Eve Urban Air Mobility to Go Public Written 22 December 2021


Artist’s rendition of an Urban Air Mobility environment | NASA

Aviation International News reports that Eve Urban Air Mobility on Tuesday “became the latest eVTOL aircraft developer to announce plans to go public via a merger with a special purpose acquisition company.” Known backers include “scheduled airlines SkyWest and Republic Airways, which along with leasing group Azurra Aviation on Tuesday confirmed provisional orders for up to 500 of the Eve eVTOL vehicle, respectively committing to 100, 200, and 200 units each.” Embraer is to remain Eve’s majority shareholder, with an 82 percent stake, “that is also supported by $25 million from Zanite Sponsor and $105 million from a consortium of financial and strategic investors also including BAE Systems, Bradesco BBI, Falko Regional Aircraft, and Rolls-Royce.”
Full Story (Aviation International News)