New partnership brings collectively plane producer, infrastructure specialist, and airport operator to develop eVTOL community in Lombardy
FARNBOROUGH, United Kingdom, July 23, 2024 (GLOBE NEWSWIRE) — Lilium N.V. (NASDAQ: LILM), a number one electrical plane producer and pioneer in Regional Air Mobility (RAM), SEA (SEA), the operator of Milan’s airports, and Skyports Infrastructure (Skyports), the chief in vertiport infrastructure for the Superior Air Mobility (AAM) {industry}, have at the moment introduced the signing of a Memorandum of Understanding (MoU) laying the groundwork for the event of a passenger electrical vertical take-off and touchdown (eVTOL) community within the Lombardy area within the north of Italy.
The Lombardy area is a strategically necessary location for the companions. Residence to just about a fifth of Italy’s inhabitants and with over 37 million guests yearly, regional air mobility will complement and combine with the area’s present mobility options to supply quicker, low emission journey between key areas.
With the signing of the MoU, the events will collaborate to launch a vertiport community with operators of the Lilium Jet as quickly as 2027. SEA will contribute as majority shareholder, offering airport administration functionality and deep information of the area’s aviation and infrastructure ecosystem. Skyports will present its industry-leading experience and expertise within the growth and integration of vertiport infrastructure, working carefully with SEA on the operation of the vertiports. Lilium brings plane experience and its pioneering Lilium Jet, designed to supply industry-leading capability, the longest operational vary on the highest pace, with minimal noise, whereas sustaining zero working emissions.
The settlement will see the events develop regional air mobility routes that serve key areas throughout Lombardy. The primary path to be developed will join Milan Malpensa Airport – the most important worldwide airport in northern Italy, which transported over 26 million travellers final yr – and Milan metropolis centre.
The mission formalised by the MoU will enable for the institution of a community of enticing routes for the operation of the Lilium Jet and different eVTOL plane, enhancing accessibility and connectivity for regional air mobility. It can facilitate the quick and environment friendly motion of individuals and can be instrumental in delivering a number of the first premium eVTOL flights inside Europe.
For the event and operations of vertiports in Lombardy and Italy, SEA, Skyports and their shareholder 2i Aeroporti are within the course of of creating a three way partnership firm.
Sebastien Borel, Chief Industrial Officer of Lilium, mentioned: “As we proceed to collaborate with key companions globally, with sturdy experience and expertise in key markets, this partnership will assist to unlock new potential for regional air transport infrastructure in Northern Italy. This partnership will help our imaginative and prescient of pioneering a brand new period of regional air mobility in Europe with the electrification of premium vacationer routes within the area.”
Armando Brunini, CEO of SEA Milan Airports, mentioned: “This partnership with Lilium, one of many main producers on this rising {industry}, and Skyports, already our accomplice, additional consolidates the prospects for the event of Superior Air Mobility in Lombardy.”
Duncan Walker, CEO of Skyports, mentioned: “We’re bringing collectively key companions to introduce regional air mobility providers. With important help from aviation and infrastructure stakeholders, together with our investor 2i Aeroporti, this partnership demonstrates Italy’s readiness to launch the following era of aviation. We’ve been working with our companions at SEA for a while and we’re excited to organize to open the doorways of our vertiports and see eVTOL plane take flight over Lombardy.”
A basic enabling issue for the whole mission is the sturdy partnership with the Italian Civil Aviation Authority ENAC. The authority lately printed a complete nationwide rulebook – the primary of its type in Europe – for VTOL-capable plane, positioning Italy as a frontrunner within the introduction of Revolutionary Air Mobility in Europe.
