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Electric jet startup Lilium to use carbon fibre from Toray

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Lilium, a German aerospace startup developing a small vertical-lift electric jet aircraft, and Toray Industries, a manufacturer of carbon fiber, have signed an agreement for the supply of “higher performance” carbon fiber composite.

The Lilium Jet is a five-seater, emissions-free aircraft that can take off and land vertically and is designed to provide high-speed regional connections of up to 300km in under 60 minutes.

The aircraft’s primary structures, such as the fuselage, wings and flaps will all be made from carbon fiber. [Read more…] about Electric jet startup Lilium to use carbon fibre from Toray

Electric air taxi startup Lilium raises another $35 million to take total investment to $375 million

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Lilium, the Munich-based aviation company developing an all-electric, vertical take-off and landing aircraft for regional air mobility, has raised another $35 million. 

The company says investment management partnership, Baillie Gifford, the new investor, is known for its track record of investing in high-impact technology companies such as Amazon, Tesla, Airbnb, Spotify and SpaceX.

Baillie Gifford has invested $35m in Lilium, extending the startup’s current funding round to more than $275 million, and total investment to date to more than $375 million. [Read more…] about Electric air taxi startup Lilium raises another $35 million to take total investment to $375 million

Lilium jet awarded prestigious ‘Best of the Best‘ Red Dot design award

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Lilium, the Munich-based startup developing an on-demand air taxi service, has been awarded one of the world’s most prestigious design accolades for its work on the Lilium Jet.

The Lilium Jet, a five-seater all-electric vertical take-off and landing aircraft, was selected for a “Best of the Best” award by the Red Dot Design Award organization in its 2019 “Design Concept” competition.

From more than 4,200 entries the international judging panel selected fewer than 1 per cent to receive this award which celebrates the design of novel concepts and products that are not yet in the market. [Read more…] about Lilium jet awarded prestigious ‘Best of the Best‘ Red Dot design award

Lilium launches air taxi. Flying cars could take to the skies next

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Flying cars have been around a long time, but only as test vehicles, often engineered and built by tinkerers who may have been seen as somewhat eccentric for even dreaming up such a machine.

But in the past couple of years, these “eccentric tinkerers” have been usurped by corporate bigwigs who maybe see a big market for the technology.

In the most recent development, a German company called Lilium has completed a successful test flight with its all-electric flying car.

[Read more…] about Lilium launches air taxi. Flying cars could take to the skies next

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