Eve Air Mobility Secures Funding from Private Export Funding Corporation/Export–Import Bank of the United States 

Eve Air Mobil­i­ty has announced an agree­ment with the Export-Import Bank of the Unit­ed States (EXIM Bank) and the Pri­vate Export Fund­ing Cor­po­ra­tion (PEFCO) to pro­vide financ­ing for expens­es with U.S. sup­pli­ers work­ing on Eve’s eVTOL air­craft pro­gram.

The com­pa­ny will use the fund­ing to pro­cure bat­ter­ies and engi­neer­ing ser­vices from its US sup­pli­er, BAE Sys­tems, dur­ing Eve’s eVTOL air­craft devel­op­ment and test phase.

This agree­ment with the EXIM Bank is an essen­tial step in the con­tin­u­ous de-risk­ing of Eve’s pro­gram, bring­ing new fund­ing sources with the sup­port of the U.S. Export Cred­it Agency (EXIM Bank) to finance expens­es with crit­i­cal U.S. sup­pli­ers.

The financ­ing pro­vides addi­tion­al sup­port dur­ing the devel­op­ment and test­ing phas­es, ensur­ing greater par­tic­i­pa­tion by U.S. sup­pli­ers in Eve’s eVTOL pro­gram.

Eduar­do Couto, chief finan­cial offi­cer at Eve Air Mobil­i­ty, said: “We are incred­i­bly proud to part­ner with EXIM Bank to offer this inno­v­a­tive financ­ing solu­tion.

“This agree­ment under­scores EXIM Bank’s con­fi­dence in Eve’s busi­ness mod­el and the strong future of urban air mobil­i­ty. It will empow­er Eve’s U.S. sup­ply chain by pro­vid­ing crit­i­cal finan­cial flex­i­bil­i­ty, accel­er­at­ing the adop­tion of sus­tain­able air trav­el glob­al­ly.”

BAE Sys­tems will sup­ply its bat­tery sys­tems for inte­gra­tion into Eve’s eVTOL air­craft, ensur­ing Eve’s air­craft are equipped with high-per­for­mance, reli­able, and safe ener­gy stor­age solu­tions, cru­cial for effi­cient and sus­tain­able urban air mobil­i­ty oper­a­tions.

Includ­ing BAE Sys­tems’ bat­ter­ies as part of the over­all Eve eVTOL sale and export pack­age stream­lines the pro­cure­ment process for inter­na­tion­al buy­ers, offer­ing a com­pre­hen­sive, inte­grat­ed solu­tion.

Eve Air Mobil­i­ty con­tin­ues to strength­en its posi­tion as a leader in the Unit­ed States’ Urban Air Mobil­i­ty (UAM) ecosys­tem. With a grow­ing net­work of sup­pli­ers, cus­tomers, and strate­gic part­ners, Eve is not only deliv­er­ing inno­v­a­tive solu­tions but also shap­ing the future of urban air mobil­i­ty.

As one of the lead­ing OEMs in the sec­tor, Eve’s col­lab­o­ra­tive approach ensures that its tech­nol­o­gy and ser­vices are deeply embed­ded in the U.S. mar­ket, cre­at­ing a strong foun­da­tion for sus­tain­able growth and oper­a­tional readi­ness across the entire UAM val­ue chain.