Lilium N.V. Overview
Pro stress-test →Lilium N.V. is in the process of liquidation of its remaining assets. Previously, the company was engaged in the research and development of electric vertical takeoff and landing aircrafts and jet for use in high-speed air transport system for people and goods.
Strategic Profile
Pro stress-test →The company was founded in 2015 and is headquartered in Gauting, Germany. The company's once-flagship Lilium Jet represented an advanced eVTOL technology platform featuring Ducted Electric Vectored Thrust propulsion, but faced operational and funding challenges that ultimately led to insolvency in 2024 and subsequent restructuring under investor consortium ownership.
Competitive Landscape
Pro stress-test →Lilium competed in the emerging eVTOL aircraft market alongside Joby Aviation, Archer Aviation, Vertical Aerospace Group, and Volocopter. Unlike survivors such as Joby and Archer that secured regulatory approvals and pilot program selections, Lilium failed to achieve production-ready certification and closed before commercializing its aircraft.
Industry Context
Lilium N.V. operates in Electric vertical takeoff and landing (eVTOL) aircraft development.
Key facts
Founded: 2015 · Headquarters: Gauting, Germany · Employees: 864 · Revenue: N/A · Market cap: <0.001B