Lilium puts $2.5 million price tag on initial jets : vimarsa

Lilium puts $2.5 million price tag on initial jets


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.

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