Lilium and eVolare confirm the signing of sale and purchase agreements for 4 Lilium Jets, with potential deliveries of up to 12 additional aircraft

Core Insights - Lilium N.V. has signed binding sale and purchase agreements with eVolare for the acquisition of 4 Lilium Jets, with additional reservations for up to 12 more jets [1][2] - eVolare plans to operate these jets in the London area, enhancing regional air mobility by connecting London with outer cities and coastal regions [1][2] - The partnership aims to develop a network of vertiports and facilitate operations upon the Lilium Jet's entry into service, potentially deploying up to 16 aircraft in the London area [2] Company Overview - Lilium is focused on creating a sustainable and accessible mode of high-speed regional transportation using its all-electric vertical take-off and landing jet, designed for high performance and zero operating emissions [4][5] - The company has a strong team of over 1000 employees, including approximately 500 aerospace engineers, and is headquartered in Munich, Germany [4] - Lilium has announced interest and sales in various global markets, including Europe, the United States, and the UK, indicating a broad market appeal [4] eVolare's Role - eVolare, a subsidiary of Volare Aviation, is positioned as the UK's distributor for the Lilium Jet and aims to lead the eVTOL market in the UK [5][6] - The company emphasizes sustainability and aims to transform urban air travel with electric aircraft that reduce carbon emissions [6] - eVolare's founder expressed confidence in Lilium's ecosystem for eVTOL operations, highlighting the partnership's potential for success in the UK market [3]