Hamburg - Delayed Quote • EUR Lilium NV (5KD.HM) Follow Compare 0.2660 +0.2360 (+786.67%) At close: December 27 at 9:58:41 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Lilium Launches M&A Process with KPMG, Targets Program Continuation Towards First Flight and Certification KPMG mandated for a structured M&A process – first investor briefings to start soonLocal court approved insolvency filings of Lilium’s German subsidiaries and appoints custodian and Chief Insolvency Officers (CIOs)The Lilium business remains fully focused on re-emerging following restructuring; setting sights on fresh investment to support the all-electric Lilium Jet’s path to certification and entry into serviceTeams on the ground continue to work towards achieving program milestones; Lilium Je Lilium N.V. Receives Notice of Delisting from Nasdaq MUNICH, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (the “Company” or “Lilium”), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), on Tuesday, October 29, 2024, announced in a Form 6-K filed with the Securities and Exchange Commission that the Company received a written notice from the staff of the Nasdaq Listing Qualifications Department (the “Staff”) on October 28, 2024, following the applications of Lilium GmbH and Lilium eAircraft GmbH, the Electric Air Taxis Are Already Coming in for a Hard Landing German startup Lilium is the first listed eVTOL maker to be at risk of collapse, but it may not be the last. Lilium Faces Uncertainty with Subsidiaries’ Insolvency Filing Lilium (LILM) has released an update. Lilium’s key German subsidiaries have filed for insolvency, raising uncertainty over their financial future. This development may impact investor sentiment as the company navigates through self-administration proceedings in Germany. Investors will be keenly watching how this situation unfolds and its implications for Lilium’s overall financial stability. For further insights into LILM stock, check out TipRanks’ Stock Analysis page. Lilium Board approves application for self-administration of German subsidiaries Follows German parliament´s Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraiseCompany was also unable to reach an agreement in principle with Bavarian government to guarantee a €50 million loanApplication for self-administration proceedings driven by insolvency at Lilium subsidiaries in Germany MUNICH, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM) Lilium, GE Aerospace partner to deliver eVTOL flight safety Two companies combining their flight data and analytics platforms to inform eVTOL flight safety standardsLilium to deploy GE technology to all Lilium Jet operators, starting with Lilium’s own flight test campaignGE Aerospace’s Event Measurement System (EMS) is used globally by 60 airlines and more than 500 business jet operators LAS VEGAS, Oct. 23, 2024 (GLOBE NEWSWIRE) -- With eVTOLs on the cusp of taking off commercially in the coming years, GE Aerospace is partnering with Lilium, a leading el Lilium N.V.'s (NASDAQ:LILM) top owners are individual investors with 59% stake, while 18% is held by public companies Key Insights Significant control over Lilium by individual investors implies that the general public has more power to... Lilium Powers On First Lilium Jet in Significant Milestone Towards First Flight Systems power-on paves the way for start of Lilium Jet ground testing campaignThe first Lilium Jet – MSN 1 – will be used to confirm safety for first piloted flight planned for early 2025MSN 2, the first aircraft that Lilium will fly with a pilot on board, is now in final assembly MUNICH, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has completed the first systems power-on milestone of its revolu Lilium Debuts Jet in U.S. at Houston Hobby Airport and Signs Infrastructure Partnership with Galaxy FBO Houston-based aircraft brokerage EMCJET will showcase the Lilium Jet for the very first time in the U.S. at Galaxy FBOGalaxy FBO is partnering with Lilium to ensure accessibility for the Lilium Jet at their Houston-area facilities – Houston Hobby Airport, Conroe North Houston Regional Airport, and The Woodlands HeliportLilium is collaborating with The Greater Houston Partnership to host a discussion with industry leaders on how electric aviation will revolutionize regional travel in the Houston Sidoti Events, LLC's Virtual September Small-Cap Conference NEW YORK, NY / ACCESSWIRE / September 17, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September ... Lilium Welcomes Aerospace Industry Veteran Philippe Balducchi to Board of Directors Philippe Balducchi is CFO of KNDS, one of Europe’s largest defense companiesPreviously: CEO of Airbus Canada, Head of Bombardier C-Series/A220 integration, CFO of Airbus North AmericaAppointment due at EGM on September 18, 2024 MUNICH, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced changes to its Board of Directors, subject to approval at the upcoming extraordinary general meeting Lilium Starts Integration Testing of Lilium Jet Electrical Power System Key milestone towards verification of safety of flight and type-certification