Lilium

That Lilium chose to invest some of its limited financial resources in its battery cell supplier Ionbox has raised a few eyebrows.

The Advanced Air Mobility Composite for publicly held AAM companies ticked up slightly during the week ending Feb. 17.

Japan’s Toray Industries is to establish a materials research center for sustainable technologies and next-generation mobility, including eVTOL vehicles.

While the list shares some of the top names in common with comparable rankings from SMG Consulting and Aviation Week, there are also some notable differences.

Advanced battery developer Ionblox has increased its Series B funding round to $32 million.

Last week’s only gainer from the AAM Composite was additive-manufacturing services company Velo 3D.

The pre-Series A funding round was led by Grand Flight Investment, a Shanghai-based industrial investment fund.

Volocopter ascended to the second-highest slot on the AAM Reality Index in February.

The Advanced Air Mobility Composite for publicly held AAM companies rallied by 10.6% during the week ending Jan. 27.

With a 1-kilovolt, 2.5-megawatt electrical system, the Lilium Jet needs new wiring interconnection systems, which will be developed by GKN Aerospace.

Certification, production and funding are key challenges for the eVTOL industry.

The Advanced Air Mobility Composite for publicly held AAM companies slipped slightly during the week ending Jan. 20.

The AAM Composite advanced by nearly 15% between Jan. 9 and Jan. 13.

Enabling type certification of electric air taxis is a priority for the FAA, but equally important is ensuring these new types of aircraft can operate at scale in the U.S. national airspace system, FAA Administrator Steve Dickson has told Aviation Week.

The avionics and flight control systems for Lilium’s seven-seat electric regional air taxi will be supplied by Honeywell.

German regional air mobility startup Lilium is to go public in a deal expected to provide up to $830 million in funds to complete certification, begin production and launch commercial operation of its piloted seven-seat Lilium Jet air taxi in 2024.

As it ramps up plans to launch its regional air mobility service, German startup Lilium has partnered with airport constructor and operator Ferrovial to develop and operate a network of at least 10 vertiports across Florida.

German electric aircraft start-up Lilium has partnered up with Dusseldorf and Cologne/Bonn airports to study air mobility networks in the region.

German air taxi startup Lilium is in “detailed discussions” with major suppliers as it prepares the next stage in development and service-entry of its Lilium Jet after concluding an agreement with Toray Industries to deliver composites for the aircraft’s structure.

With plans to operate as well as produce its electric air taxis, German startup Lilium has unveiled its thinking on modular vertiports that could start small, but scale up quickly as the market takes off.