Lilium BV

Lilium NV develops all-electric vertical take-off and landing jets. The firm focuses on developing an eVTOL aircraft for use in a new type of high-speed air transport system for people and goods. It uses the Lilium Jet, to offer low noise and high performance with zero operating emissions, and to accelerate the decarbonization of air travel. The company was founded on March 11, 2021 and is headquartered in Wessling, Germany.

MUNICH, Germany, May 24, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its Q1 2023 Shareholder Letter. The Shareholder Letter, which discusses Lilium's progress towards important milestones in the development of its revolutionary Lilium Jet, can be accessed on the Lilium investor relations website.

Lilium releases Q1 2023 Shareholder Letter

Partnership includes a firm commitment for up to five Lilium Jets with pre-delivery payments Partnership includes a firm commitment for up to five Lilium Jets with pre-delivery payments

Lilium signs agreement with Air-Dynamic to serve Switzerland and Italy

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MUNICH, Germany, May 15, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM) today announced that it plans to release its First Quarter Fiscal Year 2023 Business Update before market open on Wednesday, May 24, 2023.

Lilium Announces May 24 Release of Q1 2023 Shareholder Letter

Lilium N.V. (LILM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Lilium N.V. (LILM) Upgraded to Buy: What Does It Mean for the Stock?

A scale model of Lilium's aircraft, complete with working engines, has begun wind tunnel testing. The announcement comes as U.S. regulators begin to look to a future where air taxis are flying above major cities.

Why Lilium Stock Shot Higher on Thursday

MUNICH, Germany, May 04, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, today announced the start of wind tunnel testing on a complete 1 to 2.5 scale (40% size) Lilium Jet model, including working engines and flap actuators, at the German-Dutch Wind Tunnels (DNW) facility in Marknesse, Netherlands.

Lilium Jet enters powered test campaign at Europe's largest wind tunnel facility

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Allows development of the Lilium Jet to continue at full pace towards 2025 certification Allows development of the Lilium Jet to continue at full pace towards 2025 certification

Lilium Announces Capital Raise for Up to $250 Million, with $100 Million Funded at Close

MUNICH, Germany, March 28, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its fiscal year 2022 Shareholder Letter. The Shareholder Letter, which discusses Lilium's achievement of important milestones in the development of its revolutionary Lilium Jet, can be accessed on the Lilium investor relations website.

Lilium releases Fiscal Year 2022 Shareholder Letter

MUNICH, Germany, March 28, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, and battery cell production partner, Customcells, are ramping up battery cell production of Lilium's high silicon content cells with weekly deliveries from Customcells production line in Tübingen, Germany. The production line will deliver thousands of cells annually and is on track to meet aviation standards for traceability and process control using a combination of standard cell production processes and a pre-lithiation process for high silicon content cells.

Lilium and Customcells ramp up silicon anode battery cell production

MUNICH, Germany, March 17, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM) today announced that it plans to release its Fiscal Year 2022 Business Update before market open on Tuesday, March 28, 2023.

Lilium Announces March 28 Release of Fiscal Year 2022 Shareholder Letter

I think this idea of battery-powered flight is really cool. But that doesn't mean that it's going to work financially. It's also possible to look at the specific finances of Lilium and claim - as I do claim - that they're not going to work.

Lilium Didn't Raise Enough Capital To Take Off

MUNICH, Germany, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has teamed with Collins Aerospace, to design, develop and build the Lilium Jet's inceptors – the innovative sidestick system used by the pilot to control the aircraft. Collins Aerospace is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry and a Raytheon Technologies business.

Lilium teams with Collins Aerospace to build new Innovative Inceptor System

MUNICH, Germany and HOOGERHEIDE, Netherlands, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, and GKN Aerospace, the world-leading developer of sustainable aerospace technology, have signed an agreement to work together to design and build an integrated and certifiable EWIS solution.

Lilium joins forces with GKN Aerospace for Lilium Jet's Electrical Wiring Interconnection System (EWIS)

MUNICH, Germany, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today that the Board of Directors has appointed Oliver Vogelgesang as Chief Financial Officer (CFO) and Sebastien Borel as Chief Commercial Officer (CCO) with immediate effect. Oliver Vogelgesang will take over from Geoffrey Richardson, who is stepping down following a successful tenure, including bringing Lilium through a listing on NASDAQ.

Lilium Appoints Oliver Vogelgesang as Chief Financial Officer and Sebastien Borel as Chief Commercial Officer

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Lilium N.V. (NASDAQ:LILM ) Q3 2022 Earnings Conference Call December 6, 2022 8:00 AM ET Company Participants Geoff Richardson - CFO Klaus Roewe - CEO Sebastien Borel - SVP, Commercial Conference Call Participants Colin Rusch - Oppenheimer Alex Potter - Piper Sandler Bill Peterson - JPMorgan Adam Forsyth - Longspur Capital David Zazula - Barclays Savanthi Syth - Raymond James Geoff Richardson Good morning, everyone.

Lilium N.V. (LILM) Q3 2022 Earnings Call Transcript

MUNICH, Germany, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its Third Quarter Business Update. Lilium will host a webcast and conference call to discuss the update today at 8:00 a.m. ET. The details for the webcast, in addition to the Third Quarter Shareholder Letter, can be accessed on the Lilium investor relations website https://investors.lilium.com/.

Lilium releases Q3 Business Update

OXFORD, United Kingdom and MUNICH, Germany, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced a contract with eVolare, a subsidiary of Volare Aviation, one of the United Kingdom's largest helicopter and private jet operators. This partnership includes a firm commitment for ten Lilium Pioneer Edition Jets, with an option to reserve an additional ten Lilium Pioneer Edition Jets.

Lilium expands into UK market with eVolare, signs binding contract including pre-delivery payment for up to 20 aircraft

Lilium N.V. — a German startup listed during the Covid-19 boom— revealed serious problems plaguing it from the start. The company's innovative founder couldn't bring Lilium to new heights. The newly appointed CEO needs to act quickly, otherwise cash is over.

Lilium: $119 Million Fundraiser Is The Last Chance To Survive

MUNICH, Germany, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM), today announced that it plans to release its Third Quarter Fiscal Year 2022 Business Update on Tuesday, December 6, 2022.

Lilium Announces Q3 '22 Business Update Webcast on December 6

MUNICH, Germany, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced the successful closing of a $119 million capital raise from existing shareholders, new investors, and strategic partners. Participants include Honeywell and Aciturri as well as LGT and its affiliated impact investor Lightrock, Tencent, B. Riley Securities and certain affiliates thereof. The closing of the capital raise occurred in part yesterday with closing for certain investors occurring shortly hereafter. Lilium's new CEO, Klaus Roewe, as well as three additional board members, Barry Engle, David Wallerstein and Niklas Zennström, also participated.

Lilium Announces Successful Closing of $119 Million Capital Raise to Fund Continued Development of New Electric Aircraft

The company is raising $119 million in additional capital.

News for Lilium BV Stock (LILM)