of the Lilium JetNew lab precisely replicates the Lilium Jet’s electric powertrain from battery pack to engine MUNICH, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Lilium (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has successfully completed the first phase of integration testing of the Lilium Jet’s electrical power system at the company’s purpose-built laboratory. The test New landmark international study: 2-in-3 People Agree: Now Is The Time for Air Travel to Become Sustainable New research undertaken amongst 4,000 adults across the US, UK, France, and Germany reveals overwhelming concern over air travel’s impact on pollution and climate changeConsumers say future of transport must be lower cost, more reliable and more sustainableRespondents across all countries look favorably on eVTOL aircraft MUNICH, Aug. 07, 2024 (GLOBE NEWSWIRE) -- A landmark international survey has revealed the scale of pent up demand for clean aviation, with 65 per cent of consumers across the f Lilium partners with leading global airport operator Groupe ADP to expand infrastructure network for the Lilium Jet Groupe ADP manages an extensive portfolio of 23 airports in some of Lilium’s key markets including France (all three Paris airports), the Kingdom of Saudi Arabia (Jeddah and Riyadh) and Turkey.Groupe ADP’s vertiports in the Paris area, including Paris-Charles de Gaulle and Paris-Le Bourget Airports, will significantly bolster the Lilium network in France.Partnership enables the development of vertiports in strategic locations worldwide that are crucial for operators of the Lilium Jet. FARNBOROUG Lilium, SEA Milan Airports and Skyports to Launch Regional Air Mobility Network in Northern Italy New partnership brings together aircraft manufacturer, infrastructure specialist, and airport operator to develop eVTOL network in LombardyFARNBOROUGH, United Kingdom, July 23, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), SEA (SEA), the operator of Milan’s airports, and Skyports Infrastructure (Skyports), the leader in vertiport infrastructure for the Advanced Air Mobility (AAM) industry, have today anno Saudi Arabia’s General Authority of Civil Aviation and Lilium sign MoU to collaborate on development and implementation of eVTOL regulation in the Kingdom GACA, Saudi Arabia’s civil aviation regulator, and Lilium agree on a joint regulatory approach for eVTOL regulationThis includes the implementation of a joint Working Group covering all relevant regulatory topics and an Innovative Air Mobility (IAM) regulatory action plan for Saudi ArabiaThe goal is to jointly develop and implement the required eVTOL regulation for a potential operational Entry Into Service in 2026 FARNBOROUGH, United Kingdom, July 22, 2024 (GLOBE NEWSWIRE) -- The Saudi Arabian Lilium expands POWER-ON, creating Comprehensive Solutions Portfolio with Leading Digital Innovators FARNBOROUGH, United Kingdom, July 21, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced the next phase of its “POWER-ON” Aftermarket Services portfolio, providing a suite of digital solutions to ensure efficient and seamless operation of the Lilium Jet. The digital suite includes flight planning and aircraft performance ground and Electronic Flight bag solutions, a customer portal with access Saudia Group Signs Largest Global Agreement With Lilium to Acquire Up to 100 eVTOL Jets MUNICH, Germany, July 18, 2024--Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today signed a binding sales agreement for 50 Lilium Jets, with options for the purchase of 50 more. The signature ceremony was held at Lilium’s HQ in Munich. The contract was signed by Fahd Al-Jarbou, CEO of Saudia Private, representing Saudia Group, and Lilium's CEO Klaus Roewe, in the presence of several distinguished guests includin Saudia Group Signs Industry-Leading Sales Agreement With Lilium to Acquire Up to 100 eVTOL Jets The firm order for 50 Lilium jets, with an option for 50 more, is the largest commitment in the eVTOL sector by an airline operatorSaudia Group leads the aviation industry in the MENA region with the first agreement for the purchase of eVTOL jets MUNICH, Germany, July 18, 2024 (GLOBE NEWSWIRE) -- Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today signed a binding sales agreement for 50 Lilium Jets, with options Lilium Reaffirms 2026 Target for First Customer Deliveries and Provides Additional Detail on Testing Program First aircraft (Lilium Jet MSN 1) to be used exclusively for ground testing starting in a few weeksSecond aircraft (Lilium Jet MSN 2) to be used for first manned flight in early 2025, will start ground testing in the fall, soon after MSN 1Three aircraft in production by year-endFull structural aircraft for static tests available in fallEngineering simulator developed by FlightSafety International to be delivered early 2025Lilium prepares operational support with Flight Crew Training Simulator an Performance Overview Trailing total returns as of 12/27/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return 5KD.HM S&P 500 YTD -76.93% +25.18% 1-Year -75.93% +25.05% 3-Year -71.70% +26.35%