## GE Aerospace and Lilium Team Up to Enhance eVTOL Safety as Commercial Launch Nears
In a significant move towards bolstering the safety of electric vertical takeoff and landing (eVTOL) aircraft, GE Aerospace has partnered with Lilium N.V., a leading eVTOL developer, to establish a robust safety framework. This collaboration comes as Lilium prepares for the commercial launch of its innovative eVTOL, the Lilium Jet, with first deliveries expected in 2026.
At the heart of this partnership lies the development of an OEM-level Flight Data Monitoring (FDM) or Flight Operations Quality Assurance (FOQA) program. This program will encompass the entire Lilium fleet, ensuring comprehensive oversight of safety and performance across all operations. Furthermore, GE Aerospace and Lilium will collaborate to offer a voluntary FDM program option for Lilium’s customers, further enhancing safety assurance for all stakeholders.
GE’s advanced Event Measurement System (EMS) platform will play a pivotal role in Lilium’s ‘POWER-ON’ aftermarket program. This platform, designed to offer safe, efficient, and customer-focused solutions for Lilium Jet operators, will provide all customers with access to a suite of digital services. These services will deliver essential insights and actionable data, supporting daily operations and optimizing performance.
With eVTOLs already in flight at dedicated demonstration and testing sites across the U.S., Europe, and Asia, the partnership between GE Aerospace and Lilium signifies a crucial step towards the widespread adoption of this groundbreaking technology. JP Morgan forecasts the global eVTOL market to reach a staggering $1 trillion by 2040.
“Together with Lilium, a leader in the eVTOL space, we’re bringing together OEM-level flight data monitoring and quality assurance capabilities of EMS with Lilium’s eVTOL jet-related analytics platform to establish a robust safety foundation for the eVTOL industry,” said Andrew Coleman, General Manager, GE Aerospace’s Software as a Service (SaaS) Group. “This collaboration will help to accelerate commercial scale adoption of this exciting new technology.”
GE Aerospace recently reported adjusted revenue growth of 6% year-over-year, reaching $8.943 billion. The company’s GAAP revenue reached $9.84 billion, surpassing analyst consensus expectations of $9.022 billion. Investors can gain exposure to GE through the IShares U.S. Aerospace & Defense ETF (ITA) and TCW Transform Systems ETF (NETZ).
In response to the news, GE stock climbed 4.1% to $184.03, while LILM shares surged 5.44% to $0.5040 at the last check on Wednesday.
The partnership between GE Aerospace and Lilium highlights the growing importance of safety and data analytics in the rapidly evolving eVTOL sector. This collaboration not only sets a new standard for eVTOL safety but also accelerates the industry’s path towards commercialization and widespread adoption.
