UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934
For the month of May, 2024.
Commission File Number 001-40736
Lilium N.V.
(Translation of registrant’s name into English)
Galileostraße 335
82131 Gauting, Germany
Telephone: +49 160 9704 6857
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
CONTENTS
Explanatory Note
On May 6, 2024, Lilium N.V.
(“Lilium”) published a press release announcing that it has signed an agreement with advanced aviation operator UrbanLink
to purchase and operate Lilium Jets in South Florida. The agreement includes a binding order for UrbanLink to purchase 20 Lilium Jets,
with an option to purchase 20 more Lilium Jets.
The press release is furnished as Exhibit 99.1
to this Report on Form 6-K.
Incorporation by Reference
The first paragraph of the
Explanatory Note above is hereby incorporated by reference into the Company’s registration statements on Form F-3 filed with the
SEC on May 3, 2024 (File No. 333-279113), November 24, 2023 (File No. 333-275742), September 18, 2023 (File No. 333-274550), June 9,
2023 (File No. 333-272571), November 25, 2022, as amended or supplemented (File No. 333-268562), and October 3, 2022, as amended or supplemented
(File Nos. 333- 267718 and 333-267719), and the Company’s registration statements on Form S-8 filed with the SEC on November 18,
2021 (File No. 333-261175) and March 21, 2024 (File No. 333-278148).
Forward-Looking Statements
The information contained
in this Report on Form 6-K and the Exhibit attached hereto contain 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
intends to operate; (iii) the anticipated timing of the commercialization and launch of the Lilium Group’s business in phases, including
the timing of the first manned flight and the Lilium Jet’s entry into service; and (iv) the Lilium Group’s agreement with
UrbanLink for the sale of the Lilium Jets as described herein. These forward-looking statements generally are identified by the words
“anticipate,” “believe,” “could,” “expect,” “estimate,” “future,”
“intend,” “may,” “on track,” “plan,” “project,” “should,” “strategy,”
“targeted,” “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 are 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 Report on Form 6-K and the Exhibit attached hereto 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, 2023, 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.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Dated: May 6, 2024 |
Lilium N.V. |
|
|
|
|
By: |
/s/ Klaus Roewe |
|
Name: |
Klaus Roewe |
|
Title: |
Chief Executive Officer and Executive Director |
EXHIBIT INDEX
Exhibit 99.1
Lilium Announces Firm Order of 20 Lilium Jets from U.S. Operator UrbanLink
| ● | UrbanLink’s
firm purchase order of 20 Lilium Jets, with an option for 20 more, includes scheduled pre-delivery
payments. |
| ● | The
agreement marks a critical aviation milestone as UrbanLink becomes the first airline in the
U.S. fully committed to integrating eVTOL aircraft into its fleet. |
| ● | UrbanLink
will begin operations with a regional network connecting cities in South Florida. |
MIAMI,
FLORIDA, May 6, 2024: Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”)
jet and global pioneer in Regional Air Mobility (RAM), today announced their partnership with advanced air mobility (AAM) operator UrbanLink
to operate Lilium Jets in South Florida. As part of the agreement, UrbanLink will purchase 20 Lilium Jets, with scheduled pre-delivery
payments, and become the first airline in the U.S. fully committed to integrating eVTOL aircraft into its fleet.
Newly launched, UrbanLink is led by Ed Wegel,
a seasoned airline executive with 40 years of experience in financing, operations, and distribution. Wegel has raised more than $1 billion
for aviation ventures and led FAA certifications for two U.S. Part 135 airlines and several U.S. Part 121 carriers, including achieving
the 2014 certification of Eastern Air Lines' 737-800 fleet in a record-breaking eight months. Most recently, Wegel served as CEO &
Founder of GlobalX, America’s fastest-growing charter airline. Wegel has also served as a board member for private and public airlines
including Atlantic Coast Airlines, BWIA International Airlines, and Eastern Airlines. He was also a key developer of JetBlue’s
initial business plan.
Wegel
said, “While many airlines have discussed the potential of operating eVTOL aircraft, none have made a definitive commitment. UrbanLink
will be the first airline in the U.S. to integrate eVTOL aircraft into its fleet. We are dedicated to revolutionizing the way
people move to and from as well as within urban cores. After thorough evaluation of various manufacturers, we found the Lilium Jet to
be the optimal choice for our needs, thanks to its superior cabin design, range, capacity, and cost-effectiveness.”
Lilium's partnership with UrbanLink marks a critical
milestone in accelerating the adoption of AAM in South Florida. UrbanLink’s entry into the region includes plans to utilize the
network of Florida vertiports that Lilium and its partners have diligently worked on over the past five years.
UrbanLink sees eVTOLs as a key driver of sustainable
regional connectivity across South Florida. The Lilium Jet, with its planned launch range, is poised to fulfill this vision by linking
major cities such as Miami, West Palm Beach, Boca Raton, and Fort Lauderdale, extending seamlessly across the peninsula to Marco Island.
The service launch is targeted for 2026.
Sebastien Borel, Lilium’s Chief Commercial
Officer, said, “We are proud that UrbanLink has selected the Lilium Jet for its network and operations. This is a huge milestone,
not only for Lilium, but for the commercialization of eVTOLs in the U.S. We believe that this purchase of eVTOL aircraft is the first
by a commercial operator that isn’t invested in the manufacturer that it is purchasing from. This is a sign that the market for
eVTOL aircraft has matured and there is growing demand for aircraft that can provide connections between, rather than just within, cities.
I know that Ed has the vision and operational expertise to make regional air mobility a success.”
This order follows the start of assembly of the
first Lilium Jet at the end of last year with the first piloted flight test of the Lilium Jet targeted to occur in late 2024.
Contact information for media:
Sam Polstein
+1.646.477.8893
sam.polstein@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, the UK, the United Arab Emirates, and the Kingdom of Saudi Arabia, Lilium’s
950+ strong team includes approximately 500 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 UrbanLink:
UrbanLink
is a South Florida-based advanced air mobility (AAM) company dedicated to revolutionizing urban transportation through innovative air
mobility solutions. Led by aviation industry veteran Ed Wegel, UrbanLink is committed to creating smarter, more efficient transportation
systems that enhance connectivity and sustainability in South Florida and beyond. UrbanLink is currently positioned to be the first provider
of all electric zero emission AAM solutions and is poised to make history as the first airline in the U.S. to integrate electric
vertical takeoff and landing (eVTOL) aircraft into its fleet. For more information, visit urbanlinkair.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 intends to operate; (iii) the anticipated timing of the commercialization and launch of the Lilium
Group’s business in phases, including the timing of the first manned flight and the Lilium Jet’s entry into service; and
(iv) the Lilium Group’s agreement with UrbanLink for the sale of the Lilium Jets as described herein. These forward-looking statements
generally are identified by the words “anticipate,” “believe,” “could,” “expect,” “estimate,”
“future,” “intend,” “may,” “on track,” “plan,” “project,” “should,”
“strategy,” “targeted,” “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 are 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, 2023, 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.
Lilium NV (NASDAQ:LILMW)
Historical Stock Chart
From Aug 2024 to Sep 2024
Lilium NV (NASDAQ:LILMW)
Historical Stock Chart
From Sep 2023 to Sep 2024