About Lilium
Lilium (NASDAQ: LILM) is making a sustainable and accessible mode of high-speed, regional transportation for folks and items. Utilizing the Lilium Jet, an all-electric vertical take-off and touchdown jet, designed to supply main capability, low noise, and excessive efficiency with zero working emissions, Lilium is accelerating the decarbonization of air journey. Working with aerospace, know-how, and infrastructure leaders, and with introduced gross sales and indications of curiosity in Europe, america, China, Brazil, the UK, the United Arab Emirates, and the Kingdom of Saudi Arabia, Lilium’s 1000+ sturdy crew consists of roughly 500 aerospace engineers and a management crew accountable for delivering a number of the most profitable plane in aviation historical past. Based in 2015, Lilium’s headquarters and manufacturing services are in Munich, Germany, with groups based mostly throughout Europe and the U.S. To be taught extra, go to www.lilium.com
About Skyports
Skyports Infrastructure is the main enabler of superior air mobility (AAM), offering the vital hyperlink between the bottom and the sky. The corporate designs, builds and operates take-off and touchdown infrastructure for air taxis, and companions with world-class electrical vertical take-off and touchdown (eVTOL) passenger and cargo car producers world wide to allow secure, sustainable and environment friendly flight operations inside city and suburban environments. Discover out extra at: www.skyports.web
About SEA Group
SEA Group, positioned in Italy, manages the Malpensa and Linate airports that are ranked among the many first ten airport techniques in Europe for quantity of visitors, in each the passenger and cargo segments. Discover out extra at: milanairports.com/it
About 2i Aeroporti
2i Aeroporti is the holding firm, managed by F2i – Terzo Fondo per le Infrastrutture (51%) and by a consortium led by Ardian with Credit score Agricole Assurance (49%), which holds the primary Italian airports community, with about 63 million passengers in 2023 and a 32% market share. Its portfolio consists of about 36% of SEA, the vast majority of Naples, Turin and Trieste airport corporations, and a minority stake in Bologna airport and in Skyports.
Lilium contact info for media:
Christine Pierk
Communications Supervisor
+49 151 53919945
[email protected]
Lilium contact info for buyers:
Rama Bondada,
Vice President, Investor Relations
[email protected]
Skyports contact info for media:
Maggie Mullan
PR & Communications Supervisor, Skyports
[email protected]
+44 7946 090 585
Lilium Ahead Trying Statements
This press launch accommodates sure ahead‐trying statements throughout the that means of the U.S. federal securities legal guidelines, together with, however not restricted to, statements relating to: (i) Lilium N.V.’s and its subsidiaries (collectively, the “Lilium Group”) proposed enterprise and enterprise mannequin; (ii) the markets and {industry} by which the Lilium Group operates or intends to function; (iii) the Lilium Group’s progress in the direction of sort certification (and sort certificates validation) of its Lilium Jet with EASA and the FAA; and (iv) the Lilium Group’s partnership with Skyports and the SEA Group as mentioned herein. These ahead‐trying statements typically are recognized by the phrases “anticipate,” “consider,” “may,” “count on,” “estimate,” “future,” “intend,” “might,” “on observe,” “plan,” “mission,” “ought to,” “technique,” “will,” “would” and comparable expressions. Ahead‐trying statements are predictions, projections, and different statements about future occasions which might be based mostly on administration’s present expectations with respect to future occasions and are based mostly on assumptions and are topic to danger and uncertainties which might be topic to alter at any time. Precise occasions or outcomes might differ materially from these contained within the ahead‐trying statements. Elements that might trigger precise future occasions to vary materially from the ahead‐trying statements on this press launch embrace these dangers and uncertainties mentioned in Lilium’s filings with the U.S. Securities and Change Fee (the “SEC”), together with within the part titled “Threat Elements” in our Annual Report on Type 20‐F for the yr ended December 31, 2023, on file with the SEC, and equally titled sections in Lilium’s different SEC filings, all of which can be found at www.sec.gov. Ahead‐trying statements converse solely as of the date they’re made. You’re cautioned to not put undue reliance on ahead‐trying statements, and Lilium assumes no obligation to, and doesn’t intend to, replace, or revise these ahead‐trying statements, whether or not on account of new info, future occasions or in any other case.
