Lilium (NASDAQ: LILM) is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods. Vice President, Information for Investors: Lilium’s most recent Shareholder Letter, published on March 28, 2023, highlighted its continued achievements towards important milestones, including a successful high-speed Phoenix demonstrator flight, continued commercial momentum, confirmation of the Lilium Jet’s battery technology, certification progress, and advances in our supply chain, all of which are accelerating the Company towards the start of production of the first type-conforming aircraft. We hope to announce further updates soon.” We remain in multiple constructive discussions with existing and potential new investors. With this financing, we are excited to continue our development program at full pace. Lilium CEO Klaus Roewe stated, “The capital raise announced today marks an important development in our ongoing mission to revolutionize the aviation industry. Once this development milestone is achieved, which is planned for the second half of 2024, Lilium expects to benefit from the contribution of substantial pre-delivery payments (PDPs) which will help fund its subsequent capital requirements. This capital raise enables Lilium to continue the development of its Lilium Jet at full pace and would cover most of the estimated capital required to achieve first manned flight of the type-conforming aircraft. A Form 6-K has been filed by the Company with the Securities and Exchange Commission on May 1, 2023. (“Lilium” or the “Company”) (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, today announced a capital raise for up to $250 million, with $100 million funded at close. Just like in top-class sports, practice makes perfect! And that’s exactly what the KochCup provides an important impetus for.”, adds Anton Schmaus, Michelin-starred chef, head chef of the German national soccer team, restaurateur, author and concept developer.įor additional information on the competition, please visit the KochCup website.įor further questions, please contact Alexander Mannweiler.MUNICH, Germany, : Lilium N.V. Being able to cook with a plant-based approach is no longer a trend, but a culinary direction that you need to have in your portfolio as a chef or cook. “As patron of the KochCup, I would like to motivate trainees not only to create fancy and delicious dishes, but also to think about tomorrow in the process. In the KochCup project, the trainees can put their creative skills in the spotlight as part of the 2024 European Football Championship and thus stimulate guests’ and professionals’ appetites for innovative, delicious and sustainable food.”, notes Sandra Warden, Managing Director at the German Hotel and Restaurant Association (DEHOGA) and vocational training expert. “Sustainability and resource-saving management play a major role in the hospitality industry, which is why they have also been given more space in our new training programs. All winners from the preliminary rounds and the finals will receive awards and their recipes will be featured on the project website, in the media and on social media. The winners will have the opportunity to take a master class with star chef Stephan Hentschel & Friends. For example, recipes should be as far as possible plant-based, organic, seasonal, regional, and should produce as little food waste as possible. How tasty, healthy, and sustainable a recipe is will be decided by an interdisciplinary jury of food and environmental experts as well as professional chefs and sport scientists on the basis of various criteria. From May to end of July 2023, culinary trainees can submit their seasonal, regional, and plant-based recipes to the KochCup project and become part of the competition. The competition, which is supported by the German Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV), is primarily aimed at German trainee chefs. How? Through organising a competition of sustainable recipes that will run before and during EURO 2024. Our KochCup project wants to capitalise on the popularity of the 17 th men’s UEFA Football Championship (EURO 2024) to raise awareness and mainstream environmentally-friendly food. Sustainable Recipes Wanted: Our KochCUP Project Competition Is Launched!īeyond competition on the field, sports like football are a powerful way to change things for the better on a larger scale.
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