Lilium shares rise on contract with eVolare

Lilium NV

05/12/2022 12:38

** U.S.-listed shares of air taxi maker Lilium N.V.  LILM.O 
up about 2% at $1.5 premarket 
    ** Co announces contract with UK-based Volare Aviation's
unit, eVolare 
    ** Says eVolare to buy 10 Lilium Pioneer Edition Jets with
option to reserve up to an additional 10  
    ** Says eVolare to be co's lead partner and launch operator
in the UK for sale of Lilium Jet to private individuals
    ** As of last close, LILM down 78.8% YTD 
 (Reporting by Vansh Agarwal in Bengaluru)
 ((Vansh.Agarwal@thomsonreuters.com;))