Lilium 7-Seater Jet Has A Projected Cruise Speed Of 175 Mph At 10,000 Feet
Lilium GmbH has entered into a business agreement with Qell Acquisition Corp. Upon closing of the transaction, the company will be called Lilium, and it is anticipated that ordinary shares will be listed on the Nasdaq under the ticker symbol LILM. In concert with the business news, Lilium is talking up their 7 seat Lilium Jet program. The Lilium 7-Seater Jet has a projected cruise speed of 175 mph at 10,000 feet and a range of 155+ miles, including reserves. It is the culmination of five years of technology development across four generations of technology demonstrators, including Lilium’s full-scale 5-Seater.