Eve Air Mobility Unveils Teaser Video of First eVTOL

MELBOURNE, Fla. – Could 8, 2024 – Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) as we speak unveiled a teaser video of its first full-scale eVTOL non-conforming prototype because it continues manufacturing of the plane at its facility in Brazil. Eve launched the video on its social media channels and can proceed to share extra updates on its progress within the coming months.

Watch Video: https://www.youtube.com/watch?v=5PL1wKTe9j8

“We’re making nice progress on the meeting of our first eVTOL prototype and we’re on schedule to finish manufacturing and start flying,” mentioned Johann Bordais, CEO, Eve Air Mobility. “From the start, we have now been constant and steadfast taking an holistic method to City Air Mobility by understanding the required ecosystem and infrastructure vital for eVTOL flights, growing providers and operations options to help our prospects on Day 1 and launching Vector, an revolutionary air site visitors administration software program resolution. We’re excited to start out sharing our progress with our eVTOL growth.”

Eve is uniquely positioned having been spun out of Embraer-X, Embraer’s enterprise and innovation accelerator. By way of its relationship, Eve is ready to reap the benefits of Embraer’s greater than 50 years of expertise of growing, designing and certifying plane because it develops its eVTOL. Moreover, prospects will even profit from getting access to an already established world community of service and help places, important to making sure dependable, protected and environment friendly operations.

Eve’s eVTOL plane makes use of eight devoted propellers for vertical flight and stuck wings to fly on cruise, with no change within the place of those elements throughout flight. The newest idea contains an electrical pusher powered by twin electrical motors that present propulsion redundancy with the objective of making certain the best ranges of efficiency and security. Whereas providing quite a few benefits together with decrease price of operation, fewer components, optimized constructions, and methods, it has been developed to supply environment friendly thrust with low sound.

Final yr, the corporate introduced that its first eVTOL manufacturing facility will likely be situated within the metropolis of Taubaté, within the state of São Paulo, Brazil. The corporate has begun meeting of its first full-scale eVTOL prototype which will likely be adopted by a check marketing campaign. Eve has letters of intent for practically 3,000 eVTOLs and the plane is predicted to enter into service in 2026.

Pictures: https://eve.imagerelay.com/fl/72a3005dbbb742afba42d5f07df61b98

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About Eve

Eve is devoted to accelerating the City Air Mobility ecosystem. Benefitting from a start-up mindset, backed by Embraer S.A.’s greater than 50-year historical past of aerospace experience, and with a singular focus, Eve is taking a holistic method to progressing the UAM ecosystem, with a complicated eVTOL undertaking, a complete world providers and help community and a novel air site visitors administration resolution. Since Could 10, 2022, Eve has been listed on the New York Inventory Change, the place its shares of frequent inventory and public warrants commerce below the tickers “EVEX” and “EVEXW.” For extra info, please go to www.eveairmobility.com.

Contacts

Eve Air Mobility: media@eveairmobility.com

Ahead-Trying Assertion Disclosure

Sure statements contained on this launch are forward-looking statements throughout the that means of the Personal Securities Litigation Reform Act of 1995. These forward-looking statements could also be recognized by phrases resembling “might,” “will,” “count on,” “intend,” “anticipate,” “imagine,” “estimate,” “plan,” “undertaking,” “may,” “ought to,” “would,” “proceed,” “search,” “goal,” “steering,” “outlook,” “if present developments proceed,” “optimistic,” “forecast” and different related phrases or expressions. All statements, apart from statements of historic information, are forward-looking statements, together with, however not restricted to, statements concerning the firm’s plans, targets, expectations, outlooks, projections, intentions, estimates, and different statements of future occasions or situations, together with with respect to all firms or entities named inside. These forward-looking statements are primarily based on the corporate’s present targets, beliefs and expectations, and they’re topic to important dangers and uncertainties which will trigger precise outcomes and monetary place and timing of sure occasions to vary materially from the data within the forward-looking statements. These dangers and uncertainties embrace, however aren’t restricted to, these set forth herein in addition to in Half I, Merchandise 1A. Threat Components and Half II, Merchandise 7. Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations of the corporate’s most up-to-date Annual Report on Type 10-Ok, Half I, Merchandise 2. Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations and Half II, Merchandise 1A. Threat Components of the corporate’s most up-to-date Quarterly Report on Type 10-Q, and different dangers and uncertainties listed on occasion within the firm’s different filings with the Securities and Change Fee. Moreover, there could also be different components of which the corporate isn’t at present conscious which will have an effect on issues mentioned within the forward-looking statements and can also trigger precise outcomes to vary materially from these mentioned. The corporate doesn’t assume any obligation to publicly replace or complement any forward-looking assertion to replicate precise outcomes, adjustments in assumptions or adjustments in different components affecting these forward-looking statements. apart from as required by regulation. Any forward-looking statements converse solely as of the date hereof or as of the dates indicated within the assertion

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