Lilium (LILM) has released an update.
Lilium, an all-electric jet company, is on the brink of a major breakthrough with its first manned Lilium Jet flight planned for late 2024 and service entry targeted for 2026. The firm has secured a robust order pipeline, including a new deal with UrbanLink for 20 jets, and the backing of significant capital raises and potential governmental support from Germany and France. The company’s progress is marked by advancements in jet assembly, strategic partnerships, and an increase in pre-delivery payments signaling strong market interest.
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