tiprankstipranks
Lilium, GE Aerospace partner for eVTOL flght safety
The Fly

Lilium, GE Aerospace partner for eVTOL flght safety

With eVTOLs on the cusp of taking off commercially in the coming years, GE Aerospace (GE) is partnering with Lilium (LILM), to build a solid safety foundation for this exciting new mode of travel. The two companies are bringing together their respective flight data and analytics platforms to build scalable flight data management solutions that inform the right safety standards and guidelines for eVTOL operators. GE’s Event Measurement System platform will be a critical digital component of Lilium’s unique and comprehensive aftermarket offering “POWER-ON” that provides safe, efficient, and customer-centric solutions for operators of the Lilium Jet. All Lilium customers will have access to a range of digital services to support their daily operations with critical insights and actionable data. As part of this extraordinary partnership, GE Aerospace and Lilium will build an OEM-level Flight Data Monitoring or Flight Operations Quality Assurance program, to monitor eVTOL safety at a fleet wide level, as well as establish a voluntary FDM program option for Lilium’s customers, built in collaboration by both companies

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App