Helity and Lilium join forces to bring electric broadband

FARNBOROUGH, UK, July 20 12, 2022 (GLOBE NEWSWIRE) — Lilium NV (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) aircraft, has signed an agreement with Helity Copter Airlines (“Helity”) to develop an eVTOL network in Andalusia. Under the agreement Helity intends to initially purchase five (5) Lilium Jets to provide premium and business charter flights to its customers.

Helity offers helicopter shuttles between Ceuta, Algeciras and Malaga as well as private charter flights in southern Spain. With approximately 300,000 passengers transported between Ceuta and the Spanish peninsula to date, Helity provides an essential transport service to its customers and the region. The Lilium Jet, with its premium cabin, expected physical range of 250 km and expected performance in various weather conditions, is well suited to meet the transport needs of the region.

Antonio Barranco, Helity CEO and Owner, said: “With its zero operating emissions and quiet profile, the Lilium Jet is a great addition to our existing helicopter fleet. With its large and spacious cabin, the aircraft is very well suited to cater to the region’s high-end and business traffic. I have no doubt that in the medium term, this will revolutionize the concept of short-range commercial and business aviation.

Daniel Wiegand, CEO of Lilium, said: “The south of Spain attracts a strong demand for high-end tourism. Combined with Helity’s extensive local expertise and experience in helicopter operations, as well as the hiring of highly qualified pilots, we have ideal conditions for the development of a sustainable air mobility network in the region.

Lilium is currently carrying out flight tests with its 5e generation technology demonstrator at the ATLAS flight test center in Villacarrillo (Jaen), Spain.

The proposed arrangement between Helity and Lilium is subject to the parties finalizing commercial terms and entering into definitive agreements in this regard, as well as the satisfaction of certain conditions.

About Lilium
Lilium (NASDAQ: LILM) creates a sustainable and accessible high-speed regional mode of transportation for people and goods. Using the Lilium Jet, an all-electric vertical take-off and landing jet, offering peak 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 planned launch networks announced in Germany, the United States and Brazil, Lilium’s team of more than 800 people includes approximately 450 engineers in aerospace 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 in Europe and the United States. To learn more, visit www.lilium.com.

About Helity
The air link between North Africa and Southern Europe revolutionizes the traditional way of uniting the two continents, managing their time efficiently, and opens up a new horizon of professional and business as well as tourist and cultural exchanges .

HÉLITY Copter Airlines is the trade name of GLOBAL AERONAUTICS SOLUTIONS, CORP, SL, an airline with capital entirely outside Spain, and which, with great professionals in the sector and material means, was born with the vocation of service to the population where it has its operations, its bases and its surroundings. It currently has three operational bases, Malaga, Algeciras and Ceuta, with the opening of Tangier being planned at this time.

The company has sufficient capacity and facilities to accommodate and provide services to its own fleet and to third parties, equipped with the technical personnel and tools necessary to carry out maintenance tasks with maximum impact.

For all the above, HÉLITY was born with the vocation of permanence in the service, having made a determined commitment in terms of investment and recruitment of the best pilots and aeronautical technicians to offer modern and safe transport such as air transport, guaranteeing a regular line of service helicopters, among other activities.

In addition, it offers its customers an express parcel and goods service, including all customs clearance, “today for today”.

To find out more visit: www.helity.es

Media contact details:
Meredith Bell, Lilium
+41 79 432 57 79
[email protected]

Forward-looking statements:
Lilium forward-looking statements:
This communication contains certain forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding the business and business model offered by Lilium NV, the markets and the industry in which Lilium NV and its subsidiaries (collectively, the “Lilium Group”) operates or intends to operate, Lilium’s proposed strategic partnership with Helity Copter Airlines, the expected timing of commercialization and launch of the Lilium Group’s business in phases and the expected results of the Lilium Group’s business and business model, including during launch phases. Such forward-looking statements are generally identified by the words “believe”, “project”, “expect”, “anticipate “estimate”, “intend”, “strategy”, “future”, “opportunity”, “plan”, “may”, “should”, “will”, “would”, “will”, “will continue”, “will probably lead to t” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on management’s current expectations regarding future events and are based on assumptions and subject to risks and uncertainties and subject to change. at any time. Actual events or results may differ materially from those contained in projections or forward-looking statements. Factors that could cause actual future events to differ materially from the forward-looking statements contained in this communication include those discussed in Lilium’s filings with the United States Securities and Exchange Commission (“SEC”), including its annual report on Form 20-F, all available at www.sec.gov. For more information, see the section titled “Caution Regarding Forward-Looking Statements” in Lilium’s Annual Report on Form 20-F and other filings. Forward-looking statements speak only as of the date they are made. You are cautioned not to place undue reliance on forward-looking statements, and Lilium Group assumes no obligation and does not intend to update or revise such forward-looking statements, whether as a result of new information , future events or otherwise. .

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/636ab438-cee5-4a43-83ce-dcc3c1202438

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