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Münchner Lufttaxi start-up gets millions of investors

Tuesday, September 5th, 2017 | Gadgets

The development of small electric flying machines is characterized by a race of many suppliers. The company Lilium from Munich is now equipping itself with a powerful money syringe for the construction of an electrojet, which flies longer and faster than the competition.

          The German developer of electric aircraft Lilium has earned 90 million dollars of fresh money from investors. The company from Munich is developing a five-seat aircraft, which should go into series, co-founder and chief Daniel Wiegand on Tuesday of the German press agency. With the first money injection of more than ten million dollars Lilium had developed and tested a prototype that can start and land vertically. At the same time, unlike the competition models, the aircraft flies like a classic airplane rather than a big drone. In this way, the Lilium Jet can fly up to 300 kilometers in one hour flight and fly faster and farther than other electrical machines. The machine is driven by 36 electric motors in the wings.
      
        
      The Lilium team around CEO Daniel Wiegand (left) (Picture: Lilium)
    "We have built a prototype that demonstrates that the technology itself works – but the bigger one is the prototype to the approved standard aircraft," said Wiegand. For this reason, the scope of tests for approval, as well as the detailed design work, is now much higher. "We will certainly make a financing round before we are on the market in series, but you can make a lot with 90 million, also in the aircraft development." The work will take several years – "there are similar time horizons as in other flight projects". Lilium is planning a pilot for the next five to ten years, but "in the long term, we will see the autonomous operation," said Wiegand. Small electric aircraft that can be launched and landed vertically are to be used, for example, as air taxis. In addition to start-ups, the aircraft builder Airbus is also working on this. Only in the summer, Daimler invested in the also German aircraft developer Volocopter, who wants to test his dron-like machines in, among other places, Dubai. dpa

          
           

          
          
                
                    
          
            
                

                
        

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