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Eve Air Mobility Secures $150 Million Financing For AAM eVTOL Development

Eve Air Mobility has obtained $150 million in debt financing from a group of major banks to support the development, certification, and future commercialization of its AAM / UAM eVTOL aircraft, bringing the company’s total funding to $1.2 billion

Story and Image Eleanor Widdows
aaminternational.com

Eve Air Mobility has secured $150 million in debt financing from a syndicate of international financial institutions to accelerate the development and certification of its electric AAM Vertical Take-off and Landing (eVTOL) aircraft.

The five-year loan involves a group of major banks including Itau, Banco do Brasil, Citibank, and Mitsubishi UFJ Financial Group. This capital injection brings Eve’s total funding to $1.2 billion, positioning the company as one of the most well-capitalized entities in the emerging urban air mobility sector.

The financing is intended to support long-term research and development, including the integration of its eVTOL aircraft into a wider operational ecosystem.

These proceeds will accelerate technology development, deepen collaboration with infrastructure partners and regulators, and support aircraft certification and commercialization. It also strengthens Eve’s ability to meet growing global demand for sustainable, low-emission air transport and scale operations across key urban markets.

Eduardo Couto, chief financial officer at Eve Air Mobility, commented, “This successful debt raise represents a significant milestone for Eve and a strong endorsement of our leadership in shaping the future of urban air mobility. The confidence of large banks reinforces our commitment to delivering a fully integrated eVTOL ecosystem. This financing provides long-term resources necessary to accelerate development, advance certification, and execute our strategic roadmap through 2028 and beyond.”

Eve recently achieved the first flight of its full-scale engineering prototype at Embraer’s test facility in Brazil. This milestone included a successful hover that validated the aircraft’s energy management systems and fly-by-wire controls. Following this success, Eve is preparing for a comprehensive test campaign scheduled to run throughout 2026.

Eve is reinforcing its position in the U.S. UAM urban air mobility ecosystem through an expanding network of suppliers, customers, and strategic partners. As a leading OEM, the company’s collaborative approach is embedding its technology and services across the U.S. market, supporting long-term growth and operational readiness throughout the urban air mobility value chain.

… notes from SP

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EVHNews
Electric-Hybrid E Automotive, E Aviation, E Marine Technology & Future Innovative Electric-Hybrid VTOL Aerospace Tech News Around The World! EVHNews.com is a dedicated global digital Technology platform for EVVTOL a Global EV / Hybrid Automotive, E-Aviation, E-VTOL, E-Marine Future Technology Industry Show & Expo Event Organization where the world biggest EV & E-VTOL brands invest in the future of transportation. EV H News is committed to the Electric Vehicles & EV-Hybrid Automotive, E-Aviation E-VTOL-UAV E-Marine, industry including e-mobility e-semi & e-truck. This digital platform will include reviews and resources from global industry leaders, many with a focus on clean blue technology and alternative fuels where applicable. EVH news platform is for all to have access to the tools and information available for the future for breakthrough e-technology of the e-automotive, e-aviation, e-marine, e-motorcycle e-semi & e-truck e-motorsport industries. About EVVTOL • EVVTOL a new corporation branding itself as the most Influential global future technology show / expo event organization by strategically positioning itself to successfully facilitate EV and VTOL transportation industry clients with their needs! • EVVTOL’s goal is to showcase the EV & VTOL industry and introduce the major EV & VTOL vehicles and component manufactures in the e-tech world by unveiling and displaying cutting-edge EV & E-VTOL technology. • EVVTOL mission is to introduce multiple technology shows & expos including influential high-level EV business summits based on the dual themes of business engagement with key manufacturers working in the EV & E mobility Industry, energy vehicle information technology and charging infrastructure Industry. These events are excellent opportunities to learn about and discuss the latest future transportation technology advancements in EV& VTOL industry, and the battery energy challenges that still remain. (evvtol.org) 877-4EV-VTOL (877-438-8865)

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