MUNICH, Germany, May 23, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced today that it has launched an underwritten public offering of the Company’s Class A ordinary shares (the “Shares”) and warrants to purchase Shares (the “Warrants” and, together with the Shares, the “Securities”), as well as a concurrent private placemen
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
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