Lilium N.V. Stock Price, News & Analysis

SAUDIA, Saudi Arabia’s national airline, has signed a Memorandum of Understanding with Lilium N.V. (NASDAQ: LILM) to develop an eVTOL network. This makes SAUDIA the first carrier in the MENA region to invest in sustainable air mobility, planning to purchase 100 all-electric Lilium Jets. The initiative aims to provide zero-emission travel options and enhance regional air mobility, supporting certification processes in Saudi Arabia. The partnership seeks to transform domestic air transport, contributing to sustainable tourism and improving customer experiences.

Lilium N.V. (NASDAQ: LILM) has partnered with GlobeAir to sell 12 Lilium Jets, enhancing premium eVTOL flight services in the French Riviera and Italy. GlobeAir, a leading private jet operator, aims to integrate these jets for efficient point-to-point travel, emphasizing sustainability. The partnership aims to significantly reduce travel times and provide a comprehensive travel experience, aligning with the growing demand for sustainable transport solutions. Lilium continues to advance its all-electric vertical take-off and landing technology, promoting decarbonization in air travel.

Lilium N.V. (NASDAQ: LILM) has announced its General Meeting of shareholders scheduled for October 27, 2022, at 4:00 p.m. CEST in Amsterdam. The convocation notice contains the agenda, explanatory notes, and other relevant documents, all available on the company’s Investor page. The meeting will cover critical topics such as the record date and proxy voting. Lilium is focused on developing a sustainable, electric vertical take-off and landing jet, promoting low noise and zero emissions air travel.

Lilium N.V. (NASDAQ: LILM) announced a crowdsourcing initiative for questions from retail investors ahead of its Q2 2022 business update webcast. Starting September 21, 2022, verified shareholders can submit and upvote questions until September 27, 2022. Selected queries will be addressed during the webcast scheduled for September 28, 2022, at 8:00 a.m. EDT. This initiative demonstrates Lilium's commitment to engaging with its retail investor base. The company aims to enhance transparency as it works towards revolutionizing regional transportation through its all-electric vertical take-off and landing jet.

Lilium N.V. (NASDAQ: LILM) announced plans to release its Second Quarter Fiscal Year 2022 Business Update on September 28, 2022, at 8:00 a.m. Eastern Standard Time. The update will include a webcast available on the Lilium investor relations website. Lilium is focused on creating sustainable high-speed transportation using its all-electric vertical take-off and landing jet, the Lilium Jet. The company is actively working on decarbonizing air travel and has announced launch networks in Germany, the U.S., and Brazil.

Lilium N.V. has partnered with Diehl Aviation to develop the cabin interior for the Lilium Jet, marking a significant step in its industrialization and type certification process. The agreement entails designing all cabin components, including walls, ceiling panels, and lighting systems utilizing advanced LED technology. With Diehl's extensive experience in cabin interiors for major aircraft manufacturers, this collaboration aligns with Lilium's strategy of working with Tier 1 aerospace companies. The Lilium Jet aims to offer sustainable, zero-emission regional air mobility.

Lilium N.V. (NASDAQ: LILM) has signed a significant agreement with Helity Copter Airlines to create an eVTOL network in Andalusia, Spain. Helity plans to purchase five Lilium Jets to enhance premium and business charter flight services. The Lilium Jet boasts a range of 250 km and low noise emissions, positioning it well for the region's transportation needs. Both companies aim to develop sustainable aerial mobility, leveraging Helity's local expertise and Lilium's innovative technology. The arrangement is subject to final agreements and certain conditions.

Lilium N.V. (NASDAQ: LILM) has entered into an agreement with AAP Aviation Group AS to establish an eVTOL network in Scandinavia, beginning in Norway. AAP Aviation plans to purchase 40 Lilium Jets and work with Lilium to develop landing sites. The collaboration aims to enhance sustainable travel options and capitalize on the growing demand for on-demand aviation services. The Lilium Jet, designed for four to six passengers, boasts a range of approximately 250 km and is expected to significantly reduce travel time. The agreement is subject to finalizing commercial terms.

Lilium N.V. (NASDAQ: LILM) has entered an agreement with ASL Group to enhance sustainable air mobility in the Benelux region. ASL Group plans to purchase 6 Lilium Jets and collaborate on establishing landing sites. This partnership aims to create a safe eVTOL network across Belgium, the Netherlands, Luxembourg, and parts of Western Germany. The Lilium Jet, known for zero operating emissions and vertical take-off capabilities, aligns with ASL's commitment to ecological responsibility. The deal is pending final agreements and conditions.