Lilium Interest Coverage

What does Lilium do? Lilium NV develops all-electric vertical take-off and landing jets, focusing on eVTOL aircraft for air transport systems. The company's primary product is the Lilium Jet, a seven-seater electric aircraft that takes off and lands vertically with low noise, utilizing Ducted Electric Vectored Thrust (DEVT) technology. DEVT features electric turbofans within cylindrical ducts, combined with battery technology, lightweight materials, sensors, and propulsion systems. Lilium also operates a digital platform integrating Lilium Jets with vertiports and offers online booking channels for flight reservations and travel product selection. The company makes money through the development and sale of its Lilium Jet aircraft, targeting customers in urban air mobility and logistics sectors. The digital platform and online booking channels generate revenue by facilitating flight bookings and travel product sales. Lilium's focus on eVTOL technology positions it to serve both passenger and cargo transport needs within its air transport system. Lilium NV's business model centers on selling its proprietary eVTOL aircraft and related services. The Lilium Jet is designed for urban air mobility, offering connectivity for people and goods. The digital platform supports the ecosystem by enabling seamless integration between aircraft and vertiports, while the online booking system drives customer acquisition and revenue through direct sales of flights and travel products. Lilium is one of the most popular companies on Eulerpool.