Eve Air Mobility Receives Grant to Develop Sustainable Urban Air Mobility Solutions
Key Ideas
- Eve Air Mobility has been granted $15.8 million by FINEP for innovative solutions in sustainable urban air mobility, marking a significant milestone for the company's growth and leadership.
- The grant aligns with strategic focus areas like autonomous flight systems, hydrogen propulsion, and sustainable aviation fuel testing, emphasizing Eve's commitment to environmental sustainability.
- The project will accelerate the development of digital solutions and technologies, enhance the digital ecosystem, and advance eVTOL testing for operational efficiency and safety.
- Eve's partnership with FINEP signifies a step towards shaping the future of urban air mobility in Brazil and beyond, leveraging Embraer's legacy and innovative mindset.
Eve Air Mobility, based in São Paulo, Brazil, has received a grant of up to $15.8 million from FINEP, Brazil’s Funding Authority for Studies and Projects. This grant, the first non-repayable funding awarded to Eve, reflects the company's dedication to innovation and sustainability in urban air mobility solutions. The total project investment, amounting to $33.8 million, combines the grant with Eve's contribution. The grant was awarded under FINEP’s call for 'Technologies for More Sustainable Aviation,' focusing on areas like autonomous flight systems, hydrogen propulsion, and sustainable aviation fuel testing. Eve's project will prioritize these areas to align with its innovation roadmap. The CEO of Eve Air Mobility, Johann Bordais, highlighted the partnership with FINEP as a pivotal milestone and emphasized the company's mission to create safe, sustainable, and efficient air mobility experiences. The grant will accelerate the development of digital solutions and technologies to shape the future of urban air mobility. The project also includes the advancement of Eve's digital ecosystem and the development of Eve TechCare, an aftermarket services platform. The company is currently undergoing comprehensive testing with the eVTOL prototype to ensure operational efficiency and safety. This collaboration with FINEP and focus on innovation positions Eve as a key player in the evolution of urban air mobility in Brazil and globally.