Lilium Powers On First Lilium Jet in Significant Milestone Towards First Flight
October 01 2024 - 6:00AM
Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer
and pioneer in Regional Air Mobility (RAM), has completed the first
systems power-on milestone of its revolutionary all-electric Lilium
Jet. The successful test procedure on the first in-production
Lilium Jet, MSN 1, represents a significant achievement on the path
to first flight and certification. This test confirms that the
aircraft is being built in accordance with Lilium’s platform design
and the flight systems are functioning correctly.
At power-on, high-voltage (900 Volts) is applied to the aircraft
and converted to supply the low-voltage electrical and avionics
systems – including cockpit display, flight controls,
communication, navigation, and surveillance systems. This milestone
corresponds to the customary power-on acceptance test procedure
used in conventional commercial aircraft manufacturing.
Stephen Vellacott, Lilium CTO,
commented: “Power-on is an important quality gate in the
production process of any commercial aircraft. The two Lilium Jets
now on our final assembly line, and those to come, will be
conforming aircraft, built to the specifications of our design
organization, according to documented processes and in line with
established aerospace procedures. When it comes to aircraft
production, process control, repeatability, traceability, and above
all safety is paramount. Achieving this first power-on milestone
demonstrates that we’re on track.”
MSN 1 is due to become Lilium’s lab test aircraft, or
“ironbird”. It will be a fully functional aircraft and key asset
for the certification program, being used to prove safety of flight
and compliance with airworthiness requirements. The second Lilium
Jet, MSN 2, also currently in final assembly, is the first aircraft
that Lilium intends to fly with a pilot on board in early 2025.
Production of MSN 3 fuselage is underway at the supplier. Lilium
intends to fly a total of six test aircraft up to
type-certification and entry into service, targeted for 2026.
In August this year, Lilium successfully completed the first
phase of electrical integration testing at the company’s dedicated
electrical power system lab (EPSL), a test rig that replicates the
Lilium Jet’s full powertrain, from battery pack to engine, outside
the aircraft in a controlled test environment. Lilium has so far
successfully tested several core electrical functionalities at the
EPSL, including high voltage distribution, low voltage conversion
and distribution, health reporting, and charging systems.
Contact information for media:
Christine Pierk Communications Manager +49 151 53919945
press@lilium.com
Contact information for investors: Rama
Bondada Vice President, Investor Relations
Investors@lilium.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, 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 1,000+ 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.
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; and (iii) the Lilium
Group’s progress towards type certification (and type certificate
validation) of its Lilium Jet with EASA and the FAA; and (iv) the
production, certification, flight testing program, delivery
schedule, and related timelines for the Lilium Jet, including the
power-on of MSN 1 as described in this press release . 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.
Lilium NV (NASDAQ:LILM)
Historical Stock Chart
From Nov 2024 to Dec 2024
Lilium NV (NASDAQ:LILM)
Historical Stock Chart
From Dec 2023 to Dec 2024