Lilium VTOL aircraft secured $90 million in funding to go to market

“Transportation technologies play a fundamental role in structuring our everyday lives. Lilium’s electric powered eVTOL aircraft offers new mobility options that can benefit people around the world. From under-developed regions with poor road infrastructure, to the developed world with traffic congestion and sprawl, new possibilities emerge when convenient daily flight becomes an option for all of us. Lilium offers a substantial and environmentally-friendly transportation breakthrough for humanity.” – David Wallerstein, Chief Exploration Officer at Tencent.

The company claims that the Lilium Jet can achieve a range of “more than 300 km (186 miles) with a maximum cruising speed of 300 km/h.(186 mph)”

When they made their maiden flight earlier this year, the German startup had a team of over 40 engineers working on bringing the aircraft to production – now they have grown to over 70 employees. They recently announced that they hired executives from Gett, Airbus and Tesla.