Lilium N.V. (LILM)
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- GlobeNewswire
Lilium Begins Construction of Certification Test Facility for the Lilium Jet with SEGULA Technologies
State-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 system integration testing and to verify aircraft performance through multiple flight profiles Designed in collaboration with global engineering group SEGULA Technologies, the facility is expected to be operational in late Summer 2024 MUNICH, Germany, May 16, 2024 (GLOBE NEWSWIRE
- Globe Newswire
Lilium Welcomes KfW Due Diligence Undertaking
Diligence 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 federal government and Bavaria MUNICH, Germany, May 15, 2024 (GLOBE NEWSWIRE) -- The Federal Government of Germany and the Free State of Bavaria have commissioned the state development bank KfW in Frankfurt to conduct due diligence on Lilium (NASDAQ: LILM), developer of the first all
- Globe Newswire
Lilium in advanced discussions with French government to expand industrial footprint with high-volume facilities in France
Lilium 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 expansion into France, potential government subsidies and loan guarantees expected to be concluded in the coming weeksLilium expansion could create up to 850 new direct jobs in FranceLilium Jet production expected to boost French export volumes as vast majority of produced Jets would
