nLIGHT Inc LASR shares are surging up by 2.8% to $13.32 on Tuesday afternoon after Benchmark upgrades the stock from Hold to Speculative Buy. The company recently announced a $34.5 million contract for DE M-SHORAD laser weapon system.
Lilium’s recent rare achievement validates their adeptness in designing safe aircraft that has positioned them as industry leaders for eVTOL aircraft certification in Europe. This remarkable feat, achieved after an intensive process since 2017, is pivotal for commercial aircraft manufacturers like nLight.
The approval serves as a “License to Operate,” confirming Lilium’s unwavering commitment to high safety standards. EASA commended Lilium for prioritizing safety, environmental concerns, and societal acceptance of Urban Air Mobility, fostering innovation in the aviation sector.
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According to data from Benzinga Pro, nLight has a 52-week high of $15.91 and a 52-week low of $8.13.