Eve (US:EVEX)2025-05-12 10:15Product Development & Testing - The full-scale prototype is preparing for its first flight, with ground tests ongoing [2, 4] - Pusher motors have been successfully tested and installed, and lifters are undergoing testing and shipment for installation [3] - Continuous enhancement is being achieved through the use of Iron Bird, rigs, and simulation [3, 10, 13, 16] - Suppliers are increasingly engaged for conforming vehicles [3, 21, 23] Infrastructure & Manufacturing - Infrastructure is being prepared for conforming prototypes at the Embraer site in São José dos Campos, Brazil [30, 31] - A hangar is ready for tooling, machinery, and equipment to assemble conforming prototypes [33] Commercial & Financial - The company has pre-orders for approximately 2800 eVTOL aircraft, valued at around $14 billion based on the current list price [35] - Potential revenue from Services & Support (EVE TechCare) is estimated at $1.6 billion with 14 customers in 8 countries [35] - Air Traffic Control (VECTOR) has 21 customers in 10 countries [35] - Research & Development (R&D) expenses for 1Q25 were $44.7 million, compared to $27.5 million in 1Q24 [36] - The company anticipates total cash consumption between $200 million and $250 million for 2025 [38]