Is Your Community Ready for Air Taxis? Planners take to the Skies APA - FL 2022 Florida Planning Conference
What is the state of the market? $2-3.5B invested in AAM in 2019 Over 320 eVTOL concepts and over 1,000 test flights in 2020 Estimated $500B market in the US and $1.9T globally by Source:2040Community Air Mobility Initiative (CAMI) Advanced & Urban Air Mobility Impact and Training
Why is AAM important for Planners? Enhanced mobility and transportation alternatives Regional cooperation Potential for enhanced sustainability Land use planning at Vertiports Economic development opportunities Equity considerations Proactive leadership
–
Airspace Classifications General Controlled and Uncontrolled
Building radically better ways of moving APA – September 2022
Source: Architectural performance assessment of eVTOL aircraft. Lilium engineering assessment. Management estimates based on publicly available information on prospective competing passenger eVTOL offerings. Projection based on current development status of aircraft. Lilium’s primary certification authority stipulates probability of a catastrophic failure must not exceed 10
an
9.
P. 9 takeVertical-off physical250kmrange noiseLow
Zeroemissionsoperating Commercial aviation safety level
The first electric vertical take off and landing jet
OF US AND EU GHG EMISSIONS TRANSPORTATION CONTRIBUTES needsTransportationtodecarbonize Source: International Energy Agency. Umweltbundesamt. Carbon Brief. European Parliament Research. BloombergNEF. US EPA. P. 10
Lilium Jet offers substantial time and CO2 savings P. 11 PALM ~1.5STATUSBEACHQUOhrsTIMESAVINGS ~20 mins ~1MIAMIhr CO2 SAVINGS ~15 kg TIME SAVINGS ~45 mins CO2 ~3STATUSFORTSAVINGSMYERSQUOhrs ~2 Source:~25PALMhrsBEACHkgLiliumBusiness Plan. Note: 7 Seater: 2026E. Time calculations based on projected Lilium flight time with average speed of 155 mph referring to trip time only. Routes shown for illustrative purposes only, based on management range estimates. MIAMIPALM BEACH FORT MYERS 100 mi 61 mi
P. 12
MANUFACTURING PARTNERS
Ducted Electric Vectored Thrust: (DEVT)
Very low noise and vibration
FROMOVER A OVERWEIGHINGSYSTEMJUST4KG
Source: Architectural performance assessment of an eVTOL aircraft.
Proprietary Technology based on proven principle
Safer and more redundant Designedscalabilityfor
E-motor with industryleading power density
Ultimate experience
Business jet cabin Luggage space Low noise Low vibration
Source: Architectural performance assessment of an eVTOL aircraft. Lilium engineering assessment. Management estimates.
P. 13
cabin
4 PASSENGER CLUB CABIN Defining the highest standards for space, comfort and design Generous space and comfort in a high-capacity configuration CabinoptionsfurnitureFace-to-faceseating Premiumseats 6 PASSENGER CABIN LuggagespaceGenerouslegroom windowsLarge
Doubled the number of flights per week
Main wing transition flight at a speed of 70kts
Critical milestone achieved:
Flight testing progress
P. 15
Significant validation of our flight physics and aircraft architecture
P. 17
B2B B2C
Lilium Business Model
aircraft and aftermarket services to early adopters in General and Business Aviation
Selling
Source:
Diversified business model
Commercial Aviation Lilium Network
aircraft and aftermarket services to commercial airlines, corporates, and governments
tickets on Lilium's passenger networks, operated by partners
Selling
Selling
Private and Fractional Ownership
P. 18 MoU intent: NetJets to have right to order up to 150 Lilium Jets – Support for Lilium Jet sales to private individuals – NetJets Inc. affiliate as prospective flight operations partner for Lilium network Subject to the parties finalizing commercial terms and entering into definitive documentation. PRIVATE AND FRACTIONAL OWNERSHIP MoU with the world’s largest private jet charter company NetJets
P. 19 ~$200m+ in planned capital investment by partners Access to first locally approved public vertiport site High level of engagement with local regulators and FAA Source: Lilium Business Plan. Management estimates. Note: Network based on mid term range potential. LILIUM NETWORK Vertiport network planned for Florida launch
Upgrading existing heliports / FBOs
LILIUM CONFIDENTIAL P. 20
Ground-up development of commercial vertiports
Ground-up development on private / corporate estates
This presentation contains the trademarks, service marks, trade names and copyrights of the Lilium Group and other companies, which are the property of their respective owners
Aircraft depicted in this presentation have been rendered utilizing computer graphics
No Representations or Warranties
Forward-Looking Statements and Risk Factors
