LILM LILIUM NV

Lilium partners with Honeywell and DENSO to co-develop and manufacture electric motor for Lilium Jet

Lilium partners with Honeywell and DENSO to co-develop and manufacture electric motor for Lilium Jet

Already Lilium’s avionics partner and investor, Honeywell will also develop propulsion solution together with automotive giant DENSO

MUNICH, Germany, May 23, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has partnered with Honeywell and DENSO, who will co-develop and manufacture the Lilium Jet’s electric motor (e-motor) that will power the Lilium Jet’s engines.

Honeywell is already developing the Lilium Jet’s avionics and flight control systems and invested in Lilium in 2021. A leader in aerospace technologies with over 100 years of experience, Honeywell also has an alliance with automotive giant DENSO to develop aerospace electric propulsion solutions. Through this collaboration, the Lilium Jet’s e-motor will benefit from Honeywell’s aerospace expertise as well as DENSO’s experience in high-quality volume production.

The Lilium e-motor is a proprietary, high-performance system, on which Lilium, DENSO and Honeywell teams have been working for nearly two years. It is expected to bring exceptional performance and reliability with zero operating emissions typically associated with commercial jet engines. An air-cooled design offers structural simplicity and ease of maintenance compared with traditional liquid cooling systems, and therefore has the potential to significantly reduce aircraft operating costs.

The e-motor has its rotor and stator in a centrifugal or ‘radial’ configuration, compared to traditional axial designs. This lowers the component’s weight, manufacturing costs and susceptibility to foreign object damage. It also boasts industry-leading power density, with the first prototypes designed to extract over 100kW of power from a system weighing just over 4kg.

Yves Yemsi, Chief Operating Officer of Lilium said: “Lilium’s Procurement strategy is to engage with the technology providers with the most suitable expertise. We are already making great progress with Honeywell on its Honeywell Anthem integrated flight deck and flight control computers, and we are delighted to deepen our relationship by also partnering with Honeywell and DENSO on our e-motor. The collaboration with these two powerhouses takes us further along the path to revolutionizing regional air mobility.”

Stéphane Fymat, vice president and general manager of Urban Air Mobility, Honeywell Aerospace said: “Honeywell has been at the forefront of innovation in aviation for a century, and we are proud to closely collaborate with DENSO and help usher in the age of electric flight. Lilium’s innovation, combined with our experience in aerospace, will help to bring about cleaner, more sustainable ways for people to travel for centuries to come.”

Koji Ishizuka, senior director of the Electric Sora-Mobi Business Promotion Department at DENSO, said: “DENSO’s focus is powering the shift to a green, safe and seamless mobility future for all. We’re grateful to work with Honeywell and Lilium on making air travel cleaner and more efficient, and in doing so, we have the opportunity to apply our electrification expertise to vehicles on land and in the sky.”

Contact information for media:   

Meredith Bell, Lilium 

 

 

   

Juliet Collins-Achong, Honeywell



Andrew Rickerman, DENSO

Phone: (248) 372-8342

Mobile: (734) 560-8752

Email:

About Lilium  

Lilium (NASDAQ: LILM) is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods. Using the Lilium Jet, an all-electric vertical take-off and landing jet, offering leading capacity, low noise and high performance with zero operating emissions, Lilium is accelerating the decarbonization of air travel. Working with aerospace, technology and infrastructure leaders, and with planned launch networks announced in Germany, the United States and Brazil, Lilium’s 750+ strong team includes approximately 450 aerospace engineers and a leadership team responsible for delivering some of the most successful aircraft in aviation history. Founded in 2015, Lilium’s headquarters and manufacturing facilities are in Munich, Germany, with teams based across Europe and the U.S. To learn more, visit . 

