Eve Air Mobility Secures $150 Million in Debt Financing to Advance eVTOL Certification and Commercialization
Eve Air Mobility (“Eve”) (NYSE: EVEX, EVEXW; B3: EVEB31) has finalized a $150 million debt financing agreement with a syndicate of major financial institutions. The 5-year loan, supported by Itau, Banco do Brasil, Citibank, and Mitsubishi UFJ Financial Group, signals strong investor confidence in Eve’s strategic direction and its role in the emerging urban air mobility (UAM) sector.
“This successful debt raise represents a significant milestone for Eve and a strong endorsement of our leadership in shaping the future of urban air mobility,” stated Eduardo Couto, chief financial officer at Eve Air Mobility. “The confidence of large banks reinforces our commitment to delivering a fully integrated eVTOL ecosystem. This financing provides long-term resources necessary to accelerate development, advance certification, and execute our strategic roadmap through 2028 and beyond.”
The proceeds will be allocated to research and development initiatives, focusing on the integration of Eve’s electric vertical take-off and landing (eVTOL) aircraft into a comprehensive UAM ecosystem. This capital infusion is set to accelerate technological advancements, support aircraft certification processes, and fortify partnerships with infrastructure and regulatory bodies. The funding enhances Eve’s liquidity and strengthens its capacity to scale operations in key urban markets to meet the global demand for sustainable air transportation.
With this transaction, Eve’s total funding has reached $1.2 billion, positioning it as one of the most well-capitalized companies in the eVTOL industry. The announcement follows the successful first flight of Eve’s full-scale engineering prototype, which initiated a comprehensive test campaign for 2026 and validated critical systems such as fly-by-wire controls. Eve continues to solidify its leadership in the U.S. market through a growing network of suppliers, customers, and strategic partners, building a foundation for long-term operational readiness.
About Eve Air Mobility
Eve Air Mobility is dedicated to accelerating the Urban Air Mobility ecosystem. Benefitting from a start-up mindset, backed by Embraer’s 56-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the Urban Air Mobility ecosystem, with an advanced eVTOL project, comprehensive global services and support network and a unique air traffic management solution. Eve is listed on the New York Stock Exchange (EVEX; EVEXW) and the São Paulo Stock Exchange (EVEB31), where its shares of common stock, public warrants and Brazilian Depository Receipts are traded. For more information, please visit www.eveairmobility.com.
