FAA Issues G-1 For Lilium Jet, Making Lilium eVTOL Manufacturer With EASA And FAA Certification Basis For A Powered Lift eVTOL Aircraft
Portfolio Pulse from Benzinga Newsdesk
Lilium N.V. (NASDAQ:LILM) has received the FAA G-1 Certification Basis for its all-electric vertical take-off and landing (eVTOL) jet, making it the first eVTOL manufacturer with both EASA and FAA certification basis for a powered lift eVTOL aircraft.
June 26, 2023 | 9:16 am
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Lilium N.V. (LILM) has achieved a significant milestone by obtaining the FAA G-1 Certification Basis for its eVTOL jet, making it the first eVTOL manufacturer with both EASA and FAA certification basis.
Receiving the FAA G-1 Certification Basis is a significant milestone for Lilium N.V. (LILM) as it validates the company's eVTOL jet and brings it closer to commercialization. This achievement makes Lilium the first eVTOL manufacturer with both EASA and FAA certification basis, which could potentially boost investor confidence and positively impact the stock price in the short term.
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