Lilium Gears Up for Production of the Lilium Jet’s Revolutionary Electric Propulsion Units
MUNICH, Germany, Feb. 26, 2024 (GLOBE NEWSWIRE) — Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today that it has started installation of state-of-the-art assembly equipment for the serial production of the Lilium Jet’s propulsion units. Prototype Lilium Jet propulsion units are due to start coming off the new line in Q2 2024, to be used for testing and the flight test campaign. This development marks another important milestone in the industrialization of the Lilium Jet, following the start of production of the Lilium Jet in late 2023.