Delegates watch Lilium Jet, an Evtol Vertical Electric Plane, in Company’s Standing … [+]
Lilium earlier this week announced a second bankruptcy and we are waiting for news if Volocopter has enough funds for a future – Meanwhile, China’s Ehang held a unmanned flight trial in Spain, claiming to be the first in Europe.
Is Evtol’s European dream ending just before the advanced air movement market (AAM) is removed?
Lilium first presented bankruptcy in October, although this was believed to be elected after a set of investments known as the mobile rise consortium increased during Christmas period with Christmas Funding to keep the company up. At that time, Lilium Claudius General Klaus Roewe said if the deal closed by the end of January, the company would be able to return to work. This seems to have not happened.
Last week, Lilium again presented bankruptcy, after several weeks of reports suggesting promised funds of 200m euros had not come to the electric aircraft manufacturer.
In a statement sent to reporters earlier this week, Lilium said: “While financing options to ensure the future of Lilium have not materialized in time, Lilium Aerospace has presented today for bankruptcy. While talks on alternative solutions are still ongoing, the chance for restructuring is now very impossible and therefore operations will stop.”
Awaiting Volocopter news
In addition to the problems of Lilium, the volocopter of his German aircraft Evtol (Electric Vertical Takeoff and Landing) presented for bankruptcy at the end of last year, STATEMENTS At a time when he hoped that investors could be found by the end of February.
A volocopter undoing air taxes flies over the marina bay during the test flight with a certainty … [+]
The Volocopter press office told me that external administrators and company management were still working on the issue, and hoped to have news at the beginning Aircraft systems to bring EVTOL services to France.
“Between the second bankruptcy of Lilium and the near point of Volocopter … there will be no first Evtol wave vehicle in Europe,” predicted Sergio Cecutta, an Analyst in SMG Consulting.
End of European Evtols?
This leaves the market open to leaders like Aviation Joby Aviation and Chinese Ehang.
“This means that the market will be in the hands of the US and, perhaps, the Chinese companies that will provide services in 2027/2028 and make Europe a tougher market for second wave companies working by air taxi in the region,” Cecutta added.
There is still hope in the United Kingdom, as Hunt Vertical Aerospace for investment ended positively last year, gaining investment from main supporter Mudrick Capital, as well as a $ 90 million funding, allowing Maker Evtol to continue working, marking a January historic moment on January One January with one January with one January with one January with one January with one January with one January one January with one January one January with one January one January with one January with one January one January with one January one January with one January one January one January one January one January one January one January one January one January one January one January one January one January one January one January one January one January one January one January one January one January one January with one Jan. January on January One January on January on January. Piloted Hover flight test.
Ehang Tests Evtols in Europe
Emphasizing the gap between European and Chinese efforts Evtol, Ehang Today announced the successful test flight of his autonomous Eh216 pilotless Evtol in Benidorm, Spain. The company said: “This is the first urban flight of a Pilotless Evtol aircraft in Europe.”
EHAND’S EH216-S Pilotless Electric without pilot vertical flight and landing (Evtol) plane … [+]
The test flight was within a controlled airspace and presented a dozen drone at the same time through Spain’s air traffic control system.
“EH216 Flight in Benidorm, the first demonstration of Pilotless Evtol aircraft in a European city under the rules of EASA (European Aviation Security Agency), marks a key step in the future of urban aviation,” the company added. “This demonstration proves the realizability of integrating unmanned aircraft systems into urban environments while in full compliance with the strict security frameworks and the European regulator, and its success sets a precedent for future urban movement settings across the continent.”
Happened what happened to European Evtols?
It is unclear exactly what happened to Lilium, in addition to the high costs of such aircraft development – reports set its costs over 1.5 billion euros.
Said co -founder Patrick Nathen Linkedin: “In a pure personal note, reflecting on past events, I want to share a new key lesson with my founders: Never give control of your start. Never. “
Lilium and Volocopter were both hit by the German government by withdrawing credit support, though previously Cecutta Told me That there is simply not enough money that slips around Europe, making it more difficult to raise capital than in the US or China.
“There will be more bankruptcy for sure … But some of them will
Germany -based Volocopter 2x Taxi Air Taxi is flown by test pilot Damian Hischier during a … [+]
Be in smaller companies with a significant impact less on the industry and news cycle, “Cecutta told me.” As a measuring stick, taking AAM’s 60 best companies on the planet, they will need $ 40 billion plus to prove their vehicles. And in today’s climate, even one tenth of this number is a big question. “
Cecutta added that European obstacles of the market Evtol were not caused by slow regulators – on the contrary, the European Union Aviation Security Agency directed the field when it came to work with companies to prove. “Finally, for EASA, who took all the right steps from the gate to be a regulatory leader around the world, means falling behind FAA when it comes to EVTOLS certification experience,” Cecutta noted.
Whether another consortium goes to save lilium remains to be seen, but without more funding, the European Evtol market seems grounded.