Eve Air Mobility (Eve) has been awarded a grant of up to US$15.8 million by FINEP, Brazil's Funding Authority for Studies and Projects, as part of a public call to support sustainable aviation technologies. The total investment in the project will reach up to US$33.8 million, incorporating Eve's required contribution. This marks the company's first non-repayable funding, reinforcing its leadership in sustainable urban air mobility innovation.
The grant, part of FINEP's “Technologies for More Sustainable Aviation” initiative, targets areas such as autonomous flight systems, hybrid-electric and hydrogen propulsion, sustainable aviation fuel (SAF) testing and advanced air traffic management. Eve's proposal aligns with these priorities, focusing on elements crucial to its innovation strategy.
“This partnership with FINEP marks a pivotal milestone for Eve and the broader Brazilian aerospace ecosystem”, said Johann Bordais, CEO of Eve Air Mobility. “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”.
A key component of the project is the advancement of Eve's digital ecosystem, particularly the development of its TechCare platform. Eve TechCare offers a comprehensive suite of aftermarket services to support eVTOL operations, including maintenance, training, battery and parts solutions, and flight operations support.
Additionally, Eve is progressing with extensive testing of its eVTOL prototype to assess performance, safety, and operational capabilities.
