Lilium (LILM) begins assembly of eVTOL jet propulsion system

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Lilium N.V (LILM) Starts Assembly of the Lilium Jet’s Electric Propulsion System

September 26, 2023 9:30 AM EDT

Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, announced today that it is starting assembly of the Lilium Jets revolutionary electric propulsion system at its dedicated propulsion facility located next to its headquarters in Wessling, Germany. The announcement marks another exciting milestone on the targeted path towards industrialization and commercial entry into service of the Lilium Jet and reconfirms Liliums roadmap towards achieving first manned flight of the aircraft in late 2024.

Yves Yemsi, COO of Lilium, said: The start of propulsion assembly represents a... More