This presentation contains descriptions of some of Lilium’s key business partnerships with whom Lilium has entered into feasibility studies, indications of interest, memorandums of understanding or other preliminary arrangements These descriptions are based on the Lilium management team’s discussions and the latest available information and estimates as of the date of this presentation In each case, these descriptions are subject to negotiation and execution of definitive agreements that may not have been completed as of the date of this presentation and, as a result, the nature, scope and content of these key business partnerships remain subject to change
Legal disclaimer
Financial Information
Some of the financial information and data contained in this presentation is unaudited and does not conform to Regulation S X Accordingly, such information and data may not be included in, may be adjusted in or may be presented differently in the reports and other documents the Lilium Group may from time to time file with the SEC You should review Lilium’s audited financial statements in its filings with the SEC for a presentation of Lilium’s historical IFRS financial information
Trademarks
No representations or warranties, express or implied, are given in, or in respect of, this presentation To the fullest extent permitted by law, in no circumstances will Lilium N V (“Lilium” or the “Company”) or its subsidiaries (collectively, the “Lilium Group”) or any of their respective shareholders, affiliates, representatives, partners, directors, officers, employees, advisers or agents be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from the use of this presentation, its contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith Industry and market data used in this presentation have been obtained from third party industry publications and sources, as well as from research reports prepared for other purposes that the Lilium Group believes are reasonable The Lilium Group has not independently verified the data obtained from these sources and cannot assure you of the data’s accuracy or completeness, and this data is subject to change This presentation does not purport to be exhaustive or to contain all the information to make a full analysis of the Lilium Group Except as otherwise required by applicable law, the Lilium Group disclaims any duty to update the information contained in this presentation
This presentation contains certain forward looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding the Lilium Group’s proposed business and business model, the markets and industry in which the Lilium Group operates or intends to operate, the anticipated timing of the commercialization and launch of the Lilium Group’s business in phases, our ability to successfully patent our intellectual property and the future performance of our innovations and the expected results of the Lilium Group’s business and business model, including when launched in phases These forward looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions Such statements are based on management’s belief or interpretation of information currently available Forward looking statements are predictions, projections and other statements about future events that are based on management’s current expectations with respect to future events and are based on assumptions and subject to significant risk and uncertainties and subject to change at any time. The Lilium Group operates and will continue to operate in a rapidly changing emerging industry New risks emerge every day Given these risks and uncertainties, you should not rely on or place undue reliance on these forward looking statements, including any statements regarding the timing or prospective outcome of Lilium’s flight testing campaigns and the timing of launch or manner in which any proposed eVTOL network or anticipated commercial activities will operate Actual events or results may differ materially from those contained in the projections or forward looking statements Many factors could cause actual future events to differ materially from the forward looking statements in this presentation, including, but not limited to, the following risks: ( ) the impact of COVID 19 on the Lilium Group’s business; (ii) the Lilium Group’s ability to realize the anticipated benefits of its recent business combination with Qell Acquisition Corp.; (iii) the Lilium Group’s ability to maintain the listing of its securities on the Nasdaq (iv) the market price of Lilium’s securities may be volatile due to a variety of factors, such as changes in the competitive environment in which the Lilium Group will operate, the regulatory framework of the industry in which the Lilium Group will operate, developments in the Lilium Group’s business and operations, and any future changes in its capital structure; (v) the Lilium Group’s ability to implement its business plans, operating models, forecasts and other expectations and identify and realize additional business opportunities; (vi) the Lilium Group’s and its partners’ inability to achieve anticipated specifications for the Lilium jet and