History: This was the first project under the P.01 series, and was designed shortly after Lippisch arrived at the Messerschmitt A.G. It was part of the Project Xdesign period, which was the code name given the Me 163 project, and is dated November 20, 1939.
The Lippisch P.01-111 had a short fuselage, which included an air intake in the nose of the aircraft. It fed an unnamed turbojet engine located in the rear of the fuselage. The wings were swept back at approximately 24 degrees, and were very wide and of a short span. A single fin and rudder was mounted on the rear of the fuselage, and landing was accomplished on a retractable landing skid and tail skid. The single pilot sat in an unpressurized cockpit. Armament was to consist of two MG 151/20 20mm cannon, located in the wing roots on either side of the cockpit. This project did not evolve past the early design stage, as it was merely one of many projects designed as the Me 163 was becoming a reality.