Lilium is developing sustainable, high-speed air mobility through its electric vertical take-off and landing aircraft, vertiports and digital service. Founded in 2015, Lilium’s headquarters and manufacturing facilities are in Munich, Germany, with teams based across Europe and the U.S. MUNICH, GERMANY, : Lilium (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today confirmed its delivery schedule allowing first customer deliveries in 2026 and provided additional program details.

Understanding the Context

This confirmation is based on a recent program review that considered the testing and validation requirements needed prior to first ... The Lilium Jet features two fixed wings, one main wing at the rear of the aircraft, which measures about 11m across, and a ‘canard’ wing at the front of the aircraft, so-called because of its resemblance to a duck. The canard wings each have two flaps and the main wings have four. Lilium is currently in self-administrated insolvency proceedings.

Key Insights

The original company mission is to create a sustainable and accessible mode of high-speed, regional transportation for people and goods. The Lilium Jet is the world’s first electric Vertical Take-Off and Landing Jet. It unlocks high-speed regional air mobility with zero operating emissions and without the need for large-scale ground infrastructure. The Lilium HQ is situated at a small airfield just outside of Munich, right at the heart of Germany’s high-tech manufacturing and aerospace ecosystem. From the office, you have amazing views of the Alps and are close enough to the city for an evening stroll around the historic Marienplatz or the vast Englischer Garten.

Final Thoughts

Media Release Lilium Board approves application for self-administration of German subsidiaries Follows German parliament´s Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraise Company was also unable to reach an agreement in principle with Bavarian government to guarantee a €50 million loan