Dark/Light Mode
(02/07/24)
Eve Air Mobility, a global electric vertical
take-off and landing (eVTOL) aircraft manufacturer and services
provider, has raised US$94 million in new equity financing from multiple
investors.
The funding, which includes the issuance of new shares
of common stock and warrants, includes participation from a
diverse group of global industrial companies that include Embraer, Nidec and additional financial investors.
“We appreciate the confidence that these investors
are placing in Eve. The new equity, along with existing cash and
credit lines, ensures Eve is well positioned as we continue to
build momentum and advance in the development and manufacturing of
our eVTOL,” said Eduardo Couto, Chief Financial Officer at Eve Air
Mobility. “With the industry’s largest pre-order book with letters
of intent for 2,900 aircraft and strong program development
partners, Eve has continued to demonstrate the opportunity that
our company presents for both strategic and financial investors.”
Eve Air Mobility’s eVTOL prototype
The company entered into agreements, dated as of
28 June 2024, for the issuance and sale of 23,500,000 new shares
of the company’s common stock at a purchase price of US$4.00 per
share, the exchange of certain warrants for shares of common
stock, and the granting of warrants to certain investors.
The
private placement is expected to result in gross proceeds to Eve
of US$94 million, before deducting other offering expenses.
The equity funding is expected to close over the
coming weeks, subject to the satisfaction of customary closing
conditions.
The company has engaged Bradesco BBI as its
exclusive financial advisor and Skadden, Arps, Slate, Meagher &
Flom as its legal advisor.
Eve’s eVTOL Aircraft
The company is completing assembly of its first
full-scale eVTOL prototype which will be followed by a test
campaign.
Eve’s eVTOL aircraft has eight dedicated
propellers for vertical flight and fixed wings to fly in cruise,
with no change in the position of those components during flight.
The concept includes an electric pusher powered by dual electric
motors that provide propulsion redundancy.
Concurrently, Eve continues to develop a comprehensive
portfolio of agnostic services and operations solutions, including
Vector, a unique Urban Air Traffic Management software to optimize
and scale Advanced Air Mobility operations worldwide.
See also :
Urban Air Mobility, eVTOL and ATC – HD Video Interview with
Yannick Assouad PhD, EVP Avionics, Thales .
Latest
exclusive video interviews : Future of Air Travel –
Interview with Sumesh Patel, President of SITA Asia Pacific ; Miss
International Queen 2024 (MIQ 2024) – Interview with Alisa
Phanthusak, MD, Tiffany’s Show Pattaya, Thailand ; 16
HD Video Interviews from Routes Europe 2024 in Aarhus, Denmark ;
9 HD Video Interviews from Routes Asia 2024 in Langkawi, Malaysia ;
Standard to Open Residences in Hua Hin and Phuket, Thailand; Video
Interview with Amar Lalvani, Executive Chairman ;
9 Exclusive Video Interviews
from ASEAN Tourism Forum
2024
in Vientiane, Laos;
8 NTO Press Conferences from ASEAN Tourism Forum 2024 in
Vientiane, Laos ;
13 HD Video Interviews from World Travel
Market 2023 in London, England ;
