Lilium Starts Integration Testing of Lilium Jet Electrical Power System
Portfolio Pulse from Benzinga Newsdesk
Lilium (NASDAQ:LILM) has completed the first phase of integration testing for the Lilium Jet's electrical power system, marking a significant step towards flight conditions approval and type-certification.
August 21, 2024 | 11:10 am
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Lilium has successfully completed the first phase of integration testing for its Lilium Jet's electrical power system, a crucial step towards obtaining flight conditions approval and type-certification.
The successful completion of integration testing is a significant milestone for Lilium, as it progresses towards the certification of its Lilium Jet. This development is likely to positively impact investor sentiment and the stock price in the short term, as it demonstrates progress in the company's product development and regulatory approval process.
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