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Lilium NV
Claude-Dornier Strasse 1, Bldg. 335
Phone: (415) 874-3000p:415 874-3000 WESSLING, CA  82234  Germany Ticker: LILMFLILMF
Filed for Insolvency on 11/6/2024
On 11/6/2024, Lilium N.V. filed a motion for the opening of regular Insolvency Proceedings with the Competent Insolvency Court of Weilheim in Germany.
On 10/28/2024, Lilium GmbH and Lilium eAircraft GmbH, the principal operating wholly-owned German subsidiaries of Lilium N.V. filed for Insolvency in the local Court of Weilheim in Germany under Self-Administration Proceedings pursuant to Section 270(a) of the German Insolvency Code. The Court approved the filings and appointed a custodian and preliminary creditors committee.
Business Summary
Lilium NV is a Germany-based aviation company, formerly Lilium BV. The Company is focused on developing an electric vertical takeoff and landing (eVTOL) aircraft for use in air transport system for people and goods that offers connectivity. The Company's product is an electric, seven-seater jet aircraft that take-off and land vertically with low noise, which is called as the Lilium Jet. Its eVTOL aircraft is made up of battery technology, lightweight materials, sensors and computing power and propulsion technology. The Company's Lilium Jet architecture is based on Ducted Electric Vectored Thrust (DEVT) technology. DEVT consists of electric turbofans mounted within a cylindrical duct. The Company also operates a digital platform, which provides integration between Lilium Jets and its vertiports. Its online booking channels help customers find suitable flights, make reservations, select related travel products and collect necessary passenger information.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023YesYes---

Industries
SIC Code Description
3721 Aircraft
6770 Blank checks
7372 Prepackaged software

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board ThomasEnders 65 9/1/2021 9/1/2021
Chief Executive Officer, Executive Director KlausRoewe 59 10/1/2022 10/1/2022
Chief Financial Officer OliverVogelgesang 56 1/15/2023 1/15/2023
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Lilium GmbH Claude-Dornier-Strasse 1, Geb. 335 Wessling Germany
Lilium Eaircraft GmbH Claude-Dornier-Strasse 1, Geb. 335 Wessling Bavaria Germany
Qell Acquisition Corp 601 MARSHALL STREET REDWOOD CITY California United States

Business Names
Business Name
Lilium Aviation France SAS
Lilium Aviation Inc.
Lilium Aviation Spain SLU
11 additional Business Names available in full report.

General Information
Number of Employees: 864 (As of 12/31/2023)
Outstanding Shares: 632,640,819 (As of 9/26/2024)
Shareholders: 2
Stock Exchange: OTC
Federal Tax Id: 981554553


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Thursday, November 21, 2024