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, 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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Lilium's Air Taxi Is Arriving too Early

Lilium is better funded than they look on paper. A lean and simple design offers Lilium a sneaky manufacturing advantage.

Lilium's Less-Obvious Advantages

MUNICH, Germany, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM), today announced that it plans to release its Second Quarter Fiscal Year 2022 Business Update on Wednesday, September 28, 2022.

Lilium Announces Q2 '22 Business Update Webcast on September 28

Leading Tier 1 aerospace supplier will collaborate with Lilium to develop, manufacture, and support the Lilium Jet's cabin interior Leading Tier 1 aerospace supplier will collaborate with Lilium to develop, manufacture, and support the Lilium Jet's cabin interior

Lilium Engages Diehl Aviation for Lilium Jet's Cabin Interior

FARNBOROUGH, United Kingdom, July 20, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has signed an agreement with Helity Copter Airlines (“Helity”) to develop an eVTOL network in Andalusia. Under the agreement, Helity intends to initially purchase five (5) Lilium Jets to provide premium and business charter flights to its customers.

Helity and Lilium join forces to bring high speed electric air mobility to Southern Spain

Lilium is in a good position to capitalize on several competitive moats if they make it to market. Morgan Stanley is projecting a massive total addressable market in the eVTOL space.

Lilium Is Worth The Lottery Ticket

FARNBOROUGH, United Kingdom, July 19, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has signed an agreement with AAP Aviation Group AS (“AAP Aviation”) to develop an eVTOL network in Scandinavia. Under the agreement, AAP Aviation intends to purchase 40 Lilium Jets and collaborate with Lilium to identify and develop landing sites in the Scandinavian countries, starting with Norway.

AAP Aviation to develop electric regional air mobility in Norway with the Lilium Jet

FARNBOROUGH, United Kingdom, July 18, 2022 (GLOBE NEWSWIRE) -- ASL Group has signed an agreement with Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, to provide sustainable air mobility to its customers in Benelux. ASL Group intends to purchase an initial 6 Lilium Jets and will cooperate with Lilium to develop a network of landing sites in the Benelux.

ASL Group selects Lilium to provide sustainable air mobility to its customers

Leading provider of helicopter transportation plans to purchase 50 Lilium all-electric jets and provide Part 145 maintenance services in Florida and other U.S. and European markets Leading provider of helicopter transportation plans to purchase 50 Lilium all-electric jets and provide Part 145 maintenance services in Florida and other U.S. and European markets

Lilium Partners with Bristow on Electric Air Mobility

Leading tier one aerospace supplier will collaborate with Lilium on critical components of the Lilium Jet's Electrical Power System Leading tier one aerospace supplier will collaborate with Lilium on critical components of the Lilium Jet's Electrical Power System

News for Lilium BV Stock (LILM)