Melbourne, Florida, Dec. 11, 2024 (GLOBE NEWSWIRE) -- MELBOURNE, Fla. – Dec. 11, 2024 - Eve Air Mobility (NYSE:EVEX, EVEXW)), a global leader in manufacturing and providing services for electric vertical take-off and landing (eVTOL) aircraft, and Signature Aviation, the world's largest network of private aviation terminals, have signed a Memorandum of Understanding (MoU) to research ecosystem requirements as well as the ground services necessary for safe, efficient and scalable Advanced Air Mobility (AAM) ground operations. "Following the rollout of our first full-scale eVTOL prototype, we continue to build on that momentum and are looking forward to teaming with Signature Aviation to su

MELBOURNE, Fla., Nov. 4, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its Third Quarter 2024 Earnings Results. Financial highlights Eve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes aircraft development, Customer Services and Vector, an Urban Air Traffic Management (Urban ATM) system. Eve is pre-revenue; we do not expect meaningful revenues, if any, during the development phase of our aircraft, and we expect financial results to be mostly related to costs associated with the program's development during this period. Eve reported a ne

MELBOURNE, FL, Aug. 6, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its Second Quarter 2024 Earnings Results. Financial highlights Eve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes aircraft development, Service & Operations Solutions and Vector, an Urban Air Traffic Management (Urban ATM) system. Eve is pre-revenue; we do not expect meaningful revenues, if any, during the development phase of our aircraft, and we expect financial results to be mostly related to costs associated with the program's development during this period. Eve r

New capital financing includes equity injection participation from large strategic industrial companies and diversified investorsNet proceeds, along with existing cash and long-term credit lines, position company for future successMELBOURNE, Fla., July 1, 2024 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW), a global electric vertical take-off and landing (eVTOL) aircraft manufacturer and services provider, has announced $94M in new equity financing from multiple investors. The funding, which includes the issuance of new shares of common stock and warrants, includes participation from a diverse group of global industrial companies that include Embraer, Nidec and additional finan

MELBOURNE, FL, May 7, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its First Quarter 2024 Earnings Results. Financial highlights Eve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes the aircraft development, Service & Operations Solutions and an Urban Air Traffic Management (Urban ATM) system. Eve is pre-revenue; we do not expect meaningful revenues, if any, during the development phase of our aircraft, and we expect financial results to be mostly related to costs associated with the program's development during this period. Eve reporte

Dassault Systèmes' SIMULIA fluid dynamics simulation applications optimize eVTOL propeller aerodynamics and aeroacoustics Engineering team has been accurately performing virtual tests of real-world operating conditions Dassault Systèmes (PARIS:FR, DSY.PA))) and Embraer (NYSE:ERJ, B3: EMBR3))) announced today that Dassault Systèmes' simulation technology has been utilized to simulate, analyze and test virtually Eve Air Mobility's (NYSE:EVEX) electric vertical take-off and landing (eVTOL) aircraft. Dassault Systèmes' SIMULIA PowerFLOW application has provided robust and industry-proven fluid dynamics simulation to predict real-world operating conditions, allowing Embraer and Eve's e

MELBOURNE, Fla., March 8, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its fourth quarter and fiscal year 2023 earnings results. Year in review Eve Air Mobility accomplished several milestones on our journey to shape the global Urban Air Mobility (UAM) ecosystem in 2023.  With suppliers of flight-critical components selected for our eVTOL, we defined its final architecture. The DNA of our aircraft remains unchanged with a Lift + Cruise configuration – eight dedicated propellers for vertical take-off and landing, with no change in its position during flight and fixed wings to fly in cruise mode. Our eVTOL also includes a dual electric-motor pusher for horizontal propuls

MIAMI, Dec. 12, 2023 (GLOBE NEWSWIRE) -- UrbanX Air – a wholly-owned subsidiary of Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (GlobalX), which operates the Miami-based airline GlobalX – and Eve Air Mobility (Eve) (NYSE:EVEX) have announced plans to bring Urban Air Mobility (UAM) to Miami by launching electric commuter flights throughout the South Florida area beginning in 2026 (subject to receiving all FAA and DOT approvals). This announcement marks a pivotal initial phase in making electric air commuting a reality for South Florida residents with both UrbanX and Eve collaborating closely with local and state officials along with infrastructure, energy and t

Japan's Nidec Corporation (TYO:6594, OTC:NJDCY) and Brazil's Embraer ((B3: EMBR3, NYSE:ERJ) welcome the unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC. The transaction combines the complementary synergies and distinct areas of expertise of two world-class engineering conglomerates to develop Electric Propulsion Systems (EPS) for the aerospace sector. Vincent Braley, chief of staff for Nidec's Motion and Drives business in the United States, has been appointed the CEO of Nidec Aerospace with immediate effect. Braley brings broad experience in business development and management to his new role to lead the j

MELBOURNE, Fla., Aug. 8, 2023 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its second quarter 2023 earnings results. Financial highlights Eve is a pre-operational company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes the aircraft development, air traffic management systems as well as a Services & Support solutions. Eve is not yet producing revenue; we do not expect meaningful revenues during the development phase of our aircraft, and financial results should be mostly related to costs associated with the program development. Eve reported a net loss of $31.4 million in 2Q23 ve

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MELBOURNE, Fla., Nov. 4, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its Third Quarter 2024 Earnings Results. Financial highlights Eve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes aircraft development, Customer Services and Vector, an Urban Air Traffic Management (Urban ATM) system. Eve is pre-revenue; we do not expect meaningful revenues, if any, during the development phase of our aircraft, and we expect financial results to be mostly related to costs associated with the program's development during this period. Eve reported a ne

