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Eve Announces Additional US$35 Million from BNDES Line to Support eVTOL Development in 2025 Eve Air Mobility has announced a US$35 million* fund from Brazil’s National Development Bank (BNDES), further solidifying its financial position for continued eVTOL development. This second-phase funding follows a US$92.5 million line of credit secured in 2022 for R&D and a recent US$50 million investment from Citibank, both dedicated to supporting Eve's eVTOL development program. #aerospaceinnovations https://lnkd.in/eBtNH-yD

Eve Air Mobility announced today a US$35mn fund from Brazil’s National Development Bank (BNDES), further solidifying its financial position for continued eVTOL development

Eve has secured an additional US$35 million from the BNDES line to support the development of its eVTOL aircraft, slated for 2025 Eve Air Mobility (Eve) (NYSE: EVEX; EVEXW) announced today a US$35 million* fund from Brazil’s National Development Bank (BNDES), further solidifying its financial position for continued eVTOL development. This second-phase funding follows a US$92.5 million line of credit secured in 2022 for R&D and a recent US$50 million investment from Citibank, both dedicated to supporting Eve’s eVTOL development program. Eve Air Mobility | BNDES https://lnkd.in/ggPCr4E8 #AdvancedAirMobility #Aerospace #AloizioMercadante #BNDES #EduardoCouto #EveAirMobility #eVTOLaircraft #JohannBordais #NationalCivilAviationAgencyofBrazil

#AAM #Evtol_Business A $35 million fund is set to enable Eve Air Mobility to continue the development of its eVTOL aircraft. The funding, courtesy of Brazil’s National Development Bank (BNDES), is said to further solidify its financial position in the development. This second-phase funding follows a $92.5 million line of credit secured in 2022 for R&D and a recent $50 million investment from Citibank, both dedicated to supporting Eve’s eVTOL development program.

Eve Announces “Additional USD35 Million Funding from BNDES” for eVTOL Development. Eve Air Mobility announced this week an additional USD35 million funding from Brazil’s National Development Bank (BNDES), further solidifying the eVTOL company’s financial position for continued aircraft development, reports a press release. BNDES has been a key partner of the company’s vision for Advanced Air Mobility (AAM). This second-phase of financing follows a USD92.5 million line of credit secured in 2022 for Research and Development from the Bank, as well as a recent USD50 million investment from Citibank, both dedicated to supporting Eve’s eVTOL development program. https://lnkd.in/eTmHSBE7 #EveAirMobility #eVTOL #AdvancedAirMobility #AviationInnovation #UrbanAirMobility #BNDESFunding #AAM #SustainableAviation

Eve Air Mobility announced a US$35 million* fund from Brazil’s National Development Bank, further solidifying its financial position for continued eVTOL development. This second-phase funding follows a US$92.5 million line of credit secured in 2022 for R&D and a recent US$50 million investment from Citibank, both dedicated to supporting Eve's eVTOL development program. This second-phase investment from BNDES, sourced from the Climate Fund, will be allocated to manufacturing Eve’s conforming prototypes and, subsequently, the commercial vehicle. Eve Air Mobility Johann C. Bordais https://lnkd.in/eWhfi4HY #aviation #AviationNews #50skyshades #DailyNew #additional #35Million #BNDES #support #eVTOL #development #year2025 #investment #SecondPhase #manufacturing #conforming #prototypes #subsequently #commercial #vehicle

Eve Air Mobility announced a US$35 million fund from Brazil’s National Development Bank, further solidifying its financial position for continued eVTOL development. This second-phase funding follows a US$92.5 million line of credit secured in 2022 for R&D and a recent US$50 million investment from Citibank, both dedicated to supporting Eve's eVTOL development program. This second-phase investment from BNDES, sourced from the Climate Fund, will be allocated to manufacturing Eve’s conforming prototypes and, subsequently, the commercial vehicle. Eve Air Mobility Johann C. Bordais https://lnkd.in/eqcRfRvE #aviation #AviationNews #50skyshades #DailyNew #additional #35Million #BNDES #support #eVTOL #development #year2025 #investment #SecondPhase #manufacturing #conforming #prototypes #subsequently #commercial #vehicle

Eve Air Mobility has secured funding to advance development of its eVTOL aircraft > > https://hubs.la/Q02-66ps0 This second-phase investment from BNDES, sourced from the Climate Fund, will be allocated to manufacturing Eve’s conforming prototypes and, subsequently, the commercial vehicle. Johann Bordais, CEO of Eve, said; “The continued support from BNDES is highly significant as we advance our eVTOL program and transition from prototype development to certification and production readiness. This funding strengthens our financial position even more and provides the resources necessary to achieve our key milestones, including certification and the commercialization of our eVTOL.” Eve Air Mobility Read more on the AAMI website 🔗

Eve Air Mobility announces additional US$35M in funding from Brazil’s National Development Bank to support #eVTOL development in 2025. Read more here: https://lnkd.in/gjMdquXB

Eve Air Mobility secures additional $35m from BNDES Eve Air Mobility announced it has secured an additional $35m from the Brazil’s National Development Bank (BNDES) to support its eVTOL development. The company secured initial funding of $92.5m from the BNDES in 2022 and this transaction is second phase of that agreement. Sourced from the Climate Fund, the funding will be allocated to manufacturing Eve’s conforming prototypes and, subsequently, the commercial vehicle. “The continued support from BNDES is highly significant as we advance our eVTOL program and transition from prototype development to certification and production readiness. This funding strengthens our financial position even more and provides the resources necessary to achieve our key milestones, including certification and the commercialization of our eVTOL,” said Johann C. Bordais, CEO, Eve. Read full below. https://lnkd.in/erv7BBrC