Lilium N.v. · OTC:LILMF
Lilium — Investor Presentation (August 2023)
28 slides from Lilium's investor presentation, August 2023
Slide 1: Revolutionizing sustainable, high-speed regional air mobility
Revolutionizing sustainable, high-speed regional air mobility August 2023
Slide 2: Company key facts
Company key facts German-based aerospace company A Global leader in electric jet aviation ~850 employees, including 450+ engineers founded in 2015 and with unique aircraft design and with deep aerospace experience listed on Nasdaq since 2021 proprietary technologies Co-located and fully integrated A
Slide 3: The Lilium Jet
The Lilium Jet 250KM ZERO HIGH-SPEED PHYSICAL RANGE 1 LOW NOISE OPERATING EMISSIONS HIGHEST SAFETY 250 KM/H1 175 KM OPERATING RANGE1.2 68 dBA at 100 M1 FULLY ELECTRIC1 10-9 SAFETY LEVEL3 1Performance targets based on current development status of aircraft. Cruise speed based on Lilium engineering as
Slide 4: Our vision is to democratize electric aviation
Our vision is to democratize electric aviation Launch in BA/GA Segment, scale in Commercial Aviation Democratize electric aviation Replace high CO2 - Scale to scheduled Introduce additional high-range 50-Pax CTOL emitting private aviation commercial services aircraft leveraging Lilium technology fli
Slide 5: Our management team comprising outstanding leaders in aerospace
Our management team comprising outstanding leaders in aerospace BOARD ENGINEERING, PROGRAM, AND MANUFACTURING FINANCE AND COMMERCIALIZATION Tom Enders Klaus Roewe Daniel Wiegand Alastair McIntosh Yves Yemsi Oliver Vogelgesang Sebastien Borel Chairman & Investor Chief Executive Officer Chief Engineer
Slide 6: Lilium continues to unlock key value drivers
Lilium continues to unlock key value drivers 2015 - 2020 2021 2022 2023 2024E 2025E Test campaign Developed 4 generations Historic Sign binding agreements First manned flight with type Receive Type with 5th gen. of test aircraft transition flight with deposits conforming aircraft Certification test
Slide 7: The Lilium cabin – being designed to deliver a premium passenger experience
The Lilium cabin – being designed to deliver a premium passenger experience Source: Company information; photos of Lilium exhibit at European Business Aviation P. 7 Convention & Exhibition (EBACE), Geneva, Switzerland, May 23, 2023.
Slide 8: Why we believe Lilium's design wins
Why we believe Lilium’s design wins PASSENGERS PREFER JETS 1 SPACIOUS PREMIUM CABIN HIGH PAYLOAD, HIGH SPEED, AND LONG RANGE 2 SCALABLE AND VERSATILE PLATFORM HIGHEST SAFETY STANDARDS IN THE INDUSTRY 3 LOW PHYSICAL COMPLEXITY – SOFTW ARE CONTROLLED Source: Lilium engineering assessment & management
Slide 9: Versatile design can serve multiple business segments
Versatile design can serve multiple business segments 4 PASSENGER CLUB CABIN 6 PASSENGER SHUTTLE CABIN FLEXIBLE CARGO CABIN: 6 m3 volume SCALABLE PLATFORM Larger form factors on same technologies in the future Source: Lilium engineering assessment & management estimates. P. 9
Slide 10: Plan to launch in premium, scale with OEM sales – first PDPs received
Plan to launch in premium, scale with OEM sales – first Pre-Delivery Payments (PDPs) received LAUNCH IN PREMIUM MARKET SCALING IN MASS MARKET PRIVATE AND FRACTIONAL OWNERSHIP & SHUTTLE & FLEET OPERATORS CHARTER SERVICES Plan to take pre-delivery payments by end of 2023 Taking deposits and pre-delive
Slide 11: Lilium achieves breakthrough into the Chinese market
Lilium achieves breakthrough into the Chinese market – Partnership announced with Shenzhen municipality – Agreement signed with Heli-Eastern for the prospective sale of 100 Lilium Jets – Lilium is the first non-Chinese eVTOL company to announce an aircraft deal in China – China could represent up to
Slide 12: Pioneer Edition Lilium Jet
Pioneer Edition Lilium Jet – Limited run of Lilium Jets expected to be sold via direct sales & partners – Customization options – >50% of purchase price expected to be paid as pre-delivery payments – Delivery slots reserved for 31 aircraft Source: Company information. P. 12
Slide 13: Order pipeline of 745 aircraft
Order pipeline of 745 aircraft – Right to order up to 40 Lilium Jets First pre-delivery payments received – Sustainable Scandinavian air mobility – Right to order up to 20 Lilium Pioneer Edition Jets – Premium sustainable demand in UK market – Right to order up to 6 Lilium Jets – Premium demand in B
Slide 14: Pre-delivery payments and deposit considerations
Pre-delivery payments and deposit considerations Lilium plans to – Private individuals assumed to pay a deposit receive additional Deposits when signing binding purchase agreement deposits in 2023 PRE-DELIVERY PAYMENTS Ramp-up of PDPs “(...), commercial airlines would pay OEMs anticipated in 2023 PD
Slide 15: Highly differentiated core technologies – protected by patent filings
