet operators, starting with Lilium's own flight test campaignGE
2y ago5KD-FF LILM LHAB-FFLilium was once a promising 'air taxi' startup worth billions. Now it's on the brink of insolvencyCNBCGerman aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria.
2y agoLILMLilium Powers On First Lilium Jet in Significant Milestone Towards First FlightGlobeNewswireSystems power-on paves the way for start of Lilium Jet ground testing campaignThe first Lilium Jet – MSN 1 – will be used to confirm safety for first piloted flight planned for early 2025MSN 2, the first aircraft that
2y agoLILMLilium Debuts Jet in U.S. at Houston Hobby Airport and Signs Infrastructure Partnership with Galaxy FBOGlobeNewswireHouston-based aircraft brokerage EMCJET will showcase the Lilium Jet for the very first time in the U.S. at Galaxy FBOGalaxy FBO is partnering with Lilium to ensure accessibility for the Lilium Jet at their Houston-area
2y agoLILMLilium Welcomes Aerospace Industry Veteran Philippe Balducchi to Board of DirectorsGlobeNewswirePhilippe Balducchi is CFO of KNDS, one of Europe's largest defense companiesPreviously: CEO of Airbus Canada, Head of Bombardier C-Series/A220 integration, CFO of Airbus North AmericaAppointment due at EGM on September
2y agoLILMLilium Starts Integration Testing of Lilium Jet Electrical Power SystemGlobeNewswireKey milestone towards verification of safety of flight and type-certification of the Lilium JetNew lab precisely replicates the Lilium Jet's electric powertrain from battery pack to engine MUNICH, Aug. 21, 2024 (GLOBE
2y agoLILMNew landmark international study: 2-in-3 People Agree: Now Is The Time for Air Travel to Become SustainableGlobeNewswireNew research undertaken amongst 4,000 adults across the US, UK, France, and Germany reveals overwhelming concern over air travel's impact on pollution and climate changeConsumers say future of transport must be lower
2y agoLILMLilium partners with leading global airport operator Groupe ADP to expand infrastructure network for the Lilium JetGlobeNewswireGroupe ADP manages an extensive portfolio of 23 airports in some of Lilium's key markets including France (all three Paris airports), the Kingdom of Saudi Arabia (Jeddah and Riyadh) and Turkey.Groupe ADP's vertiports in
2y agoLILMLilium, SEA Milan Airports and Skyports to Launch Regional Air Mobility Network in Northern ItalyGlobeNewswireFARNBOROUGH, United Kingdom, July 23, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), SEA (SEA), the operator of Milan's
2y agoLILMSaudi Arabia's General Authority of Civil Aviation and Lilium sign MoU to collaborate on development and implementation of eVTOL regulation in the KingdomGlobeNewswireGACA, Saudi Arabia's civil aviation regulator, and Lilium agree on a joint regulatory approach for eVTOL regulationThis includes the implementation of a joint Working Group covering all relevant regulatory topics and an
2y agoLILMLilium expands POWER-ON, creating Comprehensive Solutions Portfolio with Leading Digital InnovatorsGlobeNewswireFARNBOROUGH, 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
2y agoLILMSaudia Group Signs Largest Global Agreement With Lilium to Acquire Up to 100 eVTOL JetsBusiness WireOffering Unprecedented Air Travel for the Kingdom's Visitors and Pilgrims Saudia Group and Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today signed a
2y agoLILMSaudia Group Signs Industry-Leading Sales Agreement With Lilium to Acquire Up to 100 eVTOL JetsGlobeNewswireThe firm order for 50 Lilium jets, with an option for 50 more, is the largest commitment in the eVTOL sector by an airline operatorSaudia Group leads the aviation industry in the MENA region with the first agreement for
2y agoLILMLilium Reaffirms 2026 Target for First Customer Deliveries and Provides Additional Detail on Testing ProgramGlobeNewswireFirst aircraft (Lilium Jet MSN 1) to be used exclusively for ground testing starting in a few weeksSecond aircraft (Lilium Jet MSN 2) to be used for first manned flight in early 2025, will start ground testing in the
2y agoLILMLilium Completes Successful Tests of its Revolutionary Electric Jet Propulsion UnitGlobeNewswireMUNICH, 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
2y agoLILMLilium N.V. (LILM) Q1 2024 Earnings Call TranscriptEarnings Call Transcripts
2y agoLILMLilium reports significant progress in Q1 2024 Shareholder LetterGlobeNewswireMUNICH, 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
2y agoLILMLilium launches China Legal Entity as part of collaboration with the Bao'an District of ShenzhenGlobeNewswireCollaboration will establish Lilium as an active industry player in the region's low altitude economyLilium is the first European eVTOL manufacturer selected to operate in the districtAgreement builds upon a Memorandum
2y agoLILMLilium Announces Q1 2024 Shareholder Letter and Webcast on June 11, 2024GlobeNewswireMUNICH, June 03, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. ("Lilium" or the "Company") (NASDAQ:LILM) today announced that it plans to release its First Quarter 2024 Shareholder Letter on June 11, 2024, before market open.
