Eve Air Mobility Secures $15.8 Million Grant From Brazil’s FINEP To Advance Urban Air Mobility Technologies

Embraer spin-off, Eve Air Mobil­i­ty, has announced its selec­tion for a grant of up to $15.8 mil­lion from FINEP, Brazil’s Fund­ing Author­i­ty for Stud­ies and Projects.

The non-repayable fund­ing will sup­port the devel­op­ment of advanced tech­nolo­gies for elec­tric ver­ti­cal take-off and land­ing (eVTOL) air­craft and relat­ed dig­i­tal ser­vices.

The grant is part of a wider invest­ment effort total­ing $33.8 mil­lion, which includes Eve’s required finan­cial con­tri­bu­tion to the project.

The project was cho­sen under FINEP’s pub­lic call for “Tech­nolo­gies for More Sus­tain­able Avi­a­tion,” which focus­es on areas such as hybrid-elec­tric and hydro­gen propul­sion, sus­tain­able fuel test­ing, advanced ener­gy stor­age, noise reduc­tion, and autonomous flight sys­tems.

Johann Bor­dais, CEO of Eve Air Mobil­i­ty, said the sup­port sig­nals a piv­otal moment for both the com­pa­ny and the wider Brazil­ian aero­space sec­tor.

“Our mis­sion is to reimag­ine people’s rela­tion­ship with time, space, and the city by cre­at­ing safe, sus­tain­able, and effi­cient air mobil­i­ty expe­ri­ences,” he said.

“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.”

Digital Platforms Take Center Stage in Eve’s Development Strategy

A core com­po­nent of the project is the con­tin­ued devel­op­ment of Eve’s dig­i­tal ecosys­tem, includ­ing its inte­grat­ed after­mar­ket ser­vices plat­form, Eve Tech­Care.

This plat­form is designed to stream­line eVTOL oper­a­tions by pro­vid­ing com­pre­hen­sive cus­tomer sup­port, tech­ni­cal solu­tions, MRO ser­vices, bat­tery and parts sup­port, and flight oper­a­tions tools.

It also includes train­ing ser­vices to ensure high stan­dards of safe­ty and oper­a­tional readi­ness from the out­set of com­mer­cial deploy­ment.

Luiz Mauad, Vice Pres­i­dent of Cus­tomer Ser­vices at Eve, empha­sized the impor­tance of devel­op­ing dig­i­tal ser­vices along­side the air­craft itself.

“Sup­port­ing the future oper­a­tion of eVTOLs requires a robust dig­i­tal back­bone — this is the foun­da­tion for scal­able AAM oper­a­tions,” he said.

“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.”

FINEP’s back­ing high­lights Brazil’s com­mit­ment to fos­ter­ing inno­va­tion in advanced air mobil­i­ty (AAM). Elias Ramos de Souza, Pres­i­dent of FINEP, under­scored the poten­tial of eVTOLs to rede­fine mobil­i­ty.

“This project rep­re­sents our belief that eVTOLs are a future dis­rup­tive trend in the UAM sce­nario,” he said. “We are very glad to part­ner with Eve in this endeav­or, in a fund­ing that enhances our posi­tion of more than BRL 1 bil­lion in sup­port to Embraer and its investees.”

Eve is cur­rent­ly pro­gress­ing through the test­ing phase of its eVTOL devel­op­ment. The ongo­ing eval­u­a­tions involve a series of pro­to­type tests to assess the aircraft’s per­for­mance, flight capa­bil­i­ties, and safe­ty sys­tems, posi­tion­ing the com­pa­ny to move clos­er to even­tu­al cer­ti­fi­ca­tion and com­mer­cial entry into ser­vice.