Lilium ($LILM) Receives Federal Aviation Administration G-1 Certification Basis

SAN DIEGO, CA / ACCESSWIRE / JUNE 27, 2023 / Lilium (NASDAQ: LILM), a leading developer of all-electric vertical take-off and landing aircraft, has announced that it has received the Federal Aviation Administration (FAA) G-1 Certification Basis, a crucial step in the type certificate validation process for its Lilium Jet in the United States. This comes after Lilium obtained certification basis from the European Union Aviation Safety Agency (EASA) in 2020, establishing its primary airworthiness authority.

With this achievement, Lilium stands out as one of the few eVTOL companies pursuing dual certification from both the European Union Aviation Safety Agency (EASA) and the FAA, solidifying its commitment to safety and global acceptance. The FAA's recognition further propels Lilium's mission to revolutionize urban mobility with its innovative eVTOL technology.

Alastair McIntosh, Lilium Chief Technology Officer stated: "This is a major step towards our goal of achieving early certification of our aircraft in key markets to support a worldwide entry into service."

Lilium is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods that offer leading capacity, low noise, and high performance with zero operating emissions.

Shares of Lilium trade on the NASDAQ under the ticker symbol LILM. For more information visit www.greenstocknews.com

https://greenstocknews.com/newswire/lilium-lilm-is-now-first-evtol-manufacturer-with-easa-and-faa-certification-basis

Disclaimer

This content is not financial advice and is for information, education and entertainment purposes only. Green Stock News is not responsible for any losses related to the financial decisions made by you. Video content and other materials including web content are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Green Stock News is not responsible for any gains or losses that result from the opinions expressed in this video or materials that it publishes electronically.

View original video news clips here: https://greenstocknews.com/green-stock-newswire

Contact

John Jewell

Director of Communications

Green Stock News

john@greenstocknews.com

SOURCE: Green Stock News