PRESS RELEASE

from Green Stock News

Lilium ($LILM) Receives Federal Aviation Administration G-1 Certification Basis

SAN DIEGO, CA / ACCESSWIRE / JUNE 27, 2023 / Lilium (NASDAQ: LILM), a leading developer of all-electric vertical take-off and landing aircraft, has announced that it has received the Federal Aviation Administration (FAA) G-1 Certification Basis, a crucial step in the type certificate validation process for its Lilium Jet in the United States. This comes after Lilium obtained certification basis from the European Union Aviation Safety Agency (EASA) in 2020, establishing its primary airworthiness authority.

With this achievement, Lilium stands out as one of the few eVTOL companies pursuing dual certification from both the European Union Aviation Safety Agency (EASA) and the FAA, solidifying its commitment to safety and global acceptance. The FAA's recognition further propels Lilium's mission to revolutionize urban mobility with its innovative eVTOL technology.

Alastair McIntosh, Lilium Chief Technology Officer stated: "This is a major step towards our goal of achieving early certification of our aircraft in key markets to support a worldwide entry into service."

Lilium is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods that offer leading capacity, low noise, and high performance with zero operating emissions.

Shares of Lilium trade on the NASDAQ under the ticker symbol LILM. For more information visit www.greenstocknews.com

https://greenstocknews.com/newswire/lilium-lilm-is-now-first-evtol-manufacturer-with-easa-and-faa-certification-basis

Green Stock News, Monday, June 26, 2023, Press release picture

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