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Lilium ( NASDAQ: LILM ) +5.1% pre-market on Monday after unveiling a strategic partnership with Bristow ( NYSE: VTOL ), including an option for Bristow to purchase 50 Lilium Jets and provide maintenance services for the jet's launch network in Florida and other f...
FARNBOROUGH, United Kingdom, July 17, 2022 (GLOBE NEWSWIRE) -- Bristow Group Inc. (NYSE: VTOL) (“Bristow”), the global leader in innovative and sustainable vertical flight solutions, and Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the world’s first...
The eVTOL industry may have received the shot in the arm it needed with the first payment commitment from a major U.S. airline. Air taxi maker Vertical Aerospace ( NYSE: EVTL ) ended Friday with a 72% gain after American Airlines Group ( AAL ) agreed to make pre-deli...
Baillie Gifford’s 13F portfolio value decreased from ~$182B to ~$143B this quarter. They increased Affirm Holdings, Coupang, and Ginkgo Bioworks while reducing Petroleo Brasileiro and First Republic Bank. The top three positions are Tesla Motors, Moderna, and Illumina, and ...
Joby Aviation continues to proceed towards a 2024 operations launch. The eVTOL manufacturer has obtained initial FAA certification with more certification necessary to launch operations. The stock has fallen over 50% off the SPAC deal close, but Joby has a $1.2 billion cash balanc...
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 J...
MUNICH, Germany, June 29, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has selected Astronics Corporation (NASDAQ: ATRO), a leading provider of advanced technologi...
Gainers: Virgin Orbit (VORB) +21%, Momentus MNTS +19%, View (VIEW) +15%, ZipRecruiter ZIP +13%, Lilium (LILM) +11%. Losers: ToughBuilt Industries TBLT -50%, Sidus Space SIDU -20%, Virgin Galactic Holdings (SPCE) -8%, Global Internet of People (SDH) -6%,...
MUNICH, Germany, June 14, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has chosen French manufacturer Expliseat to design and build the pilot and passenger seats f...
Gainers: View VIEW +37%, AeroClean Technologies AERC +20%, HyreCar (HYRE) +15%, Odyssey Marine Exploration (OMEX) +12%, HireQuest (HQI) +9%. Losers: Berkshire Grey BGRY -19%, Kanzhun (BZ) -14%, ToughBuilt Industries (TBLT) -14%, Lilium (LILM) -13%, Bowman Consult...
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The firm order for 50 Lilium jets, with an option for 50 more, is the largest commitment in the eVTOL sector by an airline operator Saudia Group leads the aviation industry in the MENA region with the first agreement for the purchase of eVTOL jets MUNICH, Germany, July 18, 2024 (G...
First aircraft (Lilium Jet MSN 1) to be used exclusively for ground testing starting in a few weeks Second aircraft (Lilium Jet MSN 2) to be used for first manned flight in early 2025, will start ground testing in the fall, soon after MSN 1 Three aircraft in production by year-end Ful...
2024-07-11 12:50:01 ET Air taxi start-up Lilium (NASDAQ: LILM) has reportedly secured a firm order from a state-owned Saudi Arabian airline. Investors appreciate the vote of confidence, sending Lilium shares up about 10% as of 11:30 a.m. ET. Lilium is one of several start-ups wo...