Eve Names Suppliers for eVTOL Sensors, Guidance and Navigation, Seats, and Flight Controls

Eve Names Suppliers for eVTOL Sensors, Guidance and Navigation, Seats, and Flight Controls

Thales, Honeywell, RECARO Aircraft Seating, and FACC sign long-term supply agreements

MELBOURNE, Fla. – Jan. 29, 2024 – Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has named four additional suppliers for its electric vertical takeoff and landing (eVTOL) aircraft. Thales will supply a proven air data solution, comprising sensors and a computer while Honeywell (NYSE: HON) will supply guidance, navigation and external lighting for the aircraft. RECARO Aircraft Seating will supply the eVTOL’s seats and FACC will supply the horizontal and vertical tail including the rudder and elevator.

“We continue to be on schedule with our master plan and we are building a strong and reputable list of qualified suppliers for our eVTOL aircraft,” said Johann Bordais, CEO of Eve Air Mobility. “We have been very deliberate in establishing a long-term working relationship with each of our suppliers.  Each agreement covers the aircraft’s life cycle including prototype, production, and aftermarket service and operational support. We look forward to working with Thales, Honeywell, RECARO and FACC as we progress toward entry into service in 2026 and well into the future.”

Honeywell will supply guidance and navigation products including magnetometers, GPS-aided attitude & heading reference systems, and inertial reference systems built upon decades of engineering and manufacturing experience. These systems will relay and aid the pilots and other onboard systems to ensure safe and efficient flight.  The company will also supply external lighting for the aircraft.

Thales will supply a proven air data solution, comprising sensors and computers, which gather critical data such as airspeed, altitude and environmental conditions. The solution then relays the information to pilots and onboard systems to ensure safe and efficient flight in all weather conditions.

RECARO Aircraft Seating, a global supplier of premium aircraft seats for airlines, OEMs and eVTOL aircraft, was selected to design, certify and produce the four passenger seats and one pilot seat for the aircraft. RECARO is widely recognized for product innovation, award-winning customer service and commitment to reliability, efficiency and sustainable practices.

FACC was selected to lead the development and production of the eVTOL’s horizontal and vertical tail including its rudder, elevator and the aircraft’s aileron.  FACC is recognized for its production of lightweight components relying on innovative manufacturing techniques and technology.

These new suppliers are in addition to Garmin, Liebherr Aerospace and Intergalactic that were announced in October and Nidec Aerospace LLC, a joint venture between Japan’s Nidec Corporation and Brazil’s Embraer, BAE Systems and DUC Hélices Propellers which were announced at the Paris Air Show this past summer.

Eve’s eVTOL aircraft utilizes a lift+cruise configuration with eight dedicated propellers for vertical flight and fixed wings to fly on cruise, with no change in the position of these components during flight. The latest concept includes an electric pusher powered by dual electric motors that provide propulsion redundancy while ensuring high performance and safety. While offering numerous advantages including lower cost of operation, fewer parts, optimized structures and systems, it has been developed to offer efficient thrust with low sound.

In July, the company announced that its first eVTOL production facility will be located in the city of Taubaté, in the state of São Paulo, Brazil. The company has begun assembly of its first full-scale eVTOL prototype which will be followed by a test campaign in 2024. Eve’s eVTOL is scheduled to begin deliveries and enter into service in 2026.

Concurrently, Eve continues to develop a comprehensive portfolio of agnostic service and operations solutions, including a unique Urban Air Traffic Management (Urban ATM) software to optimize and scale Urban Air Mobility operations worldwide.

Image: https://eve.imagerelay.com/share/8b94f41260df4daca4b96785d9131cce

Follow Eve on Twitter, Instagram, Facebook, LinkedIn and YouTube: @EveAirMobility.

