Continue Discussion - visit the forum 12 replies
February 25

MuffinMan

After spending hundreds of millions of dollars with no return whatsoever, the fallacy is exposed and reality hits home.

February 25

Moon

Please list the top officers salaries during this fantasy ride?

1 reply
February 25 ▶ Moon

NopeNotThat

I never get invited to these rides (sniffs) I’m just a lowly medical professional.

Good to see the “how do you make a million in aviation” joke comes thru again. Always does…sometimes several times (Eclipse anyone?)

February 25

kent.misegades

Where is the editor’s Mea Culpe. ie “We now admit our readers were smarter than we are when it comes to electric aircraft.” ? What is not mentioned here is that Lilium’s management was former Airbus executives who knew how to milk EU governments for grants, loans, and other incentives. You can bet they did not invest a penny from their fat pensions from a heavily-subsidized Airbus.

2 replies
February 25 ▶ kent.misegades

Larry_S

Too bad music doesn’t accompany these failed airplane idea articles:
Boom … boom … boom … “another one bites the dust”
by Queen

February 25

Butch_Gilbert

I think salient fact regarding electric aviation is the physics of battery energy density is totally inappropriate at this time, but also that electric flight is economically unfeasible. How many EVTOL companies have gone belly up?

February 25

Arthur_Foyt

We already have VTOL aircraft that meet the capacity and range requirements.
A new propulsion clean sheet design is already at a financial disadvantage.
Another $200 million just makes a taller financial hole to dig out of.

February 25

niio

Batteries do not have the energy density required for flight. VTOL is the most demanding way to get airborne, requiring twice the power of a conventional takeoff. Lots of small diameter rotors, shrouded or not, are much less efficient that a single large rotor at producing the lift needed for vertical flight.

Multiply all these obstacles and you get a system with at least a hundred to one disadvantage vs helicopters that began flying nearly a hundred years ago. How does this kind of thing get funded? It doesn’t burn kerosene at point of use.

February 25 ▶ kent.misegades

rpstrong

Where is the editor’s Mea Culpe. ie “We now admit our readers were smarter than we are when it comes to electric aircraft.” ?

From what I’ve seen (and read), the editors have been quite neutral on the subject, simply reporting the news. I have seen assertions from the more rabid anti-eVTOLers that doing just that - reporting - amounts to support of the concept, but I don’t think the more astute readers would agree.

Does reporting on EAGLE, PAFI, or DEI endorse those programs?

Lilium’s management was former Airbus executives who knew how to milk EU governments for grants, loans, and other incentives.

I did some digging, but couldn’t find those grants, loans, and other incentives. I did find news of Germany declining to back a Nice Big Loan, which caused Bavaria to also do the same.

You can bet they did not invest a penny from their fat pensions from a heavily-subsidized Airbus.

Digging up investment data can be a little tricky, with paywalls being common. However, I did find the top ten Class A stock holders from MarketScreener (as of 12/30/24). Four of the top ten (including the top three) were institutional investors. The remaining six (including the Lilium founder) were directors/board members.

February 25

Raf

:slightly_smiling_face: If nothing else, eVTOL failures are doing a public service by giving us, the peanut gallery, endless material. The common theme? Ambition collides with reality, battery limitations, high costs, and infrastructure challenges keep grounding the eVTOL dream.

February 26

roganderson60

Did this ever fly in a full size version, or even in a scaled down completion?

1 reply
February 28 ▶ roganderson60

rpstrong

Yes - first as an unmanned two seater, next in a five seat version which can be seen in numerous videos - search for “lilium test flights”. The five seater was lost in a ground fire during maintenance, and development efforts shifted to what would have been their 7-seat production model.