Eve Air Mobility and Future Flight Global Sign Letter of Intent for up to 54 eVTOLs Serving Brazil and the United States

Core Insights - Eve Air Mobility has signed a Letter of Intent (LOI) with Future Flight Global to collaborate on electric Vertical Take-Off and Landing (eVTOL) aircraft for the Brazil and United States markets, enhancing Eve's existing backlog of LOIs [1][2] - The partnership aims to leverage Eve's eVTOL technology and certification process to provide efficient and sustainable air travel, addressing urban mobility challenges in high-demand markets [2][3] - Future Flight Global plans to utilize its operational expertise to expand Eve's market share, particularly in Brazil, and aims to transform urban mobility globally by deploying eVTOL aircraft [2][3] Company Overview - Eve Air Mobility is focused on accelerating the Urban Air Mobility (UAM) ecosystem, supported by Embraer's 55-year aerospace expertise, and is listed on the New York Stock Exchange under the tickers "EVEX" and "EVEXW" [4] - Future Flight Global is a pioneer in advanced air transportation, delivering innovative and sustainable mobility solutions, and aims to lead the third aerospace revolution [5] Market Outlook - The announcement follows Eve's Global Market Outlook, which highlights growth and demand in the urban air mobility sector over the next twenty years, driven by urban growth and traffic congestion [3]