Airport operator Fraport and Lilium N.V. (NASDAQ:LILM), developer
of the first all-electric vertical take-off and landing (“eVTOL”)
jet, today announced their strategic collaboration to explore
required planning and approval steps for state-of-the-art
infrastructure for the implementation of commercial eVTOL
operations at airports. Fraport is active at 30 international
airports across four continents.
The partnership will start by preparing Germany
and the industry for the introduction of regional electric air
mobility through working with industry groups and the German
government to jointly discuss and accelerate necessary regulatory
work.
Fraport and Lilium plan to analyze future
mobility concepts for vertiport networks that are suitable for
electric aircraft. Fraport and Lilium will also examine how future
vertiport concepts for this type of mobility could look like,
especially at and around airports. The Fraport partnership will
complement Lilium’s existing partnerships at airports across
Germany including the airports of Stuttgart, Munich, Nuremberg,
Cologne-Bonn and Düsseldorf.
In recent years, Lilium has conducted various
implementation studies with airports and air traffic control
authorities on eVTOL infrastructure implementation topics
confirming the feasibility of regional aviation with eVTOLs. These
studies have been related to suitable locations, structural
implementation and airspace integration procedures, including
potential use cases and routes. Based on this work, Lilium is
continuously working on partnerships and collaborations with the
relevant private and public stakeholders to grow the ecosystem and
potential network for eVTOL operations to make electric aviation a
reality in Germany.
Alexander Laukenmann, Senior Executive Vice
President Aviation, Fraport AG: “In this collaborative endeavor,
our focus is on examining the impact of eVTOLs on airport
infrastructure. As a cutting-edge and environmentally sustainable
prospect for regional aviation, eVTOLs possess the potential to
address and develop new models of individual travel and mobility
requirements in a sustainable manner in the years to come. Fraport,
being Germany´s intermodal hub Number One, stands as a global
frontrunner in seamlessly connecting diverse transportation modes.
Our commitment is to uphold and expand this leadership.”
Lilium CEO Klaus Roewe highlights: “With
Fraport, we have partnered with one of the most renowned
international airport operators in the world. Through this
partnership, we expect to be able to analyze the conditions for
regional aviation with electrically powered and quiet jets. Our
goal is to jointly advance regulatory and practical steps for
suitable framework conditions for electric aviation and our
potential customers in Germany and Europe.”
The Lilium Jet will offer a spacious, low-noise,
high-speed regional mode of transport with zero operating emissions
making Lilium the market leader for sustainable regional air
mobility for both passenger and cargo.
Lilium Contact
information for media: Meredith Bell Vice President,
External Communications +41794325779 press@lilium.com
Contact information for
investors: Rama Bondada Vice President, Investor Relations
investors@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, United Arab Emirates,
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 Fraport AGHeadquartered
in Frankfurt, Germany, Fraport AG (Frankfurt Stock Exchange, MDAX)
is one of the world leading players in the global airport business.
Fraport’s portfolio of companies spans four continents with
activities at 30 airports worldwide. In pre-pandemic 2019, more
than 182 million passengers used airports actively managed by
Fraport. Impacted by the Covid-19 pandemic, Fraport’s Group
airports welcomed only about 146 million passengers in 2022.
Fraport AG generated revenue of €3.2 billion and profit of some
€167 million in fiscal year 2022 (Dec. 31).
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, and (iii) the Lilium Group’s collaboration with
Fraport, as described herein, including the Lilium Group’s and
Fraport’s collaboration to conduct the required planning and
approval steps to develop state-of-the-art infrastructure for the
implementation of commercial eVTOL operations at airports. 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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