Lilium

??Media Update 3: #Lilium achieves breakthrough in #investor search - Financial restructuring with Mobile Uplift Corporation GmbH agreed? - Lilium creditors committee approved asset deal? - Deal closing expected early in January? - Deal closing prerequisite for business re-start ??Read more: https://lnkd.in/eEScjFZQ #eVTOL

Lilium Media Update 2:?? While the?KPMG-led?M&A process continues as planned, Lilium gears up for the?first manned flight of the all-electric Lilium Jet. Program continuation gains momentum both commercially and technologically,?with the recent landing gear drop test and the latest order of 8 Lilium Jets by the Ambitious Group.?? Read below for more;??

Behind-the-scenes highlights from Lilium HQ shown in 2 minutes! We recently moved a fully conforming Lilium Jet airframe into our static test rig. The structural strength test is designed to evaluate the aircraft’s strength and durability to ensure that it can withstand the operational stresses it will encounter during service. This advancement marks a big step towards achieving our first manned flight and type certification.? #Lilium #eVTOL

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Lilium Media Update: While Lilium launches M&A process, teams on the ground continue to work towards achieving program milestones; Lilium Jet fuselage enters static test rig.?? Read more below:

We congratulate the FAA for publishing updated operating rules for powered-lift aircraft in the U.S. This is a major step towards commercialization for the entire industry as the FAA and government partners work towards making eVTOL flight a reality across the U.S. #eVTOL https://lnkd.in/g7-yFEYG

??Gerhard Hegmann (Die Welt) on X: "Das Thema einer Staatsbürgschaft für das in Finanznot geratene Flugtaxi-Unternehmen Lilium kommt jetzt doch auf die Tagesordnung beim Haushaltsausschuss. Bei der Sitzung (...) soll auf Antrag der CDU/CSU-Fraktion über den Sachstand informiert werden. Dies geht aus einem Erg?nzungsantrag zur Tagesordnung hervor. Der Freistaat Bayern und der Bund sollen je 50 Mio. Euro Bürgschaft leisten. Für Lilium ist nach eigenen Angaben dies als "Signal der Unterstützung" notwendig, um weiteres privates Kapital zu gewinnen. Bayern hat bereits grünes Licht gegeben. Zuletzt gab es aber im Bundestag erhebliche Vorbehalte gegen die Bürgschaft. Der Haushaltsausschuss tagt zwei Tage - Mittwoch + Donnerstag 16. + 17. Oktober. Das Thema Lilium ist erst am zweiten Tag, also am Donnerstag, vorgesehen." https://lnkd.in/e_3jtJfz #Lilium #eVTOL $LILM

??AIN: Brazilian State Bank Funds Eve Air Mobility's eVTOL Aircraft Factory "Brazil’s national development bank, BNDES, has agreed to an $88 million loan for Eve Air Mobility to support work on the company’s eVTOL aircraft production line at Taubaté in S?o Paulo state. The funding, announced on October 15, follows an earlier $92.5 million line of credit approved by the government-backed bank in 2022 to support development of the four-passenger vehicle that the Embraer offshoot is looking to bring to market in 2026." ??Full article: https://lnkd.in/eUQgyzaj #Lilium #eVTOL $LILM #Funding

"In concrete terms, if we get a no on Wednesday, we will not be able to keep the company in its current form in Germany…It's about Germany's technological leadership in electric flight. That would benefit everyone." - Daniel Wiegand Read BILD's latest article with our Co-Founder Daniel Wiegand: https://lnkd.in/e4z7_vux #Lilium #eVTOL $LILM

?In response to the lack of a German funding decision, "over 650 founders and investors — and counting — have come out in support of a federal guarantee for the Bavarian startup, having signed an initiative called: Enable loans for Lilium, strengthen Germany as a deep tech location. ??The signed names include founders such as Daniel Metzler, cofounder and CEO of Isar Aerospace, Bastian Nominacher, cofounder of Celonis and Miriam Wohlfarth, cofounder and CEO of Banxware, as well as Verena Pausder, the chairperson of The German Startup Association." - Sifted ?? Read the full article by Sifted: https://lnkd.in/envXWK4g #Lilium #eVTOL #FlyElectric $LILM