Lilium

Lilium is the developer of the first all-electric vertical take-off and landing (“eVTOL”) jet.

Lilium is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods.

Lilium Aviation was founded in 2014 by by Daniel Wiegand, Sebastian Born, Patrick Nathen and Matthias Meiner. The company's headquarters and manufacturing facilities are in Munich, Germany, with teams based across Europe and the U.S. 

 

Lilium launched Lilium Jet, an all-electric vertical take-off and landing jet, offering leading capacity, low noise, and high performance with zero operating emissions, Lilium is accelerating the decarbonization of air travel.

 

Lilium Jet's core technology is Ducted Electric Vectored Thrust which the company has refined through successive generations of aircraft demonstrators. Multiple electric jet engines integrated into the wing flaps provide advantages in payload, aerodynamic eficiency and a lower noise profile while also providing thrust vector control to maneuver the jet through every phase of flight.

 

Lilium collabortes with established industry leaders and local governments to bring their shared vision of sustainable air travel to life. The company's current aerospace partners include Honewell, CUSTOMCELLS, Aciturri, and Toray.

 

Lilium is backed by Atomico, Tencent Holdings, Blackrock, LGT Capital Partners, Baillie Gifford, Earlybird Venture Capital, BIT Capital, Obvious Ventures, Pimco, Lightrock, Freigeist Capital, B. Riley Securities, UVC Partners, E-vestment, and others. The company announced a $192M in capital raised on Jul 18, 2023. This brings Lilium's total funding to $1.14B to date. Lilium went public on the Nasdaq on September 15 2021 through a merger with Qell Acquisition Corp. The SPAC valued the combined company at a $3.3B.

 

 

  • Year founded: 2014
  • Funding Info: $1.14 over 8 Rounds (Latest Funding Type: Post-IPO Equity))
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: Valued $3.3B at IPO as of Nov 23, 2022
  • City/Town: Wessling
  • State: Bavaria
  • Country: Germany
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