Latest Breaking News On - அலெஸ்டர் ம்ஸிஂடோஶ் - Page 1 : comparemela.com
Greening Up — Imagine Doing Different
castlegarsource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castlegarsource.com Daily Mail and Mail on Sunday newspapers.
Looking to fight back against global warming
scottishfield.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scottishfield.co.uk Daily Mail and Mail on Sunday newspapers.
Music, dance and theatre adds up to summer of fun
obantimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from obantimes.co.uk Daily Mail and Mail on Sunday newspapers.
By Dominic Perry2021-05-13T14:16:00+01:00
German electric aviation start-up Lilium is aiming to sell its seven-seat Lilium Jet for an initial unit cost of $2.5 million, according to documents filed as part of its US stock market listing.
Lilium is merging with a US-listed ‘blank cheque’ company called Qell Corporation as it seeks additional financial resources to bring the jet to market.
Source: Lilium
Service entry is scheduled for 2024
The cost estimate is contained in a registration document filed on 5 May with the US Securities and Exchange Commission as part of that process.
“At launch we expect jet unit costs of approximately $2.5 million, which we anticipate will decrease as we scale up our manufacturing operations,” the document says.
By Dominic Perry2021-04-22T08:39:00+01:00
Germany’s Lilium expects in the near future to resume flight tests of its five-seat Lilium Jet demonstrator, even as it works towards the arrival of a larger seven-seat prototype in 2022.
Flight-test activity at the German start-up has been curtailed since early 2020 when an electrical fire destroyed its previous five-seat demonstrator.
Source: Lilium
Commercial launch will be with seven-seat design
However, in the wake of a recent takeover and stock market listing announcement, and the switch to a larger aircraft, the company is keen to prove out its technology ahead of a certification campaign that is scheduled to last little more than a year.