5 HD Video Interviews from APG World Connect 2023 in Monaco, France ;
and
15 HD Video Interviews from Routes World 2023 in Istanbul, Türkiye .
Headlines: Mandarin Oriental Opens Special Hotel in Beijing, China AirAsia to Launch Penang – Shenzhen and Kota Kinabalu – Shantou Flights Boeing Forecasts Passenger and Cargo Needs of China’s Aviation Industry Air Corsica Takes Delivery of ATR’s 1,700th Turboprop Aircraft Minor Hotels to Open Anantara Resort Ubud Bali in October Uruguayan Air Force to Add A-29 Super Tucano Aircraft to Fleet Air Astana to Increase Flights to Phuket, Thailand; Signs Codeshare Deal with JAL Hong Kong Airlines to Resume Long-Haul Flights with Seasonal Gold Coast Service IHG Signs Two Hotels in Quang Binh, Vietnam Marriott Opens Moxy Hotel in Mumbai, India Torsten Richter Returns to Minor Hotels as AGM of Indonesia and Malaysia Minor Set to Open World’s Third NH Resort in Maldives Asiana Airlines and Air Serbia Appoint APG as GSA IndiGo to Launch New Delhi – Vijayawada Flights Hong Kong Airport Reports Strong Increases in Cargo and Passenger Traffic Delta Begins Rollout of Free Wi-Fi on Long-Haul International Routes Thai AirAsia X to Resume Flights Between Bangkok and Sydney, Australia Marriott Partners Sonder to Add Over 9,000 Rooms to Portfolio IHG Opens Hotel Indigo in Bandung, Indonesia IndiGo Enhances Operations with Aviobook, an Electronic Flight Folder from Thales Boeing Invests in Wagner SAF Refinery in Brisbane, Australia Aeroflot to Resume Flights Between Yekaterinburg and Bangkok, Phuket and Goa Air Astana Takes Delivery of 56th Aircraft; Confirms Plan to Launch Phu Quoc Flights Seibu Prince Rebrands Hotel in Singapore airBaltic Appoints APG as GSA in Egypt Korean Air and Delta Air Lines Partner Habitat for Humanity to Make a Difference in Cheonan Air New Zealand, Garuda, Qantas and Singapore Airlines Begin UPR Trials on 38 Routes Thai AirAsia Reports Q2 and H1 2024 Results; Confirms Full-Year Targets EL AL Israel Airlines Finalises Deal for 31 Aircraft Cebu Pacific to Launch Davao – Hong Kong and Iloilo – Singapore Flights Poland to Become Largest Operator of Apache Combat Helicopters Outside of USA Singha Estate Partners Ascott for Rebranding of Two Hotels in the United Kingdom IndiGo to Launch Coimbatore – Singapore Flights; Increase Frequency of Select Services Parveen Kumar Joins Grand Hyatt Jakarta as General Manager Azerai Appoints Jimmy Tran as Group Director of Sales & Marketing South Korea to Strengthen Airborne Surveillance and Reconnaissance Capabilities AirAsia to Launch Flights from Kuala Lumpur to Port Blair in Andaman and Nicobar Islands Virgin Australia to Replace Fokker 100s with Embraer E190-E2 Aircraft Cross Adds Two Hotels in Bangkok, Thailand to Portfolio airBaltic Exercises Options on 10 Airbus A220-300 Aircraft Etihad to Increase Thailand Flights; Resume A380 Service to Singapore Dusit Signs Hotel and Condo on Rama 3 Road in Bangkok, Thailand Cape and Kantary Hotels to Expand Portfolio with Serviced Suites in Korat, Thailand Thai Airways Reports Q2 and H1 2024 Results China Airlines Extends Cargo Handling Contract with FCS Goldfinch Becomes First Piloted Electric Aircraft to Fly at NASA’s Langley Research Center Rosewood Signs Luxury 33-Suite Resort in Exuma, Bahamas British Airways Expands Codeshare with Bangkok Airways Aeroflot Unveils Most Popular International Destinations in H1 2024 Marriott Executive Apartments Open on Sukhumvit Soi 49 in Bangkok, Thailand Uday Rao Appointed RVP and GM of Four Seasons Hotel Tokyo at Otemachi in Japan Cebu Pacific to Resume International Flights and Increase Domestic Services from Davao CapitaLand Ascott Trust Secures OCBC 1.5°C Loan Sabre Hospitality Enhances SynXis Booking Engine with Trip Protection Services Cathay Pacific Orders 30 Airbus A330-900 Aircraft Haytham Said Appointed GM of Four Seasons Hotel Miami Hong Kong Airport Launches World’s First Smartphone Express Bag Drop Service Marriott Signs W Hotel in Hangzhou, China IndiGo Selects Recaro’s R2 and R5 Seats for New A321neo Aircraft Scoot to Take Delivery of Jalan-Jalan and Travel Kaki E190-E2s in September and October Ali Mohammed Appointed Regional Vice President and GM of Four Seasons Resort Orlando Marriott Opens Fourth Executive Apartments Property in Bangkok, Thailand AirAsia X to Resume Kuala Lumpur – Chongqing Flights Norse Operates Non-Stop Charter Flight from Oslo to Darwin, Australia Wyndham Reports Record H1 Growth in Asia Pacific LOT Polish Airlines Takes Delivery of First Embraer E195-E2 