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Lilium Jet partners with EMCJET to become first eVTOL for private sale in US
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Oct 18, 2023
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Passenger eVTOL Aircraft

Passenger eVTOL Aircraft

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Oct 18, 2023

Lilium Jet partners with EMCJET to become first eVTOL for private sale in US

Product updates
Partnerships

  • Lilium, an eVTOL jet developer, has partnered with EMCJET, an aircraft brokerage and management company, to commence private sales of its eVTOL jets in the US market.

  • Under the partnership, EMCJET will be the exclusive dealer of Lilium's eVTOL jets in Texas until 2030, allowing individuals to purchase the jets for private use. Lilium’s jets will be available across the US, with an initial focus on key cities in Texas, including Austin, Houston, San Antonio, and Dallas. The partnership marks Lilium's fourth dealer globally.

  • Analyst QuickTake: In July 2023 , Lilium raised USD 192 million in funding. The company intended to use the funds to cover the costs of its development program and the capital required to achieve its first manned flight, which is set to be carried out in 2H 2024.

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