- Letter of Intent contains buy of as much as 40 electrical vertical take-off and touchdown (eVTOL) plane
MELBOURNE, Fla., Dec. 08, 2022 – Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has signed a Letter of Intent (LOI) with FlyBIS Aviation Restricted (“FlyBIS”), a sophisticated air mobility start-up primarily based in Caxias do Sul, within the south of Brazil, to collaborate on the event of eVTOL operations in Brazil and South America. Based mostly on the settlement, FlyBIS can even buy as much as 40 of Eve’s eVTOL automobiles.
“This new collaboration with FlyBIS will allow us to develop the way forward for air mobility to Southern areas of Brazil and different South American nations,” mentioned Andre Stein, Co-CEO of Eve. “This area has a number of high-traffic vacationer areas that may profit from eVTOL operations, reinforcing our dedication to fostering the city air mobility market in numerous areas world wide.”
FlyBIS has change into a promising choice for air mobility in South Brazil within the quick time period and is ready to assist change and enhance the way in which future generations will transfer. After beginning operations in Brazil’s southern states, FlyBIS plans to develop operations to neighboring nations and contribute to the implementation and growth of Eve’s air mobility ecosystem. FlyBIS is backed by Courageous Aviation whose present fleet contains Embraer Phenom 100 in addition to different plane.
“We have now a powerful group in FlyBIS working along with Eve’s excellent workforce and second-to-none sources to develop and implement this venture in probably the most financially environment friendly and sustainable means,” mentioned FlyBIS Co-Founder and CEO Gustavo Zanettini, who can also be an aviation marketing consultant and airline pilot. “Our group may be very motivated and assured, and we can be working to vary future generations’ city air mobility for a extra accessible and cleaner expertise.”
FlyBIS’ automobiles are included in Eve’s industry-leading order backlog of as much as 2,770 eVTOLs.
Comply with Eve on Twitter: @Eveairmobility
FlyBIS was based with the Imaginative and prescient of a extra Sustainable and Environment friendly mobility future.
Your Time, Your Future! That’s our motivation to ship Superior Air Mobility (AAM) Options to the Southern States of Brazil as early as 2026 and to different Latin American nations as a part of our growth plan. Backed by Courageous Aviation and now partnering with Eve Air Mobility, FlyBIS brings many years of Aviation expertise to ship a greener and extra gratifying future. For extra info, please go to www.flybis.com.br or contact email@example.com.
About Eve Air Mobility
Eve is devoted to accelerating the City Air Mobility ecosystem. Benefitting from a start-up mindset, backed by Embraer’s greater than 50-year historical past of aerospace experience, and with a singular focus, Eve is taking a holistic strategy to progressing the UAM ecosystem, with a sophisticated eVTOL venture, a complete world companies and assist community and a singular air site visitors administration answer. Since Might 10, 2022, Eve is listed on the New York Inventory Trade, the place its shares of widespread inventory and public warrants commerce beneath the tickers “EVEX” and “EVEXW”. For extra info, please go to www.eveairmobility.com.
Ahead-Wanting Statements Disclosure
Sure statements on this press launch embody “forward-looking statements” throughout the which means of the “secure harbor” provisions of the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements could also be recognized by means of phrases resembling “estimate,” “plan,” “venture,” “forecast,” “intend,” “will,” “count on,” “anticipate,” “consider,” “search,” “goal”, “might”, “intend”, “predict”, “ought to”, “would”, “predict”, “potential”, “appear”, “future”, “outlook” or different comparable expressions (or unfavourable variations of such phrases or expressions) that predict or point out future occasions or tendencies or that aren’t statements of historic issues. All statements apart from statements of historic info are forward-looking statements and embody, however should not restricted to, statements concerning Eve’s and FlyBIS’ present expectations or forecasts of future occasions. These statements are primarily based on present assumptions about future occasions that won’t show to be correct and should not predictions of precise efficiency. These forward-looking statements are supplied for illustrative functions solely and should not meant to function, and should not be relied on by any investor as, a assure, an assurance, a prediction or a definitive assertion of truth or chance. Precise occasions and circumstances are tough or unimaginable to foretell and should differ from assumptions, and such variations could also be materials. Many precise occasions and circumstances are past the management of Eve and FlyBIS.
These forward-looking statements are topic to a lot of dangers and uncertainties, together with: (i) modifications in home and overseas enterprise, market, monetary, political and authorized situations; (ii) failure to comprehend the anticipated advantages of the introduced partnership between Eve and FlyBIS; (iii) dangers referring to the uncertainty of the projected monetary info with respect to Eve; (iv) the result of any authorized proceedings that could be instituted towards Eve; (v) future world, regional or native financial and market situations, together with the expansion and growth of the city air mobility market; (vi) the event, results and enforcement of legal guidelines and rules; (vii) Eve’s potential to develop and handle future progress, preserve relationships with prospects and suppliers and retain its key workers; (viii) Eve’s potential to develop new merchandise and options, convey them to market in a well timed method, and make enhancements to its platform; (ix) Eve’s potential to efficiently develop, receive certification for and commercialize its plane, (x) the consequences of competitors on Eve’s future enterprise; (xi) the result of any potential litigation, authorities and regulatory proceedings, investigations and inquiries; (xii) the impression of the worldwide COVID-19 pandemic and (xiii) these elements mentioned in Eve’s Registration Assertion on Type S-1/A filed on August 25, 2022 beneath the heading “Threat Components,” and different paperwork of Eve filed, or to be filed, with the Securities and Trade Fee (SEC).
If any of those dangers materialize or our assumptions show incorrect, precise outcomes might differ materially from the outcomes implied by these forward-looking statements. There could also be further dangers that Eve doesn’t presently know or that Eve presently believes are immaterial that would additionally trigger precise outcomes to vary from these contained within the forward-looking statements. As well as, forward-looking statements replicate Eve’s expectations, plans or forecasts of future occasions and views as of the date of this press launch. Eve anticipates that subsequent occasions and developments will trigger Eve’s assessments to vary. Nevertheless, whereas Eve might elect to replace these forward-looking statements sooner or later sooner or later, Eve particularly disclaims any obligation to take action. These forward-looking statements shouldn’t be relied upon as representing Eve’s assessments as of any date subsequent to the date of this press launch and undue reliance shouldn’t be positioned upon the forward-looking statements.