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, all of which are available at Forward-looking statements speak only as of the date they are made. Factors that could cause actual future events to differ materially from the forward-looking statements in this press release include those discussed in Lilium’s filings with the U.S. Actual events or results may differ materially from those contained in the projections or forward-looking statements. 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 are subject to risk and uncertainties and subject to change at any time. 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.
This press release contains certain forward-looking statements within the meaning of the federal securities laws, including, but not limited to, the use of proceeds of the capital raise described herein and future commercial and operational achievements. To learn more, visit Forward-Looking Statements: 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, Brazil, and the United Kingdom, 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. Vice President, Information for Investors: Lilium’s most recent Shareholder Letter, published on March 28, 2023, highlighted its continued achievements towards important milestones, including a successful high-speed Phoenix demonstrator flight, continued commercial momentum, confirmation of the Lilium Jet’s battery technology, certification progress, and advances in our supply chain, all of which are accelerating the Company towards the start of production of the first type-conforming aircraft. We hope to announce further updates soon.” We remain in multiple constructive discussions with existing and potential new investors.
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With this financing, we are excited to continue our development program at full pace. Lilium CEO Klaus Roewe stated, “The capital raise announced today marks an important development in our ongoing mission to revolutionize the aviation industry. Once this development milestone is achieved, which is planned for the second half of 2024, Lilium expects to benefit from the contribution of substantial pre-delivery payments (PDPs) which will help fund its subsequent capital requirements. This capital raise enables Lilium to continue the development of its Lilium Jet at full pace and would cover most of the estimated capital required to achieve first manned flight of the type-conforming aircraft. A Form 6-K has been filed by the Company with the Securities and Exchange Commission on May 1, 2023. (“Lilium” or the “Company”) (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, today announced a capital raise for up to $250 million, with $100 million funded at close. The complete list of embed options can be found in our official SDK documentation.MUNICH, Germany, : Lilium N.V. These options are available to be appended to the query string of the player URL, used as data-vimeo- attributes on elements, or included asĪn object passed to the Vimeo.Player constructor. getElementById ( 'handstick' ), options ) Embed Options Player ( 'made-in-ny', options ) // Will create inside the handstick div: // const handstick = new Vimeo. on ( 'play', function ( ) // Will create inside the made-in-ny div: // const madeInNy = new Vimeo. You can pass either the `` or the `` created inside the div.
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