Lilium N.V. (NASDAQ: LILM), developer of the first all-electric
vertical take-off and landing (“eVTOL”) jet, announced today that
the first high-voltage electrical harnesses for the Lilium Jet have
been completed. The announcement marks another important
achievement on the path to first assembly, industrialization, and
entry into service of the revolutionary Lilium Jet.
A collaboration between Lilium, its design and
build partner for electrical wiring integration, GKN Aerospace, and
connector supplier, Rosenberger, the high voltage electrical
harnesses represent a critical system on the Lilium Jet. The
harness system, for which Lilium has been granted patents in the
U.S. and Europe, is essential for the Lilium Jet’s safety critical
power distribution architecture. An electrical harness is a system
of cables bundled into a single secure sleeve to protect, optimize
space and simplify installation. Designed for safety and
redundancy, the harnesses will act as the aircraft’s main
electrical arteries, distributing power from the ten batteries,
located on the sides of the fuselage, to the jet propulsion units,
embedded into the aircraft’s main wings and canards. The harness
system has been optimized for high performance at low weight
enabling a voltage of more than 900 V.
Yves Yemsi, COO of Lilium, commented: “We are
delighted with the progress made in building this section of the
electrical wiring system. Today’s milestone again confirms our
approach of partnering with established aerospace suppliers for an
efficient aircraft development program.”
John Pritchard, President of Civil Airframe at
GKN Aerospace commented: “This collaboration has enabled us to
leverage and build on the capabilities of each company. We are
proud that our electrical wiring systems technology, our design
expertise and our ability to manufacture at scale is helping Lilium
make sustainable regional aviation a reality.”
Marc Käumle, Executive Vice President Business
Area Interconnect, Rosenberger said: “Electric aviation is on its
way, and we are pleased to be a part of it. We have been designing
and manufacturing connectors and cable assemblies over many years
for a variety of aviation applications. We look forward to
extending our capabilities into the eVTOL space as part of the
Lilium Jet team.”
LiliumContact
information for media:Meredith Bell Vice President,
External Communications +41794325779 press@lilium.com
Contact information for
investors: Rama BondadaVice President, Investor Relations
investors@lilium.com
About Lilium
Lilium (NASDAQ: LILM) is creating a sustainable
and accessible mode of high-speed, regional transportation for
people and goods. Using the 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. Working with
aerospace, technology, and infrastructure leaders, and with
announced sales and indications of interest in Europe, the United
States, China, Brazil, UK, and the Kingdom of Saudi Arabia,
Lilium’s 800+ strong team includes approximately 450 aerospace
engineers and a leadership team responsible for delivering some of
the most successful aircraft in aviation history. Founded in 2015,
Lilium’s headquarters and manufacturing facilities are in Munich,
Germany, with teams based across Europe and the U.S. To learn more,
visit www.lilium.com.
About Rosenberger
Rosenberger, a renowned global electronics manufacturer, is
synonymous with cutting-edge technologies, exceptional development
capabilities, and uncompromising quality. Headquartered in Germany,
the Rosenberger Group maintains a worldwide presence through sales
and manufacturing facilities, specialized in delivering a diverse
array of standardized and tailor-made connectivity solutions across
high-frequency, high-voltage, and fiber optic technologies.
Our solutions guarantee the reliable transmission of signals,
data, and power in the most demanding of applications. Trusted by
leading high-tech companies in mobile and telecommunications,
industrial measurement technology, automotive electronics, medical
and industrial electronics, data technology, and aerospace,
Rosenberger's products stand out for their precision and unwavering
reliability.
With a rich history dating back to its founding in 1958,
Rosenberger has remained steadfast in its commitment to innovation
and highest quality. As a family-owned business, we take pride in
our enduring values and our dedication to our customers and
employees alike.
Rosenberger maintains its position at the forefront of industry
leadership with a dedicated team of approximately 15,000 talented
individuals.
To learn more, visit www.rosenberger.com
About GKN Aerospace
GKN Aerospace is the world’s leading
multi-technology tier 1 aerospace supplier, with a mission to be
the most trusted and sustainable partner in the sky. As a global
company serving the world’s leading aircraft manufacturers, GKN
Aerospace designs, manufactures and delivers an extensive range of
advanced aerospace systems, components and technologies – for use
in commercial and defense aircraft ranging from helicopters,
business jets, passenger planes and advanced air mobility vehicles
to the most advanced fighter aircraft. In line with its mission,
GKN Aerospace is committed to achieving net-zero emissions by 2050.
Lightweight composites, additive manufacturing, electrical wiring
interconnection systems and innovative engine systems help to
reduce emissions and weight on today’s aircraft, while it
collaborates with global partners to accelerate the development of
zero-emission aircraft technologies, including hydrogen-powered
propulsion and all-electric flight. GKN Aerospace is market leading
in aerostructures and engine systems, with 15,000 employees across
its 38 manufacturing locations in 12 countries.
Lilium Forward Looking
Statements
This press release contains certain
forward-looking statements within the meaning of the U.S. federal
securities laws, including, but not limited to, statements
regarding (i) Lilium N.V.’s and its subsidiaries (collectively, the
“Lilium Group”) proposed business and business model, (ii) the
markets and industry in which the Lilium Group operates or intends
to operate, (iii) the anticipated timing of the commercialization
and launch of the Lilium Group’s business in phases, (iv) the
Lilium Group’s ability to successfully patent its intellectual
property and the future performance of its innovations, (v) the
expected results of the Lilium Group’s business and business model,
including when launched in phases, (vi) the timing of Lilium’s
targeted regulatory milestones, and (vii) the Lilium Group’s
collaborations with GKN Aerospace and Rosenberger Group as
described herein. These forward-looking statements generally are
identified by the words “anticipate,” “believe,” “could,” “expect,”
“estimate,” “future,” “intend,” “may,” “on track,” “plan,”
“project,” “should,” “strategy,” “will,” “would” and similar
expressions. Forward-looking statements are predictions,
projections, and other statements about future events that are
based on management’s current expectations with respect to future
events and are based on assumptions and subject to risk and
uncertainties and subject to change at any time. Actual events or
results may differ materially from those contained in the
projections or forward-looking statements. Factors that could cause
actual future events to differ materially from the forward-looking
statements in this press release include those discussed in Lilium
N.V.’s filings with the U.S. Securities and Exchange Commission
(the “SEC”), including in the section titled “Risk Factors” in
Lilium N.V.’s Annual Report on Form 20-F for the year ended
December 31, 2022, on file with the SEC, all of which are available
at www.sec.gov. Forward-looking statements speak only as of the
date they are made. You are cautioned not to put undue reliance on
forward-looking statements, and the Lilium Group assumes no
obligation to, and does not intend to, update or revise these
forward-looking statements, whether as a result of new information,
future events or otherwise.
Lilium NV (NASDAQ:LILM)
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Lilium NV (NASDAQ:LILM)
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