Lilium Company Market Research Report

Company Overview

Name:

Lilium N.V.

Mission Statement:

To create a sustainable and accessible mode of high-speed, regional transportation using electric vertical take-off and landing (eVTOL) technology.

Founding Details:

• Founded in: 2015

• Founders: Daniel Wiegand, Sebastian Born, Matthias Meiner, and Patrick Nathen

Key People:

• Klaus Roewe: Chief Executive Officer

• Stephen Vellacott: Chief Technology Officer

• Yves Yemsi: Chief Operating Officer

• Daniel Wiegand: Chief Engineer for Innovation

• Johan Malmqvist: Chief Financial Officer

• Karim Jalbout: Chief People Officer

• Sebastien Borel: Chief Commercial Officer

• Roger Franks: Chief Legal Officer

• Notable Board Members: Tom Enders, David Neeleman, Margaret M. Smyth, Gabrielle B. Toledano, David Wallerstein

Headquarters:

Munich, Germany

Number of Employees:

Approximately 1,000+ employees

Revenue:

No information is available.

Known For:

Developing the first all-electric vertical take-off and landing jet, the Lilium Jet, aiming for sustainable high-speed regional air mobility.

Products

Lilium Jet

• Description: An all-electric vertical take-off and landing jet offering zero operating emissions.

• Key Features:

• Zero operating emissions

• Vertical take-off and landing capabilities

• High payload and cabin capacity

• Low noise emissions

• Designed to enable faster travel with direct regional connections

Recent Developments

Recent Developments and Partnerships:

• Airframe and Supply Partnerships: Partnered with Aciturri for airframe production and Toray Industries for high-performance carbon fiber composites.

• Battery Partnerships: Collaborated with CUSTOMCELLS for the production of high-performance batteries.

• Training and Simulation:

• Partnered with FlightSafety International for flight simulator and training agreements.

• Cooperation with Lufthansa Aviation Training to develop pilot training programs.

• Charging Infrastructure: ABB E-mobility partnership to develop MegaWatt fast-charging infrastructure.

• eVTOL Network Development:

• Collaborations with NetJets Inc. and SAUDIA for jet acquisitions and network development.

• Partnered with Ferrovial for vertiport network development in Florida.

• Alliance with Atlantic Aviation to prepare U.S. airport infrastructure.

• Planned strategic alliance with Brazilian airline Azul to develop an eVTOL network in Brazil.

• Innovative Collaborations:

• ArcosJet purchase of 10 Lilium Jets for the Middle East market.

• Partner other transportation and technology leaders like GlobeAir and GE Aerospace to enhance operational capabilities and safety.

Recent Corporate Actions:

• Financial and Operational Adjustments: Applying for self-administration proceedings in Germany due to insolvency at the subsidiaries, driven by the inability to secure certain government loans.

Lilium's focus remains on advancing sustainable air travel solutions through innovative partnerships and strategic market positioning across diverse global regions.