Brazil's Eve Air Mobility Unveils eVTOL Prototype with 2,900 Orders and $8 Billion Potential as 2026 Launch Nears Amid $94M Funding Boost

Eve, a Brazilian startup owned by Embraer, presented its first eVTOL aircraft at the 45th Farnborough Air Show.

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Founded in Melbourne, Florida, Eve announced an additional $94 million in capital for research and development.

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The battery-operated aircraft features two motors, eight fans for vertical movement, and fixed wings for horizontal movement.

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Initially, the aircraft will be tested by remote control without passengers.

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The aircraft aims to carry four passengers and a pilot up to 60 miles, suitable for short urban trips.

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Eve expects its first flight test for the eVTOL to occur by late this year or early next year.

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Diehl Aviation and ASE are key suppliers, handling interior design and power distribution systems.

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Eve, a subsidiary of Embraer, aims to get ANAC certification by 2026 and produce five models by next year.

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The company targets 480 crafts annually, with the first expected in late 2024, and has secured around 3000 orders from major clients.

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