Lilium Says Successfully Completed Fourth And Final Design Organization Approval Audit By The European Union Aviation Safety Agency
Portfolio Pulse from Benzinga Newsdesk
Lilium has successfully completed the fourth and final Design Organization Approval (DOA) audit by the European Union Aviation Safety Agency (EASA). This is a key milestone in Lilium's progress towards becoming an EASA DOA holder, a requirement for aircraft manufacturers.
July 06, 2023 | 11:32 am
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Lilium's successful completion of the EASA DOA audit is a positive development, demonstrating the company's capabilities and progress in the aviation industry.
The successful completion of the EASA DOA audit is a significant milestone for Lilium, demonstrating that the company has the necessary organization, procedures, competencies, and resources to design and certify aircraft. This could potentially boost investor confidence in the company's capabilities and future prospects, leading to a positive impact on its stock price in the short term.
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