Today, Lilium takes center stage – a company redefining the future of air mobility. Who is Lilium? Lilium is a German aviation company at the forefront of developing electric vertical take-off and landing (eVTOL) aircraft. Their vision? A world where everyone can travel seamlessly and sustainably through the skies.

Countdown to commercial flights by 2025 Founded in 2015 by four friends from the Technical University of Munich, Lilium aims to offer commercial flights by 2025. The competition is fierce – aside from industry giants such as Boeing and Airbus, Lilium is competing with the German start-up Volocopter.

European approval for Lilium’s electric jets The European Union Aviation Safety Agency (EASA) has granted Lilium (NASDAQ: LILM) the coveted ‘Design Organization Approval’. This approval allows the German air taxi company to develop and manufacture its aircraft independently from existing industry-wide regulations. Alastair McIntosh, CTO of Lilium, aptly referred to the approval as an operating license, propelling the company forward. The EU Agency emphasizes its responsibility for environmental aspects and safety standards without hindering market entry. This step is an important milestone for an industry that is hard at work to make these vehicles available for commercial use.

Focus on urban mobility Unlike conventional aircraft, Lilium jets aim to revolutionize urban mobility. With a design based on electric motors and small propellers, they provide not only lift and thrust during the journey but also green mobility. The planned cruising speed of 300 km/h after one-time charging would enable a journey from London to Manchester in less than an hour.

Conclusion Lilium has the potential to change the way we move fundamentally. Its innovative approach to air mobility has grabbed the attention of investors and tech enthusiasts alike. Stay tuned as Lilium may play a key role in shaping a sustainable and efficient future of mobility. The approval by the European Agency is an exciting event for Lilium, which will drive not only the company but the whole aviation industry forward.