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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 international 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 change into 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 lately, 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, “Whereas many airways have mentioned the potential of working eVTOL plane, none have made a definitive dedication. UrbanLink would be the first airline within the U.S. to combine eVTOL plane into its fleet. We are devoted to revolutionizing the way in which individuals transfer to and from in addition to inside city cores. After thorough analysis of assorted producers, we discovered the Lilium Jet to be the optimum alternative for our wants, due to its superior cabin design, vary, capability, and cost-effectiveness.”
Lilium’s partnership with UrbanLink marks a important 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 equivalent to 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’re proud that UrbanLink has chosen the Lilium Jet for its community and operations. It is a enormous milestone, not just for Lilium, however for the commercialization of eVTOLs within the U.S. We imagine that this buy of eVTOL plane is the primary by a industrial operator that isn’t invested within the producer that it’s buying from. It is a signal that the marketplace for eVTOL plane has matured and there may be rising demand for plane that may present connections between, fairly than simply inside, cities. I do know that Ed has the imaginative and prescient and operational experience to make regional air mobility successful.”
This order follows the beginning of meeting of the primary Lilium Jet on the finish of final yr with the primary piloted flight take a look at 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 individuals 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+ sturdy crew consists of roughly 500 aerospace engineers and a management crew answerable for delivering a number of the most profitable plane in aviation historical past. Based in 2015, Lilium’s headquarters and manufacturing amenities are in Munich, Germany, with groups based mostly throughout Europe and the U.S. To study 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 revolutionary air mobility options. Led by aviation trade veteran Ed Wegel, UrbanLink is dedicated to creating smarter, extra environment friendly transportation programs that improve connectivity and sustainability in South Florida and past. UrbanLink is presently 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 Lilium.
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