LILM News and Press, Lilium N.V. From 03/17/23

MUNICH, Germany, March 17, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM) today announced that it plans to release its Fiscal Year 2022 Business Update before market open on Tuesday, March 28, 2023. The Shareholder Letter, which among other topics will discuss ...

2023-03-09 04:55:34 ET Summary I think this idea of battery-powered flight is really cool. But that doesn't mean that it's going to work financially. It's also possible to look at the specific finances of Lilium and claim - as I do claim - that they're not going to work. They'...

2023-03-06 18:36:02 ET AWIN SPAC merger in late February. For further details see: eVTOL, drone systems developer AIRO to go public through SPAC deal

Lilium ( NASDAQ: LILM ) shares gained 4% premarket on Thursday after the eVTOL developer announced a collaboration with Collins Aerospace to build a new inceptor system. As part of the collaboration, Collins Aerospace will design, develop and build new flight controls for Lili...

Collins Aerospace will design, develop and build new flight controls for Lilium’s type-conforming aircraft Collins Aerospace brings 50 years of experience in cockpit controls to the advanced air mobility market MUNICH, Germany, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Lilium N.V...

Companies will work together to design, build and integrate the EWIS for Lilium’s type-conforming aircraft Final assembly of the Lilium Jet is due to start in 2023 MUNICH, Germany and HOOGERHEIDE, Netherlands, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) dev...

Summary Baillie Gifford’s 13F portfolio value decreased from ~$96.99B to ~$95.96B this quarter. They increased NVIDIA, Shopify, NIO Inc., SEA Ltd., Roblox, DoorDash, and Ginkgo Bioworks while reducing Illumina, Ferrari N.V., Arthur J. Gallagher & Co., Albemarle, Meta Platform...

Developer of the first all-electric vertical take-off and landing jet, Lilium ( NASDAQ: LILM ) appointed Oliver Vogelgesang as CFO and Sebastien Borel as Chief Commercial Officer with immediate effect. Oliver Vogelgesang will take over from Geoffrey Richar...

MUNICH, Germany, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today that the Board of Directors has appointed Oliver Vogelgesang as Chief Financial Officer (CFO) and Sebastien...

Summary EHang has signed a deal to raise $10 million by issuing new shares to a Qingdao government entity and could raise another $10 million from the same source. EH's new fundraising highlights the dwindling cash as it remains in the red despite progress in commercializing its aerial ...