{"id":764947,"date":"2023-06-20T18:04:45","date_gmt":"2023-06-20T22:04:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lilium-and-urbanv-to-collaborate-on-vertiports-in-italy-the-french-riviera-and-beyond\/"},"modified":"2023-06-20T18:04:45","modified_gmt":"2023-06-20T22:04:45","slug":"lilium-and-urbanv-to-collaborate-on-vertiports-in-italy-the-french-riviera-and-beyond","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lilium-and-urbanv-to-collaborate-on-vertiports-in-italy-the-french-riviera-and-beyond\/","title":{"rendered":"Lilium and UrbanV to collaborate on vertiports in Italy, the French Riviera and beyond"},"content":{"rendered":"

\nPartnership will support electrification of premium tourist routes in the regions with vertiport infrastructure for Lilium aircraft and customers
\n<\/h2>\n
\n

MUNICH, Germany, June 20, 2023 (GLOBE NEWSWIRE) — Electric mobility is taking shape in Italy and the French Riviera.\u00a0Lilium N.V.<\/a> (NASDAQ: LILM),\u00a0developer of the first all-electric vertical take-off and landing (eVTOL) jet and UrbanV<\/a>, a leader in vertiport design and management, have announced their partnership for the development of Advanced Air Mobility (AAM) infrastructure. The companies\u2019 partnership to develop vertiport infrastructure will enable eVTOL networks for Lilium aircraft and customers with an initial focus on Italy and the French Riviera, where UrbanV will launch its operations, with potential for further markets in the future.<\/p>\n

UrbanV brings efficient and sustainable advanced air mobility to urban centers with its extensive design and infrastructure expertise for the development of vertiports. Lilium will benefit from their strong foothold and key airport access in Rome, Venice, Bologna, Nice, Cannes, St. Tropez, and surrounding areas. Initial focus will be on creating the infrastructure to enable first sustainable eVTOL routes.<\/p>\n

Vertiports \u2013 take-off and landing areas for eVTOL aircraft the size of a helipad \u2013 are a key component in realizing the enormous potential of the Lilium Jet. Vertiports provide access to sustainable, high speed, and affordable services to connect communities. Lilium and UrbanV\u2019s partnership will facilitate the movement of people more rapidly and efficiently, while being instrumental in delivering some of the first premium eVTOL flights within Europe.<\/p>\n

\n Sebastien Borel, CCO of Lilium said: <\/strong>\u201cAs we continue to collaborate with key partners globally, with strong expertise and experience in key markets, our partnership with UrbanV helps to reimagine regional air transport infrastructure. With extensive experience and entrepreneurship in developing the correct infrastructure for eVTOL flight, UrbanV brings a wealth of talent and strong technical expertise to make our ambition to deliver sustainable regional air travel a reality.\u201d\u00a0\u00a0\u00a0<\/p>\n

\n Ivan Bassato, Chairman of UrbanV said: <\/strong>\u201cAt UrbanV, we aim to improve people\u2019s lives by enabling a fast, efficient, safe, and clean alternative to existing transport solutions. With our vertiport networks, we are building a technology-agnostic platform for operators to provide new and innovative zero-emission transport services. We see Lilium as one of the leading eVTOL makers in the world and we are excited to partner with them, to ensure that their revolutionary jet can safely land and take off from any of our UrbanV vertiports in Italy, France, and anywhere else in the world.\u201d<\/p>\n

\n Contact Information for media:<\/strong>\n <\/p>\n

\n Lilium<\/strong>
\n
Meredith Bell
+41794325779
press@lilium.com<\/p>\n

\n UrbanV <\/strong>\n <\/p>\n

Fabiana Carboni
+39 3482270950
press@urbanv.com<\/p>\n

\n About Lilium <\/strong>\n <\/p>\n

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, offering 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 planned launch networks announced in Germany, the United States, Brazil, and the UK, Lilium\u2019s 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\u2019s headquarters and manufacturing facilities are in Munich, Germany, with teams based across Europe and the U.S. To learn more, visit\u00a0lilium.com<\/a>\u00a0<\/p>\n

