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Business Air News
The monthly news publication for aviation professionals.
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Eve positions itself at genesis of UAM revolution
Eve, and its parent company Embraer, believe that the potential of the UAM market is vast. Eve is developing a full portfolio of solutions to enable the UAM market, including the progression and certification of its eVTOL.
In the future, the sky could be full of UAM vehicles.

Eve Urban Air Mobility Solutions (Eve) has been launched as a new, independent company dedicated to accelerating the urban air mobility (UAM) ecosystem. Eve is developing a full portfolio of solutions to enable the UAM market, including the progression and certification of the company's electric vertical takeoff and landing vehicle (eVTOL), the associated comprehensive services and support network, and the creation of urban air traffic management solutions. André Stein, former head of strategy for EmbraerX, has been appointed CEO of Eve. Having been incubated for almost four years within EmbraerX, now is considered the right time to establish Eve as an independent company.

“We value the vast potential of the UAM market, as it represents a new business segment in which we foresee significant opportunities for Embraer,” comments Francisco Gomes Neto, president and CEO of Embraer. “Innovation and diversification are key pillars of our new strategic plan, which will increase revenue and improve profitability over the next few years. That is why I am eager to announce Eve, the first company to graduate from EmbraerX. Eve stands primed to create a new frontier in transportation with intelligent, environmentally friendly, autonomous-ready aircraft and the associated ubiquitous support and urban air traffic management solutions.”

As part of the company's initiative to accelerate the UAM revolution, EmbraerX has been part of the Uber Elevate Network since its inception in 2017. “Eve's launch is an important next step in commercialising Embraer's eVTOL designs while building on Embraer's ability to design, certify and deliver safe, globally-accepted aircraft. We look forward to our continued partnership to make aerial ride sharing a reality,” says Eric Allison, head of Uber Elevate.

Other News
 
Further suppliers named for Eve eVTOL
January 29, 2024
Eve has signed long-term supply agreements with Thales, Honeywell, Recaro Aircraft Seating and FACC for eVTOL sensors, guidance and navigation, seats and flight controls.
Eve receives long-term ESG financing guarantee from Bradesco Bank
January 2, 2024
Eve has been given around $2m in green financing by Brazil's Bradesco bank. This could serve as a reference for other companies that wish to adopt more sustainable practices, an increasing trend in the credit market.
Eve puts eVTOL criteria into public domain
December 28, 2023
The public has until mid February to comment on Eve's proposed airworthiness criteria. Meanwhile the developer discussed aircraft, ops, ecosystem readiness, services and solutions at a Customer Advisory Board.