Lilium Begins Construction of Certification Test Facility for the Lilium Jet with SEGULA Technologies
Portfolio Pulse from Benzinga Newsdesk
Lilium N.V. (NASDAQ:LILM) has started construction of an advanced test facility for the Lilium Jet in partnership with SEGULA Technologies. The facility, located near Munich, Germany, will be operational by late Summer 2024 and will be used for integration and certification testing of the Lilium Jet.
May 16, 2024 | 11:38 am
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Lilium N.V. has started building a new test facility for the Lilium Jet, which will be operational by late Summer 2024. This facility will be crucial for the certification and performance testing of the Lilium Jet.
The construction of the test facility is a significant step towards the certification and eventual commercialization of the Lilium Jet. This progress is likely to positively impact investor sentiment and the stock price in the short term.
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