November 27, 2023, Menno van Diermen, LovingLilium.com
The leading eVTOL with leading safety standards
Lilium is on a journey to become the leading eVTOL in regional air mobility (RAM). A major milestone is achieved, the Design Organizational Approvement (DOA) from EASA. It’s important for investors and customers, because it represent the highest safety standards globally for eVTOL aircraft.
Type-certification of the Lilium Jet
According to Lilium’s DOA, Lilium is qualified to design and be a type certificate holder for aircraft developed according to EASA’s SC-VTOL rules, the comprehensive set of eVTOL requirements that EASA finalized in 2019. Lilium is pursuing concurrent type-certificate validation of the Lilium Jet with the FAA under the provisions of the Bilateral Aviation Safety Agreement between the European Union and the U.S. The FAA issued its G-1 for the Lilium Jet in June, making Lilium the only eVTOL manufacturer with both an EASA and FAA certification basis for a powered lift eVTOL aircraft. That’s one of the key reasons why we selected Lilium stock, for more reasons read Loving Lilium (9) The investor’s Journey.
Earlier this month, Bhavesh Mandalia, Lilium Chief Airworthiness Officer and Deputy CTO, was on tour with EASA with a DOA implementation workshop. You can watch here the full workshop video giving a deep insight in the complexity of receiving a DOA.
Transparency for Lilium investors
On November 2, Lilium’s investors relations manager Rama Bondada hosted a webinar focused on the battery system and the range of the Lilium Jet, also including the roadmap for ongoing enhancements in battery technology and range. The presentation was delivered by Daniel Wiegand, Lilium’s Co-Founder and Chief Engineer for Innovation.
The webinar, which includes newly released test data, explains the energy demands of the Lilium Jet, the existing high-performance battery technology that meets those demands, and how Lilium and partners are preparing to scale up the production of these battery cells. There is also a sheet (22) about EASA and FAA requirements for applicable reserve range concepts. You can watch here the full webinar video. It’s important to watch this video for (potential) investors, reducing the risk perceptions by Lilium’s transparency in all relevant elements.
We look forward to new Lilium webinars in future, that will boost confidence about the biggest risks for investors according to Barclays: delay of certification and dilutive and non-dilutive cash needs.
Read this article Loving Lilium (19) on LinkedIn
View all 19 Loving Lilium articles on LinkedIn
Download for free the Full Story e-Book about Lilium on LovingLilium.com