2y agoLILMLilium Announces Successful Arrangement of $114 Million Capital Raise With Participation From Strategic and Existing InvestorsGlobeNewswireMUNICH, 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),
2y agoLILMLilium and eVolare confirm the signing of sale and purchase agreements for 4 Lilium Jets, with potential deliveries of up to 12 additional aircraftGlobeNewswireLONDON 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),
2y agoLILMLilium and Luxaviation Take Partnership to Next Phase Focused on Operations and Ground InfrastructureGlobeNewswireLilium has agreed to a deal with Luxaviation to help prepare ExecuJet Fixed Base Operations (FBOs) and newly developed locations for the Lilium JetExecuJet, part of the Luxaviation Group, is an industry leader in ground
2y agoLILMLilium Jet to Take Flight in the French Riviera in 2026GlobeNewswireLilium, UrbanV, and Aeroports de la Côte d'Azur forge innovative partnership to create vertiport network in the French Riviera as the first region in Europe to enable regional air mobilityLilium network to connect
2y agoLILMLilium Announces Pricing of $114 Million FinancingGlobeNewswireMUNICH, Germany, May 24, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM) ("Lilium" or the "Company"), developer of the first all-electric vertical take-off and landing ("eVTOL") jet and global pioneer in Regional
2y agoLILMLilium Announces Launch of Offering of Class A Shares and WarrantsGlobeNewswireMUNICH, Germany, May 23, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM) ("Lilium" or the "Company"), developer of the first all-electric vertical take-off and landing ("eVTOL") jet and global pioneer in Regional
2y agoLILMLilium Begins Construction of Certification Test Facility for the Lilium Jet with SEGULA TechnologiesGlobeNewswireState-of-the-art test facility to be a cornerstone of the Lilium Jet certification programLocated at Lilium's headquarters near Munich (Germany), the 26,000 square feet (2400m2) rig will be used to simulate flights, for
2y agoLILMLilium Welcomes KfW Due Diligence UndertakingGlobeNewswireDiligence undertaking by KfW is a decisive step towards public support of LiliumCEO Klaus Roewe: "We are expecting a swift process."Lilium targets minimum € 100 million KfW loan secured by default guarantee from the
2y agoLILMLilium in advanced discussions with French government to expand industrial footprint with high-volume facilities in FranceGlobeNewswireLilium is keen to leverage France's unique aerospace heritage and vast supplier base in aerospace and electrification to expand its high-volume production capacity of the Lilium JetDiscussion of industrial footprint
2y agoLILMLilium Announces Firm Order of 20 Lilium Jets from U.S. Operator UrbanLinkGlobeNewswireUrbanLink's firm purchase order of 20 Lilium Jets, with an option for 20 more, includes scheduled pre-delivery payments.The agreement marks a critical aviation milestone as UrbanLink becomes the first airline in the U.S.
2y agoLILMFull-scale Lilium Jet model to be unveiled for the first time at EBACE2024GlobeNewswireThe first public unveiling of full-scale Lilium Jet model is set to occur next month in GenevaThe Lilium Jet model will be located at Stand A39, as part of Lilium's largest EBACE presence to date and as one of the show's
2y agoLILM 700-HK EHInside the world of flying cars, or eVTOLs, which are moving closer to realityCNBCEVTOLs, or electric vertical take-off and landing vehicles, popularly known as flying cars, are being developed by firms in the United States, Europe and Asia.
2y agoLILMLilium Starts Production of High-Performance Battery Packs for the Lilium JetGlobeNewswireLilium's battery packs are being designed to meet the highest aviation safety standards First units off the battery assembly line at Lilium's headquarters will be used for verification testing ahead of first piloted
2y agoACHR BLDE CAE JOBY+2Hybrid Aircraft Market Size Expected to Reach $13.2 Billion By 2030 as Demand Grows for Commercial ApplicationsGlobeNewswirePALM BEACH, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to a report from MarketsAndMarkets projected that the Hybrid Aircraft Market size is estimated to grow from USD 1.2
2y agoLILMLilium Begins Integration of Garmin Standby Flight Instruments for the Lilium JetGlobeNewswireStandby flight instruments supplied by Garmin represent a key safety feature of the Lilium Jet and will provide fully redundant flight instrumentationFirst units have been delivered to Lilium to be integrated in the
2y agoDOLE LILM PSNYLilium Names Johan Malmqvist as Chief Financial OfficerGlobeNewswireMUNICH, Germany, March 25, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing ("eVTOL") jet, today announced they have appointed Johan Malmqvist as
2y agoLILMLilium and Atlantic Aviation Unite to Electrify Regional Air Mobility Across the U.S.GlobeNewswireLilium and Atlantic Aviation announce they have signed an MOU to electrify existing airport infrastructure and support regional air mobilityAgreement aims to ensure compatibility of current and future vertiports with
2y agoLILMLilium 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 JetGlobeNewswireLilium celebrates NYC's inclusion of all advanced air mobility capabilities and commitment to have an agnostic operator run the heliportDowntown Manhattan heliport to play key role in planned future Northeast Corridor
2y agoLILMLilium N.V. (LILM) Q4 2023 Earnings Call TranscriptEarnings Call Transcripts
2y agoLILMLilium releases Full Year and Fourth Quarter 2023 Shareholder LetterGlobeNewswireMUNICH, Germany, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM) ("Lilium"), developer of the first all-electric vertical take-off and landing ("eVTOL") jet, has released its Full Year and Fourth Quarter
2y agoLILMLilium Gears Up for Production of the Lilium Jet's Revolutionary Electric Propulsion UnitsGlobeNewswireLilium begins installation of serial production line for propulsion units at Lilium's production facilities in Wessling, GermanyFirst prototype propulsion units expected to come off the line in Q2 2024, marking a key
2y agoLILMLilium partners with Star Charge to develop best-in-class charging system for eVTOL operationsGlobeNewswireStar Charge offers best-in-class high performance chargers with liquid cooled cables reducing charging time significantlyLilium orders 120 chargers from Star Charge for its own use and for customers' vertiportsStar
2y agoLILMLilium launches its services organization and offering: Lilium POWER-ONGlobeNewswireFirst eVTOL customer service organization, spanning battery management, maintenance, flight operations, training and digital solutionsNew "Lilium POWER-ON" organization to be headed by Dominique Decard, aviation