LILM - Astronics selected for Lilium Jet's Electrical Power Distribution System

• Astronics Corporation ( NASDAQ: ATRO ) has been selected by Lilium N.V.( NASDAQ: LILM ) to design, develop, and build the Lilium Jet’s electrical power distribution system.
• It will collaborate with Lilium on critical subsystem of Lilium Jet’s Energy Management System.
• Astronics will be responsible for the secondary power distribution units (SPDUs) and charging power distribution units (CPDUs). Lilium Jets will each be equipped with two SPDUs and one CPDU.
• The supplier pact comes in wake of over a year of collaborative work between the two companies and marks a further key milestone in the industrialization of the Lilium Jet.
• Shares of LILM are up 1.5% premarket .

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