any related infrastructure; (vii) general economic downturns or general systematic changes to the industry in which the Lilium Group will operate, including a negative safety incident involving Lilium or one of the Lilium Group’s competitors that results in decreased demand for the Lilium Group’s jets or services; (viii) the failure of the Lilium Group and its current and future business partners to successfully develop and commercialize the Lilium Group’s business or significant delays in its ability to do so; (ix) the Lilium Group may never achieve or sustain profitability; (x) the Lilium Group will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; (xi) the Lilium Group may experience difficulties in managing its growth, moving between development phases or expanding its operations (xii) third party suppliers, component manufacturers or service provider partners are not able to fully and timely meet their obligations or deliver the high level customer service that the Lilium Group’s customers will expect, and impacts from disruptions in the Lilium Group’s supply chains due to the COVID 19 pandemic, inflationary pressures or otherwise; (xiii) the Lilium Group’s jets not performing as expected, delays in producing the Lilium Group’s lineup of jets or delays in seeking full certification of all aspects of the Lilium Group’s lineup of jets, causing overall delays in the anticipated time frame for the Lilium Group’s commercialization and launch of any or all of the anticipated Lilium jet models; (xiv) the technology necessary to successfully operate the Lilium Group’s jets and business operations is delayed, unavailable, not available at commercially anticipated prices, not sufficiently tested, not certified for passenger use or otherwise unavailable to the Lilium Group based on its current expectations and anticipated needs; (xv) any identified material weaknesses in the Lilium Group’s internal control over financial reporting that, if not corrected, could adversely affect the reliability of the Lilium Group’s financial reporting (xvi) product liability lawsuits, civil or damages claims or regulatory proceedings relating to the Lilium Group’s jets, technology, intellectual property or services; (xvii) the Lilium Group’s inability to secure or protect its intellectual property; (xviii) that the final terms of any commercial transaction or strategic alliance with Lilium’s prospective partners and suppliers may differ, including materially, from the terms currently anticipated (xix) negative publicity about the Lilium Group, its employees, directors, management, shareholders, affiliated parties or Lilium’s founders; and (xx) currency fluctuation risk related to changes in foreign currency exchange rates from time to time The foregoing list of factors is not exhaustive Forward looking statements speak only as of the date they are made You are cautioned not to put undue reliance on forward looking statements, and the Lilium Group assumes no obligation to, and does not intend to, update or revise these forward looking statements, whether as a result of new information, future events or otherwise The Lilium Group is not giving you any assurance that it will achieve its expectations A further list and description of risks, uncertainties and other matters can be found in the section titled “Risk Factors” in our Annual Report on Form 20 F for the year ended December 31, 2021 (the “2021 Form 20 F”) and our other filings with the U S Securities and Exchange Commission (“SEC”), all of which are available at www sec gov These forward looking should be evaluated together with additional information about the Lilium Group’s business, markets, conditions and other uncertainties addressed in the 2021 Form 20 F and our other filings with the SEC All forward looking statements attributable to the Lilium Group or any person acting on its behalf are expressly qualified in their entirety by this cautionary statement
Description of Key Partnerships
Graphic Representations
The information contained herein is made as of July 04, 2022 and does not reflect any subsequent events
Jacques Coulon, AICP - Mobility Innovation Manager Jacques.coulon@orlando.gov Florida APA 2022 - Is your community ready for air taxis? Planners take to the skies
Purpose: for the City of Orlando to plan for the anticipated impacts associated with AAM through a regional connectivity plan
Proposed Lake Nona Vertiport (Tavistock Development Group and Lilium)
The AAM Transportation Plan will position the City with additional future-ready mobility options by identifying the vertiport locations to support the movement of residents, businesses and visitors.
Mobility Strategy: Develop a plan to engage private sector eVTOL takeoff and landing companies to connect activity centers within the Central Florida region (city taxi model) and connect Orlando to other cities within the southeast.
Cities
Continued innovation
Why is it important for the City? and counties must be at the forefront of the conversation on AAM and be active participants in policy formulation one knows the City better than ourselves, and no one is better positioned to understand the potential impacts of AAM mobility and transportation alternatives with our regional partners is regional in nature and must be considered with regional partners
Enhanced
No
Equity considerations AAM/UAM
Stakeholder Engagement
Stakeholder Engagement/Feedback
Airspace Visioning Activity Virtual Mapping Exercise – Potential Vertiport Locations – Potential AAM Corridors Considerations – Origins and destinations – Multimodal connectivity – Equity and community impacts – Economic development
Tourism attractions
and FBOs
Commuter Rail stations airports
Rural
destinationsStatewide Congested roadways corridors Corridors without interstate highways
How should Equity be considered? VI of the Civil Rights Act with Disabilities Act (ADA) 12898 (Environmental Justice) 13166 (Limited English Proficiency)
Title
Impacts on neighborhoods
and
Executive Orders
Americans
Economic:
– Zoning regulations may need to be updated to avoid impacts on underserved communities
Community:
– Additional community engagement is needed to inform and educate
– There will be economic benefits (employment, taxes, GDP), but it is too early for the City to invest in infrastructure without a partner
• FAA National Wildlife Strike Database (NWSD) identified 245,000 collisions between 1990 and 2020
Key takeaways so far
– Standard environmental assessments (habitat, wetlands, etc) at proposed vertiport sites
Environmental:
– Limited assessment of threatened and endangered species for airborne projects
What do planners need to know? Be comfortable learning about aviation Embrace an open dialog with the industry Become familiar with existing tools/resources on AAM – Community Air Mobility Initiative (CAMI) – NASA – Community Integration Pillar – FAA – Vertiport design – Existing consultants, many have aviation teams Be ready to learn some new acronyms! AAM, UAS, UAM, eVTOL, UAT, ConOps,….. Expect coordination with all levels of government (Federal, State, County…)
Vertiport Location and Integration Cities do not regulate controlled airspace Cities do regulate land use and transportation Next Steps – Policy review and update – Community education – Network demand modeling – Stakeholder engagement Image credits: Lilium Business Plan
Next Steps
Continued stakeholder outreach and information sharing with communities Revisions to Land Development Code and permitting process Regional travel demand modeling to identify target vertiport locations Ongoing coordination with NASA and Community Air Mobility Initiative (CAMI)
Learn More https://www.orlando.gov/Our - Government/Orlando - plans - for - afuture - ready - city/Advanced - Air - Mobility Jacques Coulon, AICP Mobility Innovation Jacques.coulon@orlando.govManager
Is Your Community Ready for Air Taxis?
2022 Florida Planning Conference Orlando, SeptemberFL6-9, 2022
Dr. Rubén Del Rosario Vice President, Aerospace & Advanced Transportation Crown Consulting Inc.
Planners Take to the Skies
Shaping the future of air transportation with concept design and deployment of systems and aircraft.
DevelopmentConcept Economic & Impact Analyses StrategicPlanning Design & DevelopmentTechnology Implementation & Project Management 39
development,
The Challenge: A transportation system that is sustainable, efficient, affordable 40Aviation will
• Combination
• Average urban commuter spends 54 hours yearly in traffic costing the U.S. Economy over $179 billion annually (Texas A&M Transportation Institute, 2019)
• Over $250 billion annual economic cost due to motor vehicle crashes (NHTSA, 2018)
• Single
•
solution…
• 2022 FHWA report predicts an increase of 22% Vehicle Mile Traveled (VMT) by 2049 Light Duty: 17% Unit Truck: 101% Truck: 57% be a part of the
U.S. Airports are Underutilized 41 1.6% of all trips 50 -500 miles taken by air 5,050 U.S. public airports 0.6% of U.S. airports support 70% of flightsSource:NASA “Regional Air Mobility Report,” April 2021
Advanced Air Mobility (AAM)
42
• Enables smart multimodal transportation connecting urban areas and regions and increasing the resiliency of the system
• Moves people and cargo between places not conveniently served by surface transportation and underserved by aviation.
Most Likely AAM Uses Moving Cargo and People 43 On-DemandAirTaxi AirRegionalMobility ShuttleAirport Cargo & DeliveryFreightCorporate/BusinessAviationMedical Services
Pillars for Advancing AAM EconomicAssessment&AnalysisMarket IntegrationCommunity DevelopmentVehicle&Production Airspace & Fleet Operations Management IndividualManagementVehicle&Operations SystemAirspaceDesign & Implementation 44
• Report authored for NASA by the Community Air Mobility Initiative (CAMI) in conjunction with Crown Consulting Inc.
•
•
45 InstitutionalReadiness Equity EngagementandMultimodalIntegrationFunding DevelopmentEconomic InfrastructureInteroperableReadinessWorkforceSustainabilityandEnvironment
•
Local Community AAM Considerations
•
• Massachusetts Department of Transportation Minnesota Department of Transportation North Central Texas Council of Governments Department of Transportation Ohio Unmanned Aircraft Systems Center of the Ohio Department of Transportation Content is complete; format and publication is pending NASA review
• A practical resource to inform local, regional, state, and tribal planning for AAM Produced through a series of workshops held with the five early adopter state and local government entities•City of Orlando, Florida
AAM and the State of Ohio$13 Billion Economic activity $2.5B Tax revenues 15,000 Jobs $11.4B GDP growth
CurtQuestions?Contact:Ostrodka:costrodka@vhb.com Matt Broffman: matthew.broffman@lilium.com Jacques Coulon: Jacques.coulon@cityoforlando.net Ruben Del Rosario: rdelrosario@crownci.com