Forward-Looking Statements  

This communication contains certain forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding Lilium N.V.’s proposed business and business model, the markets and industry in which Lilium N.V. and its subsidiaries (collectively, the “Lilium Group”) operate or intend to operate, the anticipated timing of the commercialization and launch of the Lilium Group’s business in phases, the anticipated results and benefits of Lilium’s collaboration with Honeywell and DENSO and the expected results of the Lilium Group’s business and business model, including when launched in phases. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on management’s current expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. Actual events or results may differ materially from those contained in the projections or forward-looking statements.  Factors that could cause actual future events to differ materially from the forward-looking statements in this communication include those discussed in Lilium’s filings with the U.S. Securities and Exchange Commission (“SEC”), including its Annual Report of Form 20-F, all of which are available at For more information, see the section entitled “Cautionary Note Regarding Forward-Looking Statements” in Lilium’s Annual Report on Form 20-F and in other filings. Forward-looking statements speak only as of the date they are made. You are cautioned not to put undue reliance on forward-looking statements, and the Lilium Group assumes no obligation to, and does not intend to, update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

A photo accompanying this announcement is available at  



EN
23/05/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on LILIUM NV

 PRESS RELEASE

Lilium Launches M&A Process with KPMG, Targets Program Continuation To...

Lilium Launches M&A Process with KPMG, Targets Program Continuation Towards First Flight and Certification KPMG mandated for a structured M&A process – first investor briefings to start soonLocal court approved insolvency filings of Lilium’s German subsidiaries and appoints custodian and Chief Insolvency Officers (CIOs)The Lilium business remains fully focused on re-emerging following restructuring; setting sights on fresh investment to support the all-electric Lilium Jet’s path to certification and entry into serviceTeams on the ground continue to work towards achieving program milestones;...

 PRESS RELEASE

Lilium N.V. Receives Notice of Delisting from Nasdaq

Lilium N.V. Receives Notice of Delisting from Nasdaq MUNICH, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (the “Company” or “Lilium”), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), on Tuesday, October 29, 2024, announced in a Form 6-K filed with the Securities and Exchange Commission that the Company received a written notice from the staff of the Nasdaq Listing Qualifications Department (the “Staff”) on October 28, 2024, following the applications of Lilium GmbH and Lilium eAircraft GmbH, the principal operating wholly-owned German s...

 PRESS RELEASE

Lilium, GE Aerospace partner to deliver eVTOL flight safety

Lilium, GE Aerospace partner to deliver eVTOL flight safety Two companies combining their flight data and analytics platforms to inform eVTOL flight safety standardsLilium to deploy GE technology to all Lilium Jet operators, starting with Lilium’s own flight test campaignGE Aerospace’s Event Measurement System (EMS) is used globally by 60 airlines and more than 500 business jet operators LAS VEGAS, Oct. 23, 2024 (GLOBE NEWSWIRE) -- With eVTOLs on the cusp of taking off commercially in the coming years, is partnering with , a leading electric aircraft manufacturer and pioneer in Regi...

 PRESS RELEASE

Lilium Powers On First Lilium Jet in Significant Milestone Towards Fir...

Lilium Powers On First Lilium Jet in Significant Milestone Towards First Flight Systems power-on paves the way for start of Lilium Jet ground testing campaignThe first Lilium Jet – MSN 1 – will be used to confirm safety for first piloted flight planned for early 2025MSN 2, the first aircraft that Lilium will fly with a pilot on board, is now in final assembly MUNICH, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has completed the first systems power-on milestone of its revolutionary all-el...

 PRESS RELEASE

Lilium Debuts Jet in U.S. at Houston Hobby Airport and Signs Infrastru...

Lilium Debuts Jet in U.S. at Houston Hobby Airport and Signs Infrastructure Partnership with Galaxy FBO Houston-based aircraft brokerage EMCJET will showcase the Lilium Jet for the very first time in the U.S. at Galaxy FBOGalaxy FBO is partnering with Lilium to ensure accessibility for the Lilium Jet at their Houston-area facilities – Houston Hobby Airport, Conroe North Houston Regional Airport, and The Woodlands HeliportLilium is collaborating with The Greater Houston Partnership to host a discussion with industry leaders on how electric aviation will revolutionize regional travel in the H...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch