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, 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.

Why Lilium Stock Is Down Today

MUNICH, Germany, Nov. 18, 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, today announced the pricing 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. Lilium's new CEO, Klaus Roewe, as well as three additional board members, Barry Engle, David Wallerstein and Niklas Zennström, are also participating.

Lilium Announces Pricing of $119M Capital Raise with Investment from Largest Shareholders, Key Strategic Partners, CEO, and Board Members to Fund Continued Development of New Electric Aircraft

Investors are worried the aerospace start-up will need more cash.

Why Lilium Stock Fell This Week

Clear vote of confidence by Shareholders for management and Board of Directors Clear vote of confidence by Shareholders for management and Board of Directors

Lilium N.V. holds First ever General Meeting of Shareholders

Saudi Arabia's national airline to be the first airline in the MENA region to invest in sustainable air mobility with plans to purchase 100 all-electric Lilium Jets and support certification across the region Saudi Arabia's national airline to be the first airline in the MENA region to invest in sustainable air mobility with plans to purchase 100 all-electric Lilium Jets and support certification across the region

Lilium and SAUDIA announce plan to bring Electric Air Mobility to Saudi Arabia

eVTOL is an extremely huge market for Lilium N.V. to grow for a very long time. Lilium's proprietary technology sets it apart from its competitors.

Lilium: Massively Undervalued If eVTOL Becomes Mainstream

Lilium has fallen below $2 after a promising SPAC transaction at $10 last year. The eVTOL manufacturer continues to add to the pre-order backlog and develop their UAM network plans.

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MONACO, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has announced a partnership with GlobeAir. Under the agreement, GlobeAir intends to purchase 12 Lilium Jets to provide premium and business eVTOL flights to its customer base in the French Riviera and Italy.

GlobeAir to serve Southern France and Italy with the Lilium Jet

Lilium N.V. (NASDAQ:LILM ) Q2 2022 Earnings Conference Call September 28, 2022 8:00 AM ET Company Representatives Klaus Roewe - Chief Executive Officer Geoff Richardson - Chief Financial Officer Sebastien Borel - Senior Vice President, Commercial Conference Call Participants Alexander Potter - Piper Sandler Colin Rusch - Oppenheimer Bill Peterson - JP Morgan Adam Forsyth - Longspur David Zazula - Barclays Savanthi Syth - Raymond James Geoff Richardson Good afternoon and good morning everyone!

Lilium N.V. (LILM) Q2 2022 Earnings Call Transcript

German air taxi developer Lilium Air Mobility plans to set up industrial capacity to make some 400 of its electrically powered Lilium Jet flying shuttles a year, while tapping schemes that provide public research support, its new chief executive said.

Lilium aims to build 400 air taxis a year, seek grants

MUNICH, Germany, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM), today published the convocation notice and agenda for its General Meeting of shareholders (the “General Meeting”), which will be held on Thursday, October 27, 2022 at 4:00 p.m. CEST (10:00 a.m. EDT) at the offices of Freshfields Bruckhaus Deringer LLP, Strawinskylaan 10, 1077 XZ Amsterdam, the Netherlands.

Lilium N.V. publishes convocation and agenda for its upcoming General Meeting of shareholders

MUNICH, Germany, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM), announced today that it will crowdsource questions from retail investors for its upcoming Q2 2022 business update webcast.

Lilium to Crowdsource Retail Investor Questions for its Q2'22 Business Update Webcast

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News for Lilium BV Stock (LILM)