Munich, Germany, 15th July 2023
Lilium, a leading developer of electric vertical take-off and landing (eVTOL) aircraft, has secured a landmark deal with global aviation giant Airbus Helicopters. The deal will see Airbus Helicopters invest €50 million in Lilium, and the two companies will collaborate on developing and certifying Lilium’s eVTOL aircraft.
The deal is a major coup for Lilium, which has been developing its eVTOL aircraft for several years. Lilium’s aircraft is designed to be able to take off and land vertically, making it ideal for urban air mobility applications. The aircraft is also designed to be electric, which will make it more environmentally friendly than traditional helicopters.
Airbus Helicopters is a world leader in the helicopter industry, and its investment in Lilium is a strong endorsement of the company’s technology. The deal will give Lilium access to Airbus Helicopters’ extensive resources, including its engineering expertise, manufacturing capabilities, and global sales network.
Key Terms of the Deal
- Airbus Helicopters will invest €50 million in Lilium.
- The two companies will collaborate on developing and certifying Lilium’s eVTOL aircraft.
- Airbus Helicopters will have the option to acquire a minority stake in Lilium in the future.
Benefits for Lilium
- Access to Airbus Helicopters’ engineering expertise, manufacturing capabilities, and global sales network.
- Validation of Lilium’s technology from a world leader in the aviation industry.
- Increased investor confidence in Lilium.
Benefits for Airbus Helicopters
- Access to Lilium’s innovative eVTOL technology.
- A first-mover advantage in the emerging urban air mobility market.
- An opportunity to diversify its product portfolio.
The deal between Lilium and Airbus Helicopters is a major milestone for the eVTOL industry. It is a sign of the growing interest in this technology, and it is a testament to the strength of Lilium’s technology.
Kind regards
B. Carpenter
