Lilium Supports NYC EDC’s Decision to Seek Agnostic Operator for Downtown Manhattan Heliport & AAM’s Inclusion; Heliport will Serve as Key Site in Northeast Corridor Regional Network for Lilium Jet - Seite 2

New York Poised for Regional Air Mobility
Lilium has been a champion for RAM, furthering accessible and sustainable transportation beyond city limits. “With New York City and the surrounding area having a population of nearly 20 million, we believe NYCEDC’s goal for range versatility primes the city and surrounding areas for robust economic potential,” said Borel. “In creating connectivity beyond the five boroughs, New York City can support bringing time saving and sustainable benefits to businesses, residents and visitors alike.”

Lilium is the only major eVTOL manufacturer with planned capabilities that would provide for true regional air mobility connections. The potential of eVTOLs for NYC is creating sustainable regional connectivity with the entire Northeast Corridor. Lilium believes this promise is realized with the Lilium Jet, with a planned launch range that can reach Philadelphia, Atlantic City and the Hamptons, and as battery technology improves, connect downtown NYC to Baltimore, Boston, Martha’s Vineyard and beyond.

Lilium will continue working with NYC officials, potential vertiport operators and planned operators of the Lilium Jet to support this project. The Northeast Corridor regional network will form part of Lilium’s vision of bringing regional air mobility to locations across the globe.

Contact information for media:

Meredith Bell
Vice President, External Communications
[e-mail]

Contact information for investors:

Rama Bondada
Vice President, Investor Relations
[e-mail]

About Lilium
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, designed to offer 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 announced sales and indications of interest in Europe, the United States, China, Brazil, the UK, the United Arab Emirates, and the Kingdom of Saudi Arabia, Lilium’s 950+ strong team includes approximately 500 aerospace engineers 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 across Europe and the U.S. To learn more, visit www.lilium.com.