Vietnam Airlines Takes Delivery of Fifth Boeing 787-10 Aircraft Marriott Expands Executive Apartments Brand to Penang, Malaysia AirAsia Group Expands Fleet with Four Airbus A321neo Aircraft IATA Reports Latest Airline Passenger Traffic Data China Airlines Signs SAF-Related MOU with Morrison Express Fairfield by Marriott Hotel Opens in Terengganu, Malaysia IATA Reports Latest Global Air Cargo Data Marriott Opens Fifth Autograph Collection Hotel in Japan Matthew Smith to Succeed Monique Arnoux as CEO of Destination Asia American Airlines Renews Subscription to Prism IndiGo to Increase Domestic Connectivity from Hyderabad and Ahmedabad Shanghai Pudong Airport Installs 52 Kiosks and 14 Self-Service Bag Drops from SITA Hong Kong Airport Handled 4.3 Million Passengers and 29,590 Flight Movements in June Croatia Airlines Takes Delivery of First Airbus A220 Ryanair to Implement Boeing’s Jeppesen FliteDeck Pro 5.0 EFB Asia Pacific Airlines Carried 28.9 Million International Passengers in June Singapore Changi Airport Reports Q2 2024 Traffic Cat Wu Returns to Singapore as Executive Director of Revenue for Two Hotels Langham Appoints Jack Xiao as Senior Vice President of Operations – China NATO Selects Sikorsky X2 Rotorcraft for Integrated Platform Concept Study Malaysia Airlines Expands Retailing Strategy with NDC Content on Travelport Air Tahiti Orders Four ATR 72-600 Aircraft AirAsia Airlines Implement Flight Tracking and Monitoring Solution from SITA One Air to Expand Fleet with Third Boeing 747-400 Freighter FCM Travel Expands Cytric Distribution Agreement with Amadeus Cathay Pacific Expands 1 Ticket, 1 Tree Initiative to Include Cargo Japan Airlines Confirms Order for 20 Airbus A350-900s and 11 A321neos Embraer E190 Freighter Receives ANAC Type Certification Libya’s Berniq Airways Orders Six A320neo Family Aircraft Qatar Airways Adds 20 Boeing 777-9 to Order Book Accor Signs Raffles Hotel in Tokyo, Japan Thai AirAsia to Launch Bangkok – Hyderabad and Phuket – Siem Reap Flights Courtyard by Marriott Hotel Opens in Sapporo, Japan Qatar Airways Unveils Qsuite Next Gen at Farnborough Airshow 2024 British Airways Increases Number of Funded Places in Speedbird Pilot Academy Mandarin Oriental Signs Hotel and Residences in Bali, Indonesia Minor Hotels Signs Dual-Branded Property in Yining, China Korean Air Takes Delivery of First Boeing 787-10 Dreamliner Two Senior Promotions at IHG Asia Pacific Airbus A321XLR Powered by CFM LEAP-1A Engines Receives EASA Type Certification Thai AirAsia X to Relocate All Flight Operations to Don Mueang Airport in Bangkok New Dusit Thani Bangkok Hotel to Open 27 September 2024 CWT Upgrades Airfare Optimization Service with AI and Machine Learning Small Luxury Hotels of the World Returns to India with MRS Group Partnership SATS and SF Group Sign MOU to Expand Global Footprint Thai AirAsia to Launch Don Mueang – Lampang Flights Hong Kong Welcomed 3.13 Million Visitor Arrivals in June 2024 China Airlines Launches Direct Flights Between Taipei and Seattle, USA London Heathrow Airport Expands Partnership with SITA bp Partners Audi Formula 1 Team Qantas Launches Non-Stop Flights Between Perth and Paris, France SITA Reports Record Results; Future of Air Travel Interview with Sumesh Patel, President, SITA Asia Pacific Miss International Queen 2024 – Video Interview with MD of Tiffany’s Show Pattaya High-Speed Fun in Denmark! HD Video Interview with Aarhus Sea Rangers 16 Exclusive HD Video Interviews from Routes Europe 2024 in Aarhus, Denmark 9 Exclusive HD Video Interviews from Routes Asia 2024 in Langkawi, Malaysia 9 Exclusive Video Interviews with VIPs at ASEAN Tourism Forum 2024 in Vientiane, Laos 8 NTO Press Conferences from the ASEAN Tourism Forum 2024 in Vientiane, Laos 13 Exclusive HD Video Interviews from World Travel Market 2023 in London, England 5 Exclusive HD Video Interviews from APG World Connect 2023 in Monaco, France 15 Exclusive HD Video Interviews from Routes World 2023 in Istanbul, Türkiye Electric Airport Taxis at Almaty Airport in Kazakhstan – Video Interview with Co-Founder Pictures from Miss International Queen 2023 Transgender Beauty Pageant in Pattaya, Thailand Exclusive Video Interviews with 17 Miss International Queen 2023 Contestants Living With One Eye – Six Years On by Steven Howard HD Videos and Interviews Podcasts from HD Video Interviews RSS Feed – Travel Industry News Ticker – Travel Industry News Travel Industry News Archives Travel Trade Shows High-Res Picture Galleries Travel News Asia – Latest Travel Industry News