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Farnborough 2022: Eve announces LOI for up to 150 eVTOLs from collaboration between Embraer and BAE

Eve Holding has announced at the Farnborough Airshow a non-binding Letter of Intent (“LOI”) with Embraer and BAE Systems to explore the potential order of up to 150 electric vertical take-off and landing (eVTOL) vehicles with the aim of examining the aircraft application for the defence and security market.  In a separate announcement, the company also said BAE Systems and Embraer signed a Memorandum of Understanding (“MoU”) at Farnborough International Airshow to potentially form a joint venture to collaboratively develop an innovative defence eVTOL variant using Eve’s platform.

The company says it was “In December 2021, Embraer and BAE Systems disclosed plans to collaborate on developing Eve’s eVTOL as a potential defence variant. This agreement reinforces the trust of the leading aerospace organisations in Eve’s vehicle and its adaptability for purposes other than urban air mobility”

Andre Stein, Co-CEO of Eve, added: “Our eVTOL can be adapted to meet various essential applications in this market, such as humanitarian response and disaster relief. This collaboration also indicates that the defence market can be more sustainable and at the same time allows Eve to remain focused on exploring the Urban Air Mobility market.”

The potential order the company says will be added to Eve’s current backlog of 1,910 eVTOLS, the largest within the Advanced Air Mobility (AAM) industry.

For more information

www.eveairmobilty.com

(Image: Eve Air Mobility)

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