Companies / Lilium
Lilium
📍 Munich, Germany🗓 Founded 2015💰 $1B+ (pre-insolvency)
Lilium pioneered the electric jet propulsion concept using ducted fans embedded in wings rather than open rotors — enabling higher cruise speeds and quieter operation. The original company entered insolvency in late 2023; assets were acquired and a new entity (Lilium GmbH) was formed in early 2024 continuing development.
$1B+ (pre-insolvency)
Total Funding
1
Aircraft Models
3
Target Cities
4
Backers
INVESTORS & BACKERS
Tencent
Freigeist Capital
Atomico
New entity: various
TARGET CITIES
Munich, GermanyPLANNED
Florida, USAANNOUNCED
Saudi Arabia, Saudi ArabiaANNOUNCED
Fleet
Lilium Pioneer Edition
Vectored Thrust·piloted·First flight 2019
PrototypeEASA
6 pax
Passengers
300 km/h
Max Speed
300 km
Range
3,000 m
Altitude
3,175 kg
MTOW
36
Rotors
60 dB
Noise
2026
Cert Target
KEY HIGHLIGHTS
- ·36 electric ducted fans embedded in canards and wings — unique jet-like propulsion
- ·No exposed rotors — significantly quieter and safer for urban operations
- ·Highest cruise speed and range of any eVTOL concept at 300 km/h / 300 km
- ·Original company entered insolvency Nov 2023; new Lilium GmbH formed Feb 2024
- ·New entity secured €100M+ to continue flight testing
- ·Ducted fan tech has applications in regional aviation beyond urban air mobility
SOURCES
Lilium NV Annual Report 2022Insolvency filing announcement Nov 2023New Lilium GmbH formation announcement Feb 2024EASA Type Certification application 2021