Lilium N.V. (NASDAQ: LILM), developer of the first all-electric
vertical take-off and landing (“eVTOL”) jet, announced today that
it has received the first set of standby flight instruments from
Garmin®, a leading provider of avionics solutions. The deliveries,
which follow the multi-year supplier contract signed by Lilium and
Garmin in 2023, will be integrated into the first Lilium Jets being
produced and the Lilium Jet flight simulator, used for pilot
training.
In aviation parlance, standby instrumentation is
intended to serve as a backup display in case of a failure of the
primary cockpit instrumentation. As such, the component supplied by
Garmin represents a key safety feature of the Lilium Jet and will
provide an additional layer of protection for crew and passengers.
This redundancy will help pave the Lilium Jet’s path to dual
type-certification by the FAA and EASA.
Garmin is a leading provider of avionics
solutions for general aviation, business aviation, rotorcraft,
advanced air mobility, government and defense, and commercial air
carrier customers, and has several decades of experience in meeting
the highest aviation certification standards. The standby flight
instrument supplied by Garmin, which is already in use on thousands
of certified aircraft, will be integrated into the Lilium Jet’s
cockpit and will interface with the jet’s flight control computer,
providing inertial sensor data (e.g. attitude, acceleration, etc.)
and additional key outputs to the flight control system, as well as
serving as a modern, touchscreen flight display that works
independently of the primary avionics system.
Martin Schuebel, Lilium
Senior Vice President Procurement said: “Our
decision to collaborate with Garmin on this critical system
followed an extensive evaluation process and we are delighted with
the great progress. These first deliveries confirm once again our
strategy of working with tier one aerospace companies with proven
experience in delivering products certified to the highest
standards of aviation safety.”
Carl Wolf, Garmin Vice President of
Aviation Sales and Marketing said: “We are proud to be
part of an outstanding team supporting certification and entry into
service of the Lilium Jet. Garmin is committed to innovation, and
we are excited to supply our standby flight instrument solution
that will add extraordinary capability to the Lilium Jet
cockpit.”
Lilium began assembly of the first Lilium Jet at
its manufacturing and testing facilities near Munich at the end of
2023. The first piloted flight test of the Lilium Jet is targeted
to occur in late 2024.
Lilium Contact information for
media:Meredith Bell Vice President, External
Communications press@lilium.com
Lilium Contact information for
investors: Rama BondadaVice President, Investor Relations
investors@lilium.com
About LiliumLilium (NASDAQ:
LILM) is 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 jet, designed to
offer leading capacity, low noise, and high performance with zero
operating emissions, Lilium is accelerating the decarbonization of
air travel. Working with aerospace, technology, and infrastructure
leaders, and with announced sales and indications of interest in
Europe, the United States, China, Brazil, the UK, the United Arab
Emirates, and the Kingdom of Saudi Arabia, Lilium’s 950+ strong
team includes approximately 500 aerospace engineers and a
leadership team responsible for delivering some of the most
successful aircraft in aviation history. Founded in 2015, Lilium’s
headquarters and manufacturing facilities are in Munich, Germany,
with teams based across Europe and the U.S. To learn more, visit
www.lilium.com.
About Garmin International,
IncGarmin products and services have revolutionized flight
and become essential to the lives of pilots and aircraft owners and
operators around the world. A leading provider of solutions to
general aviation, business aviation, rotorcraft, advanced air
mobility, government and defense, and commercial air carrier
customers, Garmin believes every day is an opportunity to innovate.
Recipient of the prestigious Robert J. Collier Trophy for
Garmin Autoland, Garmin developed the world’s first certified
autonomous system that activates during an emergency to control and
land an aircraft without human intervention.
Lilium Forward Looking
StatementsThis press release contains certain
forward-looking statements within the meaning of the U.S. federal
securities laws, including, but not limited to, statements
regarding (i) Lilium N.V.’s and its subsidiaries (collectively, the
“Lilium Group”) proposed business and business model; (ii) the
markets and industry in which the Lilium Group operates or intends
to operate; (iii) the Lilium Group’s collaboration with Garmin, as
described herein; (iv) the Lilium Group’s progress towards type
certification (and type certificate validation) of its Lilium Jet
with EASA and the FAA; and (v) the Lilium Group’s progress in
producing its Lilium Jet. These forward-looking statements
generally are identified by the words “anticipate,” “believe,”
“could,” “expect,” “estimate,” “future,” “intend,” “may,” “on
track,” “plan,” “project,” “should,” “strategy,” “will,” “would”
and similar expressions. Forward-looking statements are
predictions, projections, and other statements about future events
that are based on management’s current expectations with respect to
future events and are based on assumptions and are subject to risk
and uncertainties that are subject to change at any time. Actual
events or results may differ materially from those contained in the
forward-looking statements. Factors that could cause actual future
events to differ materially from the forward-looking statements in
this press release include those risks and uncertainties discussed
in Lilium’s filings with the U.S. Securities and Exchange
Commission (the “SEC”), including in the section titled “Risk
Factors” in our Annual Report on Form 20-F for the year ended
December 31, 2023, on file with the SEC, and similarly titled
sections in Lilium’s other SEC filings, all of which are available
at www.sec.gov. Forward-looking statements speak only as of the
date they are made. You are cautioned not to put undue reliance on
forward-looking statements, and Lilium assumes no obligation to,
and does not intend to, update, or revise these forward-looking
statements, whether as a result of new information, future events
or otherwise.
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