GE Aerospace (NYSE:GE) partnered with Lilium N.V. (NASDAQ:LILM) to build a solid safety framework for eVTOLs as they near commercial launch.

As part of this partnership, GE Aerospace and Lilium will develop an OEM-level Flight Data Monitoring (FDM) or Flight Operations Quality Assurance (FOQA) program to oversee eVTOL safety across the entire fleet.

Additionally, the two companies will collaborate to offer a voluntary FDM program option for Lilium’s customers.

GE’s Event Measurement System platform will play a key role in Lilium’s aftermarket program, “POWER-ON,” which offers safe, efficient, and customer-focused solutions for Lilium Jet operators.

Through this platform, all Lilium customers will gain access to a suite of digital services designed to support daily operations with essential insights and actionable data.

Notably, eVTOLs are already in flight at dedicated demonstration and testing sites across the U.S., Europe, and Asia, with the first customer deliveries of the Lilium Jet expected in 2026. JP Morgan forecasts the market could reach up to $1 trillion by 2040.

Andrew Coleman, General Manager, GE Aerospace’s Software as a Service (SaaS) Group said, “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 eVTOL industry that will help to accelerate commercial scale adoption of this exciting new technology.”

Yesterday, GE Aerospace reported adjusted revenue growth of 6% Y/Y to $8.943 billion and GAAP revenue of $9.84 billion. The analyst consensus was $9.022 billion.

Investors can gain exposure to GE via IShares U.S. Aerospace & Defense ETF (BATS:ITA) and TCW Transform Systems ETF (NYSE:NETZ).

Price Action: GE stock was up 4.1% at $184.03 and LILM was up 5.44% at $0.5040 at the last check Wednesday.

Photo via Midjourney

Read Next:

• GE Aerospace’s Q3 Results Solid, But Segments Tell Different Stories: Analyst