LILM News and Press, Lilium N.V. From 06/18/23

MoU signed is first step towards launching a safe and sustainable eVTOL service in China and the broader Asia-Pacific region, starting with the Greater Bay Area Lilium plans to open a regional headquarters in Bao’an District before year-end with the aim of providing Lilium Jet sale...

2023-06-15 07:00:00 ET Summary Archer Aviation stock has more than doubled since my last coverage. eVTOLs have been riding a positive wave of momentum. Appointment of former FAA administrator has significant advantages for Archer Aviation's success. Last month, I c...

2023-06-10 12:00:00 ET Electric vertical take-off and landing (eVTOL) operators are attracting evermore attention as regulators signal the reality of flying taxis appears closer than ever. Indeed, the Federal Aviation Administration said that it is “planning for integrati...

2023-06-02 13:31:20 ET Gainers: Quanex Building Products Corporation NX +22% . Universal Security Instruments ( UUU ) +19% . CBAK Energy Technology ( CBAT ) +18% . Yellow Corporation ( YELL ) +16% . American Superconductor Corporation ( AM...

2023-05-26 11:00:20 ET Summary Lilium has raised cash and its price has bounced. The physics of Disc Load means the Lilium jet will probably not be able to take off when fully loaded. It needs a battery breakthrough and it still wouldn't be enough. The last four arti...

2023-05-24 19:07:28 ET Summary Lilium has successfully secured a $100 million lifeline, with talks for another $150 million ongoing. Lilium aims to have a certified product by late 2025. The company bets on pre-delivery payments in the second half of next year, but additional ...

2023-05-24 07:17:28 ET Lilium N.V. press release ( NASDAQ: LILM ): Q1 Adjusted cash spend was €62M, in line with the budget plan of €125M for the first half of 2023. At the end of March 2023, and before the latest funding, Lilium’s liquidity stood...

MUNICH, Germany, May 24, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its Q1 2023 Shareholder Letter. The Shareholder Letter,...

GENEVA, May 24, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, today announced that it has signed an agreement with Benelux-based business jet operator ASL Group for the delivery of six Lilium Pioneer Edition Jets. The a...

2023-05-23 11:08:16 ET Major earnings expected before the bell on Wednesday include: Analog Devices ( ADI ) Bank of Montreal ( BMO ) The Bank of Nova Scotia ( BNS ) Kohl's Corp. ( KSS ) XPeng ( XPEV ) For further details see: Notable earni...