Air Taxi

Inside eVTOL Certification: A Q&A With the Deputy CTO of Lilium

Within the eVTOL landscape, regulatory compliance and airworthiness certification present unique challenges. Bhavesh Mandalia, Chief Airworthiness Officer and Deputy CTO at Lilium, in a recent interview with Avionics International, discussed how the…

Air Taxi

Lilium Arranges $192M Capital Raise

Lilium has coordinated a capital raise totaling $192 million, the eVTOL developer announced this week. After receiving $100 million in funding in May, Lilium has now raised $292 million in 2023 to…

Air Taxi

Lilium Signs Agreements With Air-Dynamic and ASL Group

This week, Lilium and Air-Dynamic SA signed an agreement that includes pre-delivery payments for up to five of Lilium’s eVTOL aircraft. Air-Dynamic is a private jet and helicopter company based in Switzerland.…

Air Taxi

Lilium's Tech Demonstrator Hits Targeted Maximum Speed

Earlier this month, eVTOL developer Lilium achieved a significant milestone. Its Phoenix 2 tech demonstrator aircraft hit the targeted maximum speed during a flight test—about 155 mph, or 136Kts (250+ km/h). This…

Air Taxi

Lilium Closes $119 Million Capital Raise

Leading eVTOL developer Lilium has closed a $119 million capital raise—a concurrent private placement and registered direct offering (RDO). Participants included existing shareholders, strategic partners, and new investors. Honeywell, Aciturri, Tencent, and…