About Eve Air Mobility

Eve is dedicated to accelerating the Urban Air Mobility ecosystem. Benefitting from a start-up mindset, backed by Embraer S.A.’s more than 50-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, comprehensive global services and support network and a unique air traffic management solution. Since May 10, 2022, Eve is listed on the New York Stock Exchange where its shares of common stock and public warrants trade under the tickers “EVEX” and “EVEXW”. For more information, please visit www.eveairmobility.com.

Contacts:

Eve Air Mobility: [email protected]

Forward-Looking Statement Disclosure

Certain statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,” “project,” “could,” “should,” “would,” “continue,” “seek,” “target,” “guidance,” “outlook,” “if current trends continue,” “optimistic,” “forecast” and other similar words or expressions. All statements, other than statements of historical facts, are forward-looking statements, including, but not limited to, statements about the company’s plans, objectives, expectations, outlooks, projections, intentions, estimates, and other statements of future events or conditions, including with respect to all companies or entities named within. These forward-looking statements are based on the company’s current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. These risks and uncertainties include, but are not limited to, those set forth herein as well as in Part I, Item 1A. Risk Factors and Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations of the company’s most recent Annual Report on Form 10-K, Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations and Part II, Item 1A. Risk Factors of the company’s most recent Quarterly Report on Form 10-Q, and other risks and uncertainties listed from time to time in the company’s other filings with the Securities and Exchange Commission. Additionally, there may be other factors of which the company is not currently aware that may affect matters discussed in the forward-looking statements and may also cause actual results to differ materially from those discussed. The company does not assume any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements. other than as required by law. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statement.

News
Eve Air Mobility and Signature Aviation Partner to Research Ecosystem Requirements and Services for Advanced Air Mobility Ground Operations
11 Dec, 2024

Eve Air Mobility and Signature Aviation Partner to Research Ecosystem Requirements and Services for Advanced Air Mobility Ground Operations

Learn more
Eve Air Mobility and Helicopters Inc. Sign Letter of Intent for up to 50 eVTOLs, Service Support and Urban ATM Software
03 Dec, 2024

Eve Air Mobility and Helicopters Inc. Sign Letter of Intent for up to 50 eVTOLs, Service Support and Urban ATM Software

Learn more
Eve Announces Additional US$35 Million from BNDES Line to Support eVTOL Development in 2025
01 Dec, 2024

Eve Announces Additional US$35 Million from BNDES Line to Support eVTOL Development in 2025

Learn more
Eve Air Mobility’s Final eVTOL Airworthiness Criteria Published by ANAC
05 Nov, 2024

Eve Air Mobility’s Final eVTOL Airworthiness Criteria Published by ANAC

Learn more
Eve, OHI and Revo Collaborate to Develop AAM Ecosystem in Brazil and Successfully Conclude First Simulation of Air Traffic Management
04 Nov, 2024

Eve, OHI and Revo Collaborate to Develop AAM Ecosystem in Brazil and Successfully Conclude First Simulation of Air Traffic Management

Learn more
Eve Air Mobility Selects Embraer-CAE Training Services as Training Partner
30 Oct, 2024

Eve Air Mobility Selects Embraer-CAE Training Services as Training Partner

Learn more
Eve Air Mobility Announces $50M Bank Loan to Support eVTOL Development
30 Oct, 2024

Eve Air Mobility Announces $50M Bank Loan to Support eVTOL Development

Learn more
Eve Air Mobility Presents Eve TechCare at MRO Europe
21 Oct, 2024

Eve Air Mobility Presents Eve TechCare at MRO Europe

Learn more
Eve Air Mobility Secures USD$88 million from BNDES to Finance eVTOL Manufacturing
15 Oct, 2024

Eve Air Mobility Secures USD$88 million from BNDES to Finance eVTOL Manufacturing

Learn more
Eve Air Mobility Announces Megha Bhatia as Chief Commercial Officer
17 Sep, 2024

