CITIC Offshore Helicopter and Lilium partner to launch eVTOL Network in China's Greater Bay Area
24 Noviembre 2023 - 7:11AM
Lilium (NASDAQ: LILM), developer of the first all-electric vertical
take-off and landing (eVTOL) jet, and CITIC Offshore Helicopter
Co., Ltd (COHC), China’s sole helicopter port pilotage provider —
today announced the signing of a Memorandum of Understanding
(“MoU”) that will allow the two companies to strategically
collaborate on the establish of an eVTOL operation network in
China, starting with the Greater Bay Area.
As part of the agreement, Lilium and COHC will work together to
develop services in the region based on market demand, and
eventually offer regular eVTOL services. This will initially
commence in the Greater Bay Area, with additional planned service
across the Guangdong-Hong Kong-Macao Greater Bay Area, Hainan
Island, and Tianjin in the future.
By combining COHC's extensive experience in aviation services
with Lilium's innovative eVTOL technology, this partnership is
poised to redefine regional air mobility in the People's Republic
of China. The news follows Lilium’s partnership with other
suppliers in the China region, including an agreement with
Heli-Eastern and an MOU with the Bao’an District of Shenzhen
municipality.
COHC and Lilium are committed to jointly facilitating the launch
of this groundbreaking service in the Greater Bay Area. This
includes strategically selecting production bases, conducting test
flights, implementing after-sales service protocols, and
identifying potential sites of interest and partners for
vertiports.
A representative of COHC said: “We’re looking
forward to working with Lilium to build an eVTOL network in the
Greater Bay Area and beyond. It’s important for our customers to be
able to travel quickly, sustainably, and in premium comfort—and
with Lilium, we’re excited to do just that.”
Klaus Roewe CEO of Lilium commented: “The
partnership highlights the shared aspirations of COHC and Lilium to
create a sustainable and efficient aerial transportation system
that addresses the growing demand for premium regional mobility
solutions. China is expected to account for close to 25% of the
eVTOL market and this announcement reaffirms our commitment to the
region and desire to bring fast and sustainable travel to more
people and to offer outstanding flight experiences for our
customers.”
Contact information for mediaMeredith Bell Vice
President, External Communications +41794325779
press@lilium.com
Contact information for investors Rama
BondadaVice President, Investor Relations
investors@lilium.com
About LiliumLilium (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.
Lilium Forward Looking StatementsThis press
release contains certain forward-looking statements within the
meaning of the 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
operate or intend to operate, (iii)
the Lilium Group’s agreement and
related collaboration with CITIC Offshore Helicopter
Co., Ltd. as described above
the anticipated timing of the; (iv)
commercialization and launch of the Lilium Group’s business in phases and the expected results of the
Lilium Group’s business and business model,
including when launched in phases. 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 risk 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
those risks and uncertainties discussed in Lilium’s filings with
the U.S. Securities and Exchange Commission (the “SEC”), including
in the section titled “Risk Factors” in our 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 Lilium
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.
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