Eve Air Mobility has successfully secured $150 million in debt financing from significant financial institutions including Itau, Banco do Brasil, Citibank, and Mitsubishi UFJ Financial Group. This funding will expedite the development and certification of Eve’s electric vertical takeoff and landing (eVTOL) aircraft, along with its integration into an extensive urban air mobility ecosystem. The financing reflects substantial investor confidence in Eve’s long-term vision and strategies.

The capital will support Eve’s research and development efforts, facilitating advances in aircraft certification and commercialization while ensuring compliance with global aviation standards. Eduardo Couto, Chief Financial Officer at Eve Air Mobility, remarked, “The confidence of large banks reinforces our commitment to delivering a fully integrated eVTOL ecosystem.”

Eve’s total funding reaches $1.2 billion, positioning it among the best-capitalized competitors in the burgeoning eVTOL sector. The company has recently completed the first flight of its full-scale engineering prototype at Embraer’s testing facility in Brazil, a crucial milestone toward commercialization. This successful hover confirmed essential systems, including fly-by-wire controls and energy management, and marked the beginning of an extensive testing campaign set for 2026.

Eve Air Mobility continues to enhance its role in the US urban air mobility landscape, cultivating a growing network of suppliers, customers, and strategic partners. By fostering collaboration, the company aims to embed its technology and services deeply within the US market, establishing a robust foundation for sustainable growth and operational readiness across the entire urban air mobility value chain.