Lilium Secures Partnership with GlobeAir for 12 eVTOLs

Under the agreement, GlobeAir intends to purchase 12 Lilium Jets to provide premium and business eVTOL flights to its customer base in the French Riviera and Italy.

Michael Wildes

Thursday, October 06, 2022 at 04:48 PM ET

Verified

Under the agreement, GlobeAir intends to purchase 12 Lilium Jets to provide premium and business eVTOL flights to its customer base in the French Riviera and Italy. [Courtesy: Lilium]

Key Takeaways:

eVTOL developer Lilium has partnered with private jet operator GlobeAir, which plans to purchase 12 Lilium Jets to launch premium air taxi services in the French Riviera and Italy.
GlobeAir's investment aligns with its long-term strategy for sustainability and advanced technology adoption, recognizing Lilium as a leading player in eVTOL research and development.
The partnership follows Lilium's recent successful test flight achieving a transition from hover to horizontal flight, as the company progresses towards EASA certification and planned commercial service by 2025.

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Germany-based electric vertical takeoff and landing (eVTOL) developer Lilium (NASDAQ: LILM) is partnering with private jet operator GlobeAir, who plans to purchase 12 of the aircraft for premium and business air taxi flights to its customer base in the French Riviera and Italy.

According to the eVTOL developer, GlobeAir will operate the Lilium Jets for first and last-mile service, transporting passengers to and from airports.