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Miami, Florida — Lilium N.V. (NASDAQ:LILM), developer of the primary all-electric vertical take-off and touchdown (“eVTOL”) jet and world pioneer in Regional Air Mobility (RAM), yesterday introduced their partnership with superior air mobility (AAM) operator UrbanLink to function Lilium Jets in South Florida. As a part of the settlement, UrbanLink will buy 20 Lilium Jets, with scheduled pre-delivery funds, and turn out to be the primary airline within the U.S. absolutely dedicated to integrating eVTOL plane into its fleet.
Newly launched, UrbanLink is led by Ed Wegel, a seasoned airline govt with 40 years of expertise in financing, operations, and distribution. Wegel has raised greater than $1 billion for aviation ventures and led FAA certifications for 2 U.S. Half 135 airways and several other U.S. Half 121 carriers, together with reaching the 2014 certification of Jap Air Strains’ 737-800 fleet in a record-breaking eight months. Most not too long ago, Wegel served as CEO & Founding father of GlobalX, America’s fastest-growing constitution airline. Wegel has additionally served as a board member for personal and public airways together with Atlantic Coast Airways, BWIA Worldwide Airways, and Jap Airways. He was additionally a key developer of JetBlue’s preliminary marketing strategy.
Wegel mentioned, “While many airlines have discussed the potential of operating eVTOL aircraft, none have made a definitive commitment. UrbanLink will be the first airline in the U.S. to integrate eVTOL aircraft into its fleet. We are dedicated to revolutionizing the way people move to and from as well as within urban cores. After thorough evaluation of various manufacturers, we found the Lilium Jet to be the optimal choice for our needs, thanks to its superior cabin design, range, capacity, and cost-effectiveness.”
Lilium’s partnership with UrbanLink marks a crucial milestone in accelerating the adoption of AAM in South Florida. UrbanLink’s entry into the area consists of plans to make the most of the community of Florida vertiports that Lilium and its companions have diligently labored on over the previous 5 years.
UrbanLink sees eVTOLs as a key driver of sustainable regional connectivity throughout South Florida. The Lilium Jet, with its deliberate launch vary, is poised to satisfy this imaginative and prescient by linking main cities resembling Miami, West Palm Seaside, Boca Raton, and Fort Lauderdale, extending seamlessly throughout the peninsula to Marco Island. The service launch is focused for 2026.
Sebastien Borel, Lilium’s Chief Business Officer, mentioned, “We are proud that UrbanLink has selected the Lilium Jet for its network and operations. This is a huge milestone, not only for Lilium, but for the commercialization of eVTOLs in the U.S. We believe that this purchase of eVTOL aircraft is the first by a commercial operator that isn’t invested in the manufacturer that it is purchasing from. This is a sign that the market for eVTOL aircraft has matured and there is growing demand for aircraft that can provide connections between, rather than just within, cities. I know that Ed has the vision and operational expertise to make regional air mobility a success.”
This order follows the beginning of meeting of the primary Lilium Jet on the finish of final yr with the primary piloted flight check of the Lilium Jet focused to happen in late 2024.
About Lilium:
Lilium (NASDAQ: LILM) is making a sustainable and accessible mode of high-speed, regional transportation for folks and items. Utilizing the Lilium Jet, an all-electric vertical take-off and touchdown jet, designed to supply main capability, low noise, and excessive efficiency with zero working emissions, Lilium is accelerating the decarbonization of air journey. Working with aerospace, expertise, and infrastructure leaders, and with introduced gross sales and indications of curiosity in Europe, the US, China, Brazil, the UK, the United Arab Emirates, and the Kingdom of Saudi Arabia, Lilium’s 950+ robust group consists of roughly 500 aerospace engineers and a management group answerable for delivering among the most profitable plane in aviation historical past. Based in 2015, Lilium’s headquarters and manufacturing services are in Munich, Germany, with groups based mostly throughout Europe and the U.S. To be taught extra, go to www.lilium.com.
About UrbanLink:
UrbanLink is a South Florida-based superior air mobility (AAM) firm devoted to revolutionizing city transportation by means of revolutionary air mobility options. Led by aviation business veteran Ed Wegel, UrbanLink is dedicated to creating smarter, extra environment friendly transportation methods that improve connectivity and sustainability in South Florida and past. UrbanLink is at present positioned to be the primary supplier of all electrical zero emission AAM options and is poised to make historical past as the primary airline within the U.S. to combine electrical vertical takeoff and touchdown (eVTOL) plane into its fleet. For extra info, go to www.flyurbanlink.com.
Press launch from Lily
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