Eve Air Mobility Announces Megha Bhatia as Chief Commercial Officer

Learn more
Eve Holding, Inc. Reports Second Quarter 2024 Results
06 Aug, 2024

Eve Holding, Inc. Reports Second Quarter 2024 Results

Learn more
Eve Air Mobility and Siemens Energize U.S. Advanced Air Mobility Industry
23 Jul, 2024

Eve Air Mobility and Siemens Energize U.S. Advanced Air Mobility Industry

Learn more
Eve Names Suppliers for eVTOL Interior and Power Distribution System
21 Jul, 2024

Eve Names Suppliers for eVTOL Interior and Power Distribution System

Learn more
Eve Air Mobility Unveils First Full-Scale eVTOL Prototype
21 Jul, 2024

Eve Air Mobility Unveils First Full-Scale eVTOL Prototype

Learn more
Eve Air Mobility Announces $94M New Equity to Support eVTOL Development
01 Jul, 2024

Eve Air Mobility Announces $94M New Equity to Support eVTOL Development

Learn more
Eve Names Suppliers for eVTOL Windows, Doors, and Fuselage Components
05 Jun, 2024

Eve Names Suppliers for eVTOL Windows, Doors, and Fuselage Components

Learn more
Eve Air Mobility and Saudia Technic Sign MOA to Explore MRO Activities and eVTOL Reassembly in Saudi Arabia
21 May, 2024

Eve Air Mobility and Saudia Technic Sign MOA to Explore MRO Activities and eVTOL Reassembly in Saudi Arabia

Learn more
Eve Air Mobility Unveils Teaser Video of First eVTOL
07 May, 2024

Eve Air Mobility Unveils Teaser Video of First eVTOL

Learn more
Eve Air Mobility Named a Member of Japan’s Advanced Air Mobility Public-Private Committee
30 Apr, 2024

Eve Air Mobility Named a Member of Japan’s Advanced Air Mobility Public-Private Committee

Learn more
Eve Air Mobility and AirX Inc. Sign Letter of Intent for up to 50 eVTOLs, Service Support, and Urban ATM Software
17 Apr, 2024

Eve Air Mobility and AirX Inc. Sign Letter of Intent for up to 50 eVTOLs, Service Support, and Urban ATM Software

Learn more
Eve Air Mobility Names KAI as Supplier for eVTOL Pylons
14 Apr, 2024

Eve Air Mobility Names KAI as Supplier for eVTOL Pylons

Learn more
Eve Air Mobility Presents Vector and Provides  Updates on the Urban ATM Software Development  
19 Mar, 2024

Eve Air Mobility Presents Vector and Provides  Updates on the Urban ATM Software Development  

Learn more
Eve Air Mobility to Host eVTOL Panel at SXSW 2024
11 Mar, 2024

Eve Air Mobility to Host eVTOL Panel at SXSW 2024

Learn more
Eve Reports  Fourth Quarter & FY 2023 Results 
07 Mar, 2024

Eve Reports  Fourth Quarter & FY 2023 Results 

Learn more
Eve Air Mobility Names Suppliers for Wings and Pilot Controls
19 Feb, 2024

Eve Air Mobility Names Suppliers for Wings and Pilot Controls

Learn more
Eve Air Mobility and SkyScape Announce First Urban ATM Agreement in Japan
19 Feb, 2024

Eve Air Mobility and SkyScape Announce First Urban ATM Agreement in Japan

Learn more
Eve Air Mobility and Yugo Sign Memorandum of Understanding to Study Potential for Urban Air Mobility Operations in Southeast Asia
18 Feb, 2024

Eve Air Mobility and Yugo Sign Memorandum of Understanding to Study Potential for Urban Air Mobility Operations in Southeast Asia

Learn more
Eve Air Mobility to Make Debut at Singapore Air Show
16 Feb, 2024

Eve Air Mobility to Make Debut at Singapore Air Show

Learn more
Eve announces Antonio João Carmesini Barcellos as Vice President of Industrialization 
06 Feb, 2024

Eve announces Antonio João Carmesini Barcellos as Vice President of Industrialization 

Learn more