This second Li P.01-116 designation was for a tailless interceptor fighter, and was dated June 12, 1941. In this version, a jet engine was located in the fuselage bottom, and exhausted beneath the tail. One drawback to this arrangement would be the possibility of foreign matter being sucked into the intake on take off. As in the first P.01-116 design, the wing (which looks very similar to the Me 163 wing) was mounted mid-fuselage and featured a 27 degree sweep. A single fin and rudder was fitted to the rear of the fuselage, and the pilot sat in the forward fuselage under a one piece canopy. No landing skid or landing gear was designed at this point, but the armament was to consist of two MG 17 7.92mm machine guns in the nose and a further two MG 151 15mm cannon in the lower fuselage.