To collaborate with Lilium N.V. on
critical subsystem of Lilium Jet’s Energy Management System
Astronics Corporation (Nasdaq: ATRO), a leading provider of
advanced technologies for global aerospace, defense and other
mission critical industries, today announced that it has been
selected by Lilium N.V. to design, develop, and build the Lilium
Jet’s electrical power distribution system.
Power distribution units play a critical role within the Lilium
Jet’s innovative energy management system. Astronics will be
responsible for the secondary power distribution units (SPDUs) and
charging power distribution units (CPDUs).
Lilium Jets will each be equipped with two SPDUs and one CPDU.
SPDUs are responsible for high voltage (1000 VDC) to low voltage
(28 VDC) conversion and for low voltage distribution and
protection. Compact and light weight, the SPDUs ensure a reliable
supply of power from the batteries to the aircraft’s critical
systems, including flight controls, avionics, navigation,
communication, sensors, internal and external lights, and passenger
comfort.
The CPDU manages the battery charging operation, as well as
providing additional and dissimilar sources for high voltage to low
voltage power conversion and low voltage power distribution, which
minimizes common-cause failure modes between the CPDU and SPDU. It
also provides an additional layer of aircraft safety by monitoring
insulation and detecting and reporting short circuit risks across
the system.
Jon Neal, President of Astronics Advanced Electronic Systems,
said, “Astronics is thrilled to announce Lilium as a launch
customer for our CorePower® high voltage products designed for the
More Electric Aircraft and eVTOL platforms. This partnership
demonstrates the flexibility of our products and our close
collaboration with our customers. Astronics is excited to join
Lilium in being a part of the evolution of aviation moving towards
cleaner, more sustainable, and accessible modes of
transportation.”
Martin Schuebel, Senior Vice President Procurement at Lilium,
said: “Astronics is our ideal partner for this very important
component of our aircraft. It is our intention to collaborate with
the best aerospace suppliers and leverage their expertise.
Astronics’ expertise is unique, and their collaborative approach
makes them a perfect match for us. The partnership will also help
pave the way for the coming industrial ramp-up.”
The supplier agreement follows over a year of collaborative work
between the two companies and marks a further key milestone in the
industrialization of the Lilium Jet.
Astronics is a leading Tier One aerospace suppliers in its
field, providing innovative power, lighting, and connectivity
solutions for aircraft including major commercial aircraft OEMs.
Astronics also offers complete design, integration, and
certification services. The Company leads many industry working
groups in its field and is a leader for high voltage power
distribution in aviation.
About Astronics Corporation
Astronics Corporation (Nasdaq: ATRO) serves the world’s
aerospace, defense, and other mission critical industries with
proven, innovative technology solutions. Astronics works
side-by-side with customers, integrating its array of power,
connectivity, lighting, structures, interiors, and test
technologies to solve complex challenges. For over 50 years,
Astronics has delivered creative, customer-focused solutions with
exceptional responsiveness. Today, global airframe manufacturers,
airlines, militaries, completion centers and Fortune 500 companies
rely on the collaborative spirit and innovation of Astronics. The
Company’s strategy is to increase its value by developing
technologies and capabilities that provide innovative solutions to
its targeted markets.
For more information on Astronics and its solutions, visit
Astronics.com.
About Lilium
Lilium (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, offering 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 planned launch networks
announced in Germany, the United States and Brazil, Lilium’s 800+
strong team includes approximately 450 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.
Safe Harbor Statement
This news release contains forward-looking statements as defined
by the Securities Exchange Act of 1934. One can identify these
forward-looking statements by the use of the words “expect,”
“anticipate,” “plan,” “may,” “will,” “estimate” or other similar
expressions and include all statements with regard to the success
of collaboration with partners on the development of new products,
and the outcome of demand streams or expectations of demand by
customers and markets. Because such statements apply to future
events, they are subject to risks and uncertainties that could
cause actual results to differ materially from those contemplated
by the statements. Important factors that could cause actual
results to differ materially from what may be stated here include
the impact of the global outbreak of COVID-19 and governmental and
other actions taken in response, trend in growth with passenger
power and connectivity on airplanes, the state of the aerospace and
defense industries, the market acceptance of newly developed
products, internal production capabilities, the timing of orders
received, the status of customer certification processes and
delivery schedules, the demand for and market acceptance of new or
existing aircraft which contain the Company’s products, the need
for new and advanced test and simulation equipment, customer
preferences and relationships, and other factors which are
described in filings by Astronics with the Securities and Exchange
Commission. The Company assumes no obligation to update
forward-looking information in this news release whether to reflect
changed assumptions, the occurrence of unanticipated events or
changes in future operating results, financial conditions or
prospects, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20220628006174/en/
For more information:
Astronics: Jon Neal, President, Astronics AES Phone: (425)
339-8201 Email: jon.neal@astronics.com
ATRO Investor Relations: Deborah K. Pawlowski, Kei Advisors LLC
Phone: (716) 843-3908 Email: dpawlowski@keiadvisors.com
Media contact for Lilium: Meredith Bell, Lilium Phone: +41
794325779 Email: Meredith.bell@lilium.com
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