Eve Holding, Inc. is an aerospace company focused on developing next generation Urban Air Mobility solutions. The company designs and produces electric vertical takeoff and landing vehicles (eVTOLs), provides maintenance and support services under the TechCare brand, and is creating an Urban Air Traffic Management system called Vector. Eve Holding, Inc. operates from locations in Melbourne, Florida and São Paulo, Brazil and benefits from a strategic partnership with Embraer S. A.
Eve Holding, Inc. expects to generate revenue from the sale of its eVTOL aircraft to operators of urban air mobility services. Revenue will also come from offering TechCare maintenance and support for its own eVTOLs and for third party eVTOLs. Additionally, the company plans to sell access to its Vector urban air traffic management platform to air navigation service providers, fleet operators and vertiport operators. Revenue may also be derived from service contracts, training and data services associated with its UAM ecosystem.
Eve Holding, Inc. organizes its business into three core segments: eVTOL Production and Design, Service and Operations Solutions (TechCare), and Urban Air Traffic Management (Vector).
- The eVTOL Production and Design segment focuses on developing a lift plus cruise electric vertical takeoff and landing vehicle with eight redundant rotors and a fixed wing, targeting four passengers and a pilot initially with future autonomous capacity for up to six passengers and a range of about 100 kilometers to address most intra city missions.
- The Service and Operations Solutions segment, branded TechCare, provides a full suite of maintenance, material services, technical support, training, ground handling and data services for Eve’s eVTOLs and for third party eVTOLs, leveraging Embraer’s global support network.
- The Urban Air Traffic Management segment develops the Vector platform to enable safe and efficient operation of eVTOLs alongside conventional aircraft and drones in dense urban airspace, with planned customers including air navigation service providers, fleet operators and vertiport operators.
Eve Holding, Inc. positions itself as a leading developer in the emerging urban air mobility market. Its lift plus cruise eVTOL design offers a balance of performance, operating cost and safety that differentiates it from tilt rotor and multi rotor competitors. The company benefits from Embraer’s extensive certification experience, giving it a proven pathway to obtain type approval from authorities such as ANAC, FAA and EASA. Eve Holding, Inc. also offers a holistic solution that spans aircraft design, maintenance support and air traffic management, creating synergies that many competitors lack. Key competitors include focused UAM developers such as Archer Aviation, Beta Technologies, Ehang, Joby Aviation, Lilium, Vertical Aerospace, Volocopter and Wisk, as well as established aerospace firms like Airbus, Bell Textron, Honda and Hyundai. In the services arena, potential rivals encompass Airbus, Bell Textron and The Boeing Company for maintenance support and various UTM providers for air traffic management.
Eve Holding, Inc. plans to sell its eVTOLs to operators of urban air mobility services, including fixed wing and helicopter operators and aircraft lessors. The company has disclosed an initial order pipeline of approximately 2,700 vehicles valued at 14 billion dollars from 28 launch customers. These launch customers include United Airlines, Republic Airways, SkyWest, Alt Air, FlyBIS, Voar Aviation, AeroSolutions, Future Flight Global, GlobalX, Avantto, Bristow Group, Halo Aviation, Helisul Aviação, Nautilus Aviation, Omni Helicopters International, Helispirit, Microflite, Air X Heli Inc., Azorra, Falko, Flapper and Hunch Mobility. In addition, Eve Holding, Inc. intends to provide TechCare maintenance and support services to operators of its own and third party eVTOLs. The Vector urban air traffic management system is aimed at air navigation service providers, fleet operators and vertiport operators.