Eve Air Mobility announced that it has been selected in a public call by FINEP, Brazil’s Funding Authority for Studies and Projects, to receive a grant of up to USD 15.8 million.
In a press statement, Eve states that the total project investment amount is up to USD 33.8 million, combining the FINEP grant with Eve’s required company contribution. This is the first grant awarded to Eve.
“This partnership with FINEP marks a pivotal milestone for Eve and the broader Brazilian aerospace ecosystem. Our mission is to reimagine people’s relationship with time, space and the city by creating safe, sustainable and efficient air mobility experiences. Leveraging from Embraer’s 55-year legacy and our innovative mindset, this grant will enable us to accelerate the development of advanced digital solutions and technologies that will shape the future of urban air mobility in Brazil and beyond,” says Johann Bordais, CEO, Eve Air Mobility.
The statement adds that the grant, awarded under FINEP’s public selection for Technologies for More Sustainable Aviation, is aligned with the strategic focus areas including autonomous flight systems, advanced energy storage, hybrid-electric and hydrogen propulsion, sustainable aviation fuel (SAF) testing, noise reduction, efficient aircraft configurations, new materials and advanced air traffic management systems for advanced air mobility (AAM).
“Supporting the future operation of eVTOLs requires a robust digital backbone, this is the foundation for scalable AAM operations. By developing our digital platforms and service solutions in parallel with our aircraft, we empower our customers with an integrated, one-stop-shop experience that ensures operational efficiency, safety, and high availability from day one,” says Luiz Mauad, Vice President, Customer Services, Eve.
According to the statement, a central pillar of this project is the advancement of Eve’s digital ecosystem, including the continued development of Eve TechCare, its fully integrated aftermarket services platform. The aftermarket portfolio consists of technical support and solutions, MRO services, parts and battery solutions, as well as training services and flight operations solutions. Eve TechCare’s service and support solutions will cover all the operational aspects necessary to ensure the daily eVTOL operation.
“This project represents our belief that eVTOLs are a future disruptive trend in the UAM scenario. We are very glad to partner with Eve in this endeavour, in a funding that enhances our position of more than BRL 1 billion in support to Embraer and its investees,” says Elias Ramos de Souza, President, FINEP.