Eve announces Letter of Intent for up to 150 eVTOLs from collaboration between Embraer and BAE Systems

Eve Embraer BAE Systems

Eve Holding announced today (19/07) at the Farnborough Airshow a non-binding Letter of Intent with Embraer and BAE Systems to explore the potential order of up to 150 electric vertical takeoff and landing vehicles (eVTOL).

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The objective is to analyze the application of aircraft for the defense and security market. In a separate announcement, BAE Systems and Embraer signed a Memorandum of Understanding at the Farnborough International Airshow to potentially form a t venture and collaboratively develop an innovative defense variant of the eVTOL using the Eve platform.

“The BAE Systems and Embraer teams will continue to work together to explore how the aircraft, designed for the urban mobility market, can provide cost-effective capability, be sustainable and adaptable as a defense variant”, said Jackson Schneider, President and CEO of Embraer Defense and Security.

“Our customers' operating environment is increasingly complex and eVTOL is just one example of how we are looking at emerging technologies, including those in the commercial market. We are exploring how we can adapt these solutions to bring vital operational capability to our customers quickly and at lower cost – while ing environmental and sustainability goals.”, commented Ian Muldowney, COO of BAE Systems Air.

In December 2021, Embraer and BAE Systems disclosed plans to collaborate on developing the Eve eVTOL as a potential defense variant. This agreement reinforces the confidence of leading aerospace organizations in the Eve vehicle and its adaptability for purposes other than urban air mobility.

Andre Stein, Co-CEO of Eve, added: “We are thrilled that Embraer and BAE Systems have chosen Eve as the platform for this collaboration. Our eVTOL can be tailored to suit many key applications in this market, such as humanitarian response and disaster relief. This collaboration also indicates that the defense market can be more sustainable while at the same time allowing Eve to remain focused on exploring the Urban Air Mobility market.”

The potential order will add to Eve's current backlog of 1910 eVTOLS, the largest within the Advanced Air Mobility industry.

 

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