\n About UrbanV<\/strong>\n <\/p>\n

UrbanV is a company established with the purpose to develop all activities related to Urban Air Mobility (\u201cUAM\u201d) and Advanced Air Mobility (\u201cAAM\u201d) which include but are not limited to: the study, the design, the construction, the maintenance and the management of the vertiports (airports for eVTOLs); the supply and management, individually or in collaboration with other subjects, of ground and \/ or in-flight services to passengers and commercial operators using AAM and UAM services; consultancy activities (such as feasibility studies and design of infrastructure) for the AAM and UAM sectors. For further information, go to www.urbanv.com<\/p>\n

\n Lilium Forward Looking Statements<\/strong>\n <\/p>\n

This press release contains certain forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding Lilium Group\u2019s proposed business and business model, the markets and industry in which Lilium N.V. and its subsidiaries (collectively, the \u201cLilium Group\u201d) operate or intend to operate, the Lilium Group\u2019s partnership with UrbanV, the anticipated timing of the commercialization and launch of the Lilium Group\u2019s business in phases and the expected results of the Lilium Group\u2019s business and business model, including when launched in phases. These forward-looking statements generally are identified by the words \u201cbelieve,\u201d \u201cproject,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cwill be,\u201d \u201cwill continue,\u201d \u201cwill likely result,\u201d and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on management\u2019s current expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Factors that could cause actual future events to differ materially from the forward-looking statements in this press release include those discussed in Lilium\u2019s filings with the U.S. Securities and Exchange Commission (\u201cSEC\u201d), including in the section titled \u201cRisk Factors\u201d in our Annual Report on Form 20-F for the year ended December 31, 2022, 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 the Lilium Group 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.<\/p>\n

A photo accompanying this announcement is available at https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/c3a5ec43-89d3-452d-987f-2073a219d7fa<\/a>\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Partnership will support electrification of premium tourist routes in the regions with vertiport infrastructure for Lilium aircraft and customers MUNICH, Germany, June 20, 2023 (GLOBE NEWSWIRE) — Electric mobility is taking shape in Italy and the French Riviera.\u00a0Lilium N.V. (NASDAQ: LILM),\u00a0developer of the first all-electric vertical take-off and landing (eVTOL) jet and UrbanV, a leader in vertiport design and management, have announced their partnership for the development of Advanced Air Mobility (AAM) infrastructure. The companies\u2019 partnership to develop vertiport infrastructure will enable eVTOL networks for Lilium aircraft and customers with an initial focus on Italy and the French Riviera, where UrbanV will launch its operations, with potential for further markets in the future. UrbanV brings efficient and sustainable advanced air … <\/p>\n

Continue reading “Lilium and UrbanV to collaborate on vertiports in Italy, the French Riviera and beyond”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-764947","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLilium and UrbanV to collaborate on vertiports in Italy, the French Riviera and beyond - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lilium-and-urbanv-to-collaborate-on-vertiports-in-italy-the-french-riviera-and-beyond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lilium and UrbanV to collaborate on vertiports in Italy, the French Riviera and beyond - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Partnership will support electrification of premium tourist routes in the regions with vertiport infrastructure for Lilium aircraft and customers MUNICH, Germany, June 20, 2023 (GLOBE NEWSWIRE) — Electric mobility is taking shape in Italy and the French Riviera.\u00a0Lilium N.V. (NASDAQ: LILM),\u00a0developer of the first all-electric vertical take-off and landing (eVTOL) jet and UrbanV, a leader in vertiport design and management, have announced their partnership for the development of Advanced Air Mobility (AAM) infrastructure. The companies\u2019 partnership to develop vertiport infrastructure will enable eVTOL networks for Lilium aircraft and customers with an initial focus on Italy and the French Riviera, where UrbanV will launch its operations, with potential for further markets in the future. 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