Lilium N.V. (NASDAQ: LILM), developer of the first all-electric
vertical take-off and landing (“eVTOL”) jet, has today opened
private sales of its eVTOL jets in the U.S. market, in partnership
with EMCJET, an industry-leading full-service aircraft brokerage
and management company. EMCJET is set to be the exclusive Lilium
dealer in Texas through 2030 for private sales. Under the terms of
the partnership, which includes a commercial commitment to Lilium
for five production slots, EMCJET will enable individuals to
purchase some of the first Lilium Pioneer Edition Jets available in
the U.S. market. This announcement is the first step in unlocking
the U.S. private aviation market, the largest private aviation
market, for Lilium and follows Lilium’s commercial strategy to
start in the premium market before expanding to the airline and
passenger shuttle market.
EMCJET, renowned for its expertise in international aircraft
trading and services, is dedicated to offering customers a seamless
and sophisticated experience when it comes to buying, selling, and
acquiring aircraft. The Lilium Jet will be available countrywide,
with the initial focus on key cities in Texas, including Austin,
Houston, San Antonio, and Dallas, aligning with Texas' commitment
to sustainability, delivering efficient and eco-friendly
transportation choices for residents and visitors.
“We are thrilled to partner with EMCJET as we embark on our
mission to revolutionize regional air mobility in the United
States. EMCJET’s proven track record of private premium market jet
sales in the U.S. and managing privately owned aircraft and
exceptional customer service aligns seamlessly with Lilium's vision
of delivering an unparalleled flying experience to our potential
customers,” said Sebastien Borel, Chief Commercial Officer at
Lilium.
The Lilium Pioneer Edition Jet is Lilium’s planned first edition
version of the Lilium Jet being sold to private individuals across
the globe. The Lilium Jet is an all-electric vertical take-off and
landing jet, designed to offer leading capacity, low noise, and
high performance with zero operating emissions purpose-built for
regional connectivity.
“EMCJET is excited to be at the forefront of introducing
Lilium's groundbreaking eVTOL technology to the Texas and U.S.
markets,” said Memo Montemayor, Founder & CEO of EMCJET. “Our
client-first mentality ensures that we deliver superior value and
expert attention required in making sound private aviation
investments and introducing our clients to the most innovative
modern technology for current and future market practices. This
partnership with Lilium will allow us to serve our well-established
network of aviation enthusiasts with the latest technological
advancements and continue to provide exceptional service and
results that our clients deserve and depend on.”
The agreement with EMCJET marks Lilium’s fourth dealer
globally.
“Dealers and aircraft management companies are eager to partner
with Lilium on jet sales to help decarbonize general aviation and
provide an elevated flying experience, all while being incredibly
efficient to operate,” added Borel.
Contact information for media:Meredith BellVice
President, External Communications+41794325779press@lilium.com
Contact information for investors:Rama
BondadaVice President, Investor Relationsinvestors@lilium.com
About Lilium
Lilium (NASDAQ: LILM) is creating a sustainable
and accessible mode of high-speed, regional transportation for
people and goods. Using the Lilium Jet, an all-electric vertical
take-off and landing jet, designed to offer leading capacity, low
noise, and high performance with zero operating emissions, Lilium
is accelerating the decarbonization of air travel. Working with
aerospace, technology, and infrastructure leaders, and with
announced sales and indications of interest in Europe, the United
States, China, Brazil, UK, and the Kingdom of Saudi Arabia,
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. Founded in 2015,
Lilium’s headquarters and manufacturing facilities are in Munich,
Germany, with teams based across Europe and the U.S. To learn more,
visit www.lilium.com.
About EMCJET
EMCJET, based in the vibrant city of Houston, Texas, is the
embodiment of private aviation excellence. With a proven track
record in aircraft management and a reputation built on unwavering
trust as aviation brokers, we set the standard for precision,
bespoke aviation services. In the world of private aviation, EMCJET
is propelling individuals and organizations to unparalleled success
through the fusion of trust, transparency, and industry expertise.
For a comprehensive overview explore our website at
https://www.emcjet.com/
Lilium Forward Looking Statements
This press release contains certain
forward-looking statements within the meaning of the U.S. federal
securities laws, including, but not limited to, statements
regarding (i) Lilium N.V.’s and its subsidiaries (collectively, the
“Lilium Group”) proposed business and business model, (ii) the
markets and industry in which the Lilium Group operates or intend
to operates, (iii) the anticipated timing of the commercialization
and launch of the Lilium Group’s business in phases, (iv) the
Lilium Group’s partnership with EMCJET and the prospective sale of
Lilium Jets in the United States and globally. These
forward-looking statements generally are identified by the words
“anticipate,” “believe,” “could,” “expect,” “estimate,” “future,”
“intend,” “may,” “on track,” “plan,” “project,” “should,”
“strategy,” “will,” “would” and similar expressions.
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 risks and uncertainties that are subject
to change at any time. Actual events or results may differ
materially from those contained in the forward-looking statements.
Factors that could cause actual future events to differ materially
from the forward-looking statements in this press release include
(but are not limited to) the risk that Lilium experiences delays in
obtaining, or fails to obtain, type certification for the Lilium
Jet in Europe, the United States and/or the other markets in which
it conducts or intends to conduct sales activities, as well as
those risks and uncertainties discussed in Lilium N.V.’s filings
with the U.S. Securities and Exchange Commission (the “SEC”),
including in the section titled “Risk Factors” in Lilium N.V.’s
Annual Report on Form 20-F for the year ended December 31, 2022, on
file with the SEC, and similarly titled sections in Lilium’s other
SEC filings, all of which are available at www.sec.gov.
Forward-looking statements speak only as of the date they are made.
You are cautioned not to put undue reliance on forward-looking
statements, and the Lilium Group assumes no obligation to, and does
not intend to, update or revise these forward-looking statements,
whether as a result of new information, future events or
otherwise.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/09398a69-0bb0-4d72-be4b-0b59ad89ac8c
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