The Lilium Group operates and will continue to operate in a rapidly changing emerging industry. Forward-looking statements are predictions, projections and other statements about future events that are based on management’s current expectations with respect to future events and are based on assumptions and subject to significant risk and uncertainties and subject to change at any time. Such statements are based on management’s belief or interpretation of information currently available. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. and its subsidiaries (collectively, the “Lilium Group”) operate or intend to operate, the anticipated timing of the commercialization and launch of the Lilium Group’s business in phases, our ability to successfully patent our intellectual property and the future performance of our innovations and the expected results of the Lilium Group’s business and business model, including when launched in phases. This press release contains certain forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding Lilium’s proposed business and business model, the markets and industry in which Lilium N.V. Founded in 2015, Lilium’s headquarters and manufacturing facilities are in Munich, Germany, with teams based across Europe and the U.S. Working with aerospace, technology and infrastructure leaders, and with planned launch networks announced in Germany, the United States and Brazil, Lilium’s 800+ strong team includes approximately 450 aerospace engineers and a leadership team responsible for delivering some of the most successful aircraft in aviation history. Using the Lilium Jet, an all-electric vertical take-off and landing jet, offering leading capacity, low noise and high performance with zero operating emissions, Lilium is accelerating the decarbonization of air travel. Lilium (NASDAQ: LILM) is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods. Meredith Bell, Vice President, External Communications We are also in active discussions to secure additional funding and are very encouraged by the interest from potential investors and partners.” Our leadership team, with its deep expertise in certifying aircraft, plans to complete and freeze the final design of our type-conforming aircraft. Our team has achieved important milestones, which reinforce our conviction that we will deliver a truly differentiated jet engine-powered eVTOL aircraft.īuilding on the successes of 2022, we anticipate yet another transformational year for Lilium in 2023. “We are proud to share our progress in advancing the development of our Lilium Jet. Year-end 2022 liquidity at €206 million active and constructive discussions on follow-up funding in progress.Signed key agreements with world-class aerospace suppliers including Collins Aerospace and GKN Aerospace and began ramping up collaboration with existing suppliers, including layup molds being built by Aciturri for type-conforming composite fuselage.Remain ed on track for type- certification, with submission of Certification Plans covering 100% of EASA’s aircraft airworthiness requirements (up from approximately 80 % in December 2022 ) successful ly completed third EASA DOA audit.
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