Eve Air Mobility Names Suppliers for Wings and Pilot Controls

Eve Air Mobility Names Suppliers for Wings and Pilot Controls

Aciturri and Crouzet sign supply agreements for eVTOL components

Singapore – Feb. 20, 2024 – Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has named two new suppliers for its electric vertical takeoff and landing (eVTOL) aircraft. Aciturri will be responsible for the development and manufacturing of the wing skins and spars as well as the leading and trailing edges of the wing. Crouzet will supply the pilot controls, specifically the inceptor (control stick). Both suppliers have signed agreements that cover the aircraft’s life cycle including prototype production and aftermarket service and operational support.

“Production of our first prototype is underway and we continue to finalize supply agreements with qualified suppliers,” said Johann Bordais, CEO of Eve Air Mobility. “We have been very deliberate in establishing a strong working relationship with each of our suppliers. Aciturri and Crouzet are recognized for outstanding quality and support and we look forward to working with both companies as we progress toward entry into service in 2026 and beyond.”

Aciturri has a wealth of experience in developing aerostructures for multiple types of aircraft. Specifically, the company’s experience and expertise in engineering and sustainably manufacturing aerostructures for the Urban Air Mobility segment led to their selection to produce the wing for Eve’s eVTOL. Aciturri is a founding member of