Showing posts with label Eve Holdings. Show all posts
Showing posts with label Eve Holdings. Show all posts

Tuesday, 19 July 2022

Eve announces a Letter of Intent (LOI) for up to 150 eVTOLs from partnership between Embraer and BAE Systems


Eve Holdings, announced today at the Farnborough Airshow a non-binding Letter of Intent ("LOI") with Embraer and BAE Systems to explore the potential order of up to 150 electric vertical take-off and landing (eVTOL) vehicles with the aim of examining the aircraft application for the defence and security market.  In a separate announcement, BAE Systems and Embraer signed a Memorandum of Understanding ("MoU") at Farnborough International Airshow to potentially form a joint venture to collaboratively develop an innovative defence eVTOL variant using Eve's platform.

"Teams from BAE Systems and Embraer will continue working together to explore how the aircraft, designed for the urban mobility market, can provide cost-effective, sustainable, and adaptable capability as a defense variant," said Jackson Schneider, President and CEO of Embraer Defense & Security.

"Our customers' operating environment is increasingly complex and eVTOL is just one example of how we're looking at emerging technologies, including those from the commercial market. We are exploring how we can adapt these solutions to bring vital operational capability to our customers quickly and at a lower cost - whilst also supporting environmental and sustainability goals," commented Ian Muldowney, Chief Operating Officer of BAE Systems Air.

In December 2021, Embraer and BAE Systems disclosed plans to collaborate on developing Eve's eVTOL as a potential defence variant. This agreement reinforces the trust of the leading aerospace organisations in Eve's vehicle and its adaptability for purposes other than urban air mobility.