NC Company Overview
Lilium Aviation is an aircraft company that is looking to revolutionize urban travel. It is designing and developing the Lilium Jet, a small passenger aircraft that is entirely electric, fast, and quiet, and which can be used to travel up to 300km in an hour. The vision is for this to be used to connect suburbs to cities and to allow for extremely fast and convenient intercity travel for the public – also reducing traffic and carbon emissions.
Lilium Aviation, based in Munich, Germany, was established in 2015 by its co-founders, Matthias Meiner, Patrick Nathen, Sebastian Born, and Daniel Wiegand. It has received more than $100 million USD from investment partners including Atomico, Tencent, LGT, Obvious Ventures, and Friegeist. It has won a number of industry, business, and technology awards, including the FT Boldness in Business Award in 2019, a Stevie Award for Most Innovative Company of the Year in 2018, and an Early Stage Company of the Year Award in 2017, demonstrating how quickly the business has become a major innovator.
As of May 2019, Lilium Aviation has created its five-seater Lilium Jet and plans to have it fully operational and available for public use in cities around the world in 2025.