MELBOURNE, FL, Aug. 6, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its Second Quarter 2024 Earnings Results. Financial highlights Eve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes aircraft development, Service & Operations Solutions and Vector, an Urban Air Traffic Management (Urban ATM) system. Eve is pre-revenue; we do not expect meaningful revenues, if any, during the development phase of our aircraft, and we expect financial results to be mostly related to costs associated with the program's development during this period. Eve r

MELBOURNE, FL, May 7, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its First Quarter 2024 Earnings Results. Financial highlights Eve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes the aircraft development, Service & Operations Solutions and an Urban Air Traffic Management (Urban ATM) system. Eve is pre-revenue; we do not expect meaningful revenues, if any, during the development phase of our aircraft, and we expect financial results to be mostly related to costs associated with the program's development during this period. Eve reporte

MELBOURNE, Fla., March 8, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its fourth quarter and fiscal year 2023 earnings results. Year in review Eve Air Mobility accomplished several milestones on our journey to shape the global Urban Air Mobility (UAM) ecosystem in 2023.  With suppliers of flight-critical components selected for our eVTOL, we defined its final architecture. The DNA of our aircraft remains unchanged with a Lift + Cruise configuration – eight dedicated propellers for vertical take-off and landing, with no change in its position during flight and fixed wings to fly in cruise mode. Our eVTOL also includes a dual electric-motor pusher for horizontal propuls

MELBOURNE, Fla., Aug. 8, 2023 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its second quarter 2023 earnings results. Financial highlights Eve is a pre-operational company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes the aircraft development, air traffic management systems as well as a Services & Support solutions. Eve is not yet producing revenue; we do not expect meaningful revenues during the development phase of our aircraft, and financial results should be mostly related to costs associated with the program development. Eve reported a net loss of $31.4 million in 2Q23 ve

MELBOURNE, Fla., May 9, 2023 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its first quarter 2023 earnings results. Financial highlightsEve is a pre-operational company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes the aircraft development, air traffic management systems and services and support. Eve is not yet producing revenues; we do not expect meaningful revenues during the development phase of our aircraft, and financial results should be mostly related to costs associated with the program development. Eve reported a net loss of $25.8 million in 1Q23 versus $10.0 million

MELBOURNE, Fla., March 16, 2023 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its fourth quarter and fiscal year 2022 earnings results. 2022 in review The year of 2022 was particularly eventful for Eve as we accomplished several milestones on our journey to shape the global Urban Air Mobility (UAM) ecosystem, listed the company in the public market, and brought several new partners to our project.  Eve is the first company to graduate from EmbraerX – after having unveiled our first eVTOL (electric Vertical Take Off and Landing) solution in May 2018.  As a separate company, Eve now has the resources, agility and autonomy to continue pursuing innovations to be a protagonist in

MELBOURNE, Fla., Dec. 23, 2022 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its third quarter 2022 earnings results. Financial highlights Eve reported a net loss of $36.7 million in 3Q22 versus $3.8 million in 3Q21 driven by higher Research & Development (R&D) expenses and Selling, General & Administrative (SG&A) costs as well as non-cash charges related to warrant expenses of $17.4 million. Our R&D efforts are primarily driven by a Master Service Agreement (MSA) with Embraer – which intensified in the last year as the design of Eve's eVTOL advances, having reached $14.3 million in 3Q2022, vs. $2.8 million during the same period of 2021. Including employees contracted throug

MELBOURNE, Fla., Dec. 20, 2022 /PRNewswire/ -- Eve Holding, Inc. (EVEX; EVEXW)  (the "Company") will release its third quarter 2022 earnings results before the market opens on Friday, December 23, 2022 and management will discuss the results on a conference call at 9:00 AM ET that morning. The webcast will be publicly available in the Upcoming Events section of the company website (www.eveairmobility.com). To listen by phone, please dial 1-877-704-4453 or 1-201-389-0920. A replay of the call will be available on the company website, and through Friday, January 6, 2022, by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 13734533. About Eve Holding, Inc. Eve is dedicated to acc

MELBOURNE, Aug. 4, 2022 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE:EVEX) reports its second quarter 2022 earnings results. Eve ready for a new chapter Eve is a leading developer of next-generation Urban Air Mobility (UAM) solutions. Our goal is to create a comprehensive, practical and capital-efficient UAM solution that includes: Design and production of electric Vertical Takeoff and Landing aircraft (eVTOLs);Portfolio of agnostic maintenance and support services for both Eve and third-party aircraft;Fleet operations services in collaboration with partners;New Urban Air Traffic Management system designed to allow eVTOLs to operate safely and efficiently in densely-populated urban areas

H.C. Wainwright initiated coverage of Eve Holding with a rating of Buy and set a new price target of $6.00

Cantor Fitzgerald upgraded Eve Holding from Neutral to Overweight and set a new price target of $5.00 from $7.00 previously

Canaccord Genuity initiated coverage of Eve Holding with a rating of Buy and set a new price target of $10.00

TD Cowen initiated coverage of Eve Holding with a rating of Market Perform

JP Morgan initiated coverage of Eve Holding with a rating of Overweight and set a new price target of $8.00

Cantor Fitzgerald initiated coverage of Eve Holding with a rating of Neutral and set a new price target of $7.00

Raymond James initiated coverage of Eve Holding with a rating of Mkt Perform

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