Highly differentiated core technologies – protected by patent filings ELECTRIC DUCTED PROPRIETARY ARCHITECTURE AND FUTURE: JET ENGINES BATTERY SYSTEMS FLIGHT CONTROLS AUTOMATION & AUTONOMY Source: Lilium management estimates. Note: Core technologies such as electric ducted jet engines, proprietary b
Slide 16: Ducted Electric Vectored Thrust differentiates Lilium jet from open-rotor competitors
Ducted Electric Vectored Thrust (DEVT) differentiates Lilium jet from all open-rotor competitors − 95% of all global airplanes use jet engines, which are preferred by customers for their high safety, low vibrations, and low noise − We have developed our own electric version, with an electric motor r
Slide 17: Progress towards validation of battery packs
Progress towards validation of battery packs Confirmation of battery cell technology – Our cell technology has been shown to offer exceptional capacity, power and cycle life – Third-party independent laboratory testing has confirmed 88% energy retention in Lilium's full-size prototype cells after 80
Slide 18: Circular battery economy and renewable electric infrastructure
Circular battery economy and renewable electric infrastructure Building the next generation of Re-use batteries Recycle batteries fast charging infrastructure ABB & Lilium plan to revolutionize charging Used cells still have Possible to recover >95% infrastructure for regional air travel ~80% of sto
Slide 19: Lilium's high cruise efficiency is positioned to yield significant range improvements
Lilium’s high cruise efficiency is positioned to yield significant range improvements as batteries improve ENERGY ESTIMATED OPERATIONAL RANGE (KM) DENSITY (Wh/kg) ~175km ~275km 2030E 500 LILIUM JET Vertical Take-off Transitions BATTERY 2025 ELECTRIC VEHICLE 300 Cruise Phase Vertical Landing 100 Rese
Slide 20: Lilium technology uniquely enables a portfolio of electric aircraft
Lilium technology and capabilities uniquely enable a portfolio of electric aircraft Enabling capabilities eCTOL (electric conventional take-off and landing) – Electric jet engines Technology enables larger regional electric aircraft with runway take-off and landing capability, replacing highly carbo
Slide 21: Secured intellectual property value in key eVTOL technologies
Secured intellectual property value in key eVTOL technologies Lilium Patent Applications by Systems 93 patents filed Structure Avionics & Flight & Interior Control 62 patents published Core patents protected in EU, US, China Custom ~18% ~11% Electronics Seven patents granted further confirming innov
Slide 22: Robust supply chain with leading aerospace suppliers
Robust supply chain with leading aerospace suppliers Starting the assembly of the Lilium Jet by end of 2023 Avionics and flight Aerostructures Seats Interior, interior lights Engine rotor blades Aerostructures Inceptor system control computer and floor and engine shaft Data recorder Landing gear, En
Slide 23: First Lilium Jet primary structures and composite skin built
First Lilium Jet primary structures and composite skin built BELLY SKIN FORWARD FRAME AFT FRAME INTERNAL FRAME – Aciturri completed several primary structures, as well as completing the first skin section in composite material – Tooling work is progressing on additional fuselage parts as well as win
Slide 24: Flight tests validate architecture & support certification
Flight tests validate architecture & support certification Full transition in straight and level flight conditions Test data validates robustness of computer models – consistent with engineering estimates – supporting certification Max speed 136 kt / 250 km/h achieved Demonstrator flight campaign in
Slide 25: Wind tunnel testing demonstrates Lilium Jet's aerodynamics
Wind tunnel testing demonstrates Lilium Jet’s aerodynamics – Wind tunnel testing conducted of complete Lilium Jet model through multiple speed ranges including hover and cruise – Significant insights gained on flight performance in hover and high-speed flight Source: Company information P. 25
Slide 26: First eVTOL manufacturer with both EASA and FAA certification basis
Lilium first (and so far only) eVTOL manufacturer with both an EASA and FAA certification basis for powered lift eVTOL aircraft Certification Basis EASA AGREED: EASA Certification Basis issued in 2020 Which requirements will apply for the Lilium Jet? FAA IN PROCESS: FAA Certification Basis G-1 recei
Slide 27: Why Lilium is the best value proposition to customers and investors
Why Lilium is the best value proposition to customers and investors CUSTOMER TRACTION & SEASONED AVIATION CREDIBLE EXPECTED CERTIFICATION PATH EXECUTIVE TEAM Start with high-margin Premium, followed by high volume Highly experienced team that has designed, certified, OEM & network sales manufactured
Slide 28: Legal Disclaimer
Legal Disclaimer No Representations or Warranties No representations or warranties, express or implied, are given in, or in respect of, this presentation or the accompanying oral presentation (collectively, this “presentation”). This presentation does not purport to be comprehensive or all-inclusive