EmbraerX spin-off will shape the future of Urban Aerial Mobility – Air Power

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Melbourne, October 15, 2020 – Eve Urban Air Mobility Solutions, Inc. (Eve) was launched today as a new, independent company dedicated to developing the Urban Air Mobility (UAM) ecosystem. Eve is developing a complete portfolio of solutions to prepare the UAM market and ultimately benefit people’s lives, including the development and certification of the company’s vertical takeoff and landing electric vehicle (eVTOL), a comprehensive network of support and associated services and the creation of urban air traffic management solutions. André Stein, responsible for EmbraerX’s strategy, was appointed CEO of Eve.

Eve will benefit from greater focus, speed and agility, allowing the company to innovate and execute at an accelerated pace in order to better take advantage of global UAM opportunities. After being incubated for almost four years at EmbraerX, this is the right time to establish Eve as an independent company.

“We value the enormous potential of the UAM market, as it represents a new business segment in which we see great opportunities for Embraer. Innovation and diversification are pillars of Embraer’s new strategic plan, which will increase revenue and profitability in the coming years, ”said Francisco Gomes Neto, Embraer President and CEO. “Therefore, it is a great pleasure to announce Eve, the first company formed from EmbraerX. Eve is prepared to design the new frontier in transportation with smart, environmentally friendly and autonomous aircraft, the broad associated support and urban air traffic management solutions ”.

As part of the company’s initiative to accelerate the urban air mobility revolution, EmbraerX has been part of the Uber Elevate project since its inception in 2017.

“Eve’s launch is an important advance in the commercialization of Embraer’s eVTOL projects, while building on Embraer’s ability to design, certify and deliver safe and globally accepted aircraft. We look forward to continuing our partnership to make air travel sharing a reality, ”said Eric Allison, head of Uber Elevate.

Benefiting from a startup mentality, supported by the history of more than 50 years of Embraer’s aerospace experience, Eve presents a unique and valuable market proposal. Eve’s eVTOL project, centered on human beings, represents the development of a real and certifiable product, as evidenced by the first flight of the engineering simulator in July 2020. The company is taking advantage of the experience of Embraer and Atech, a subsidiary of the Grupo Embraer, in the supply of air traffic management software worldwide recognized to create the solutions that will help to safely dimension the UAM industry going forward.

Sobre a Eve Urban Air Mobility Solutions (Eve)

Eve is a new, independent company dedicated to developing the Urban Air Mobility (UAM) ecosystem. Benefiting from a startup mindset, backed by Embraer’s history of more than 50 years of aerospace experience, and with a specific focus, Eve is taking a holistic approach to progress in the UAM ecosystem, with an advanced electric vehicle design from vertical takeoff and landing (eVTOL), a comprehensive global service and support network and a unique air traffic management solution. Eve is the first company formed from EmbraerX. For more information, visit www.eveairmobility.com.

About EmbraerX

EmbraerX is a market accelerator committed to the development of solutions that transform life’s experiences. A disruptive innovation subsidiary of Embraer SA, is located on the Florida Space Coast, in Melbourne, in the United States, integrated with the Company’s engineering team in Brazil, all collaborating with the global innovation communities.

EmbraerX’s team of innovators, creators, thought leaders and designers combines the vision of human-centered development with business and engineering expertise to tackle some of humanity’s biggest mobility problems. For more information, visit EmbraerX.com

About Embraer

A global aerospace company based in Brazil, Embraer operates in the segments of Commercial Aviation, Executive Aviation, Defense & Security and Agricultural Aviation. The Company designs, develops, manufactures and markets aircraft and systems, in addition to providing after-sales services & support to customers.

Since its founding in 1969, Embraer has delivered more than 8,000 aircraft. On average, every 10 seconds an aircraft manufactured by Embraer takes off from somewhere in the world, carrying more than 145 million passengers annually.

Embraer is a leader in the manufacture of commercial jets with up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service centers and parts distribution, among other activities, in the Americas, Africa, Asia and Europe.

About Atech

Recognized as a Brazilian “System House”, Atech is a subsidiary of the Embraer Group and has always been guided by innovation to help transform the country. With unique expertise in systems engineering and situational awareness technologies and decision making support, Atech operates in the development of innovative solutions with applications in the areas of air traffic, command and control systems, cyber security, instrumentation and control systems, embedded systems, simulators and logistics. The company is responsible for the development and modernization of the entire Brazilian airspace management and defense system. For its performance, the company is recognized and certified as a Strategic Defense Company by the Ministry of Defense.

DISCLOSURE: Embraer

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