Lilium N.V. (NASDAQ:LILM) Q1 2024 Earnings Conference Call June 11, 2024 8:00 AM ET

Company Participants

Rama Bondada - Global Head of Investor Relations
Klaus Roewe - Chief Executive Officer
Johan Malmqvist - Chief Financial Officer
Sebastien Borel - Co-Founder and Chief Engineer for Innovation
Daniel Wiegand - Co-Founder and Chief Executive Officer

Conference Call Participants

Savanthi Syth - Raymond James
Mike Crawford - B. Riley Securities
Bill Peterson - J.P. Morgan
Austin Moeller - Canaccord Genuity

Operator

Good day and thank you for standing by. Welcome to Lilium's Q1 2024 Business Update Conference Call. At this time, all participants are in listen only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.

I’d now like to hand the conference over to your first speaker today. Please go ahead.

Rama Bondada

Good afternoon and good morning, everyone. My name is Rama Bondada, I am Lilium’s Global Head of Investor Relations. Welcome to our first quarter 2024 business update.

With us today for the presentation, we have our Chief Executive Officer, Klaus Roewe; and our Chief Financial Officer, Johan Malmqvist. Our Chief Commercial Officer, Sebastien Borel, and our Co-Founder and Chief Engineer for Innovation, Daniel Wiegand, will also be with us to answer questions after the presentation. Please note that a recording of the conference call will be posted on Lilium’s Investor Relations page soon after this event. As a reminder, this morning we posted our Q1 2024 shareholder letter on our website and we invite you to take a look.

Before handing over to our first speaker, let me just point out that our presentation will include forward-looking statements within the meaning of the United States Federal Securities Law that are subject to risks, uncertainties, and other factors that could cause Lilium’s actual results to differ materially from such statements. Please refer to the cautionary statement in our shareholder letter and the risk factors discussed in our filings with the U.S. Securities and Exchange Commission for more information on these risks.

So without further ado, let me hand it over to Klaus. Klaus?

Klaus Roewe

Thank you, Rama. Great to join you all on this call today. Coming back from recent air shows in Geneva and Berlin and the many meetings there with customers, suppliers, and other industry players, and in particular highest ranking politicians from different countries, it's clear we have a product that really stands out. A product that fascinates and draws in the crowds. What's maybe less understood are the very unique qualities of Lilium as a company, our approach, our business model, and our core technologies.