Eve Air Mobility Publishes Inaugural Sustainability Report as eVTOL Flight Test Campaign Advances Toward 2027 Certification

Eve Air Mobility (NYSE: EVEX), an eVTOL aircraft and urban air mobility solutions company backed by Embraer’s 56-year aerospace heritage, published its inaugural Sustainability Report on July 13, 2026, outlining its ESG strategy across its eVTOL aircraft, Eve Vector® air traffic management software, and Eve TechCare® service platform. The report arrives alongside active flight test momentum: Eve completed 59 hover and low-speed flights on its full-scale prototype by May 2026 and is targeting transition flights by late 2026, with ANAC type certification and first deliveries targeted for 2027.

An Integrated UAM Ecosystem Built Around Zero-Emission Flight

Eve’s eVTOL aircraft is designed for zero local carbon and particulate emissions during flight, powered entirely by electricity and engineered for significantly quieter operations than conventional helicopters. Its manufacturing operations in Brazil run on 100% renewable energy, and the planned production facility will incorporate water reuse systems and sustainable waste management. Eve’s Green Finance Framework links capital raising to its sustainability objectives and the UN Sustainable Development Goals. The company identifies a $280 billion passenger revenue opportunity over the next 20 years, driven by urbanization and congestion in the world’s densest cities—a market it intends to serve with all three elements of its integrated ecosystem rather than the aircraft alone.

Flight Test Progress Underpins the Certification and Delivery Timeline

Eve completed the first flight of its full-scale uncrewed prototype on December 19, 2025, at Embraer’s Gavião Peixoto facility, validating its fifth-generation fly-by-wire system and fixed-pitch lifter rotors. By May 2026, the prototype had logged 59 flights and over two hours of accumulated airtime, reaching 215 feet above ground level and validating control laws, thermal behavior, and propulsion models below 15 knots. Transition flights—moving the aircraft from hover to wingborne flight—are targeted for July or August 2026. Six conforming prototypes are planned for the full certification campaign, with production components manufacturing underway at a dedicated Taubaté facility capable of scaling to 480 aircraft per year. Notably, a March 2026 demonstration flight for Brazilian President Lula and senior government officials—including the ANAC president—reinforced the program’s national significance and regulatory relationship.

Financing and Order Activity Support the Commercialization Case

Eve secured $150 million in financing in January 2026, alongside a separate commitment from the Private Export Funding Corporation and the U.S. Export-Import Bank. The order backlog continues to grow ahead of certification: a February 2026 letter of intent from Japanese operator AirX covers two aircraft for sightseeing and last-mile missions in Tokyo and Osaka, joining earlier agreements with Revo in São Paulo, U.S. operator Helicopters Inc., and an Australian partnership with Alt Air and Skyports Infrastructure covering New South Wales and Queensland. Eve’s workforce of 210 employees—supported by approximately 800 Embraer employees—holds Great Place to Work® certification for 2024/2025, reflecting the governance and talent infrastructure the company has built alongside its technical program.

Strategic Investment Summary

• ESG Report Published: Eve Air Mobility (NYSE: EVEX) released its inaugural Sustainability Report on July 13, 2026, covering its zero-emission eVTOL aircraft, Eve Vector® ATM software, and Eve TechCare® service platform across environmental, social, and governance dimensions.
• Flight Test Progress: Eve logged 59 flights and over two hours of airtime on its full-scale prototype by May 2026, completing the hover and low-speed block and targeting transition flights in July or August 2026.
• Certification Timeline: ANAC type certification is targeted for 2027, with six conforming prototypes planned for the campaign and a Taubaté production facility scaling toward 480 aircraft per year.
• Financing Secured: Eve raised $150 million in January 2026 and secured PEFCO/US EXIM Bank support, providing runway through the certification and early commercial delivery phase.
• Order Backlog Growing: Recent LOIs include AirX in Japan, Revo in Brazil, Helicopters Inc. in the U.S., and an Australian operator partnership, extending Eve’s commercial reach across four continents ahead of first deliveries.
• Market Opportunity: Eve’s Global Market Outlook identifies a $280 billion passenger revenue opportunity over 20 years, driven by urbanization and urban congestion in the world’s largest cities.

Find out more about the latest corporate developments and financial reports at the Eve Air Mobility investor portal.