LILM - Lilium and UrbanV join hands for vertiports in Italy

2023-06-21 02:41:35 ET

Developer of the first all-electric vertical take-off and landing ((eVTOL)) jet, Lilium N.V. ( NASDAQ: LILM ) and UrbanV, provider of vertiport design and management, join hands to develop Advanced Air Mobility (AAM) infrastructure.

The companies’ partnership to develop vertiport infrastructure will enable eVTOL networks for Lilium aircraft and customers, with an initial focus on Italy and the French Riviera, where UrbanV will launch its operations, with potential for further markets in the future.

Sebastien Borel, CCO said: "As we continue to collaborate with key partners globally, with strong expertise and experience in key markets, our partnership with UrbanV helps to reimagine regional air transport infrastructure. With extensive experience and entrepreneurship in developing the correct infrastructure for eVTOL flight, UrbanV brings a wealth of talent and strong technical expertise to make our ambition to deliver sustainable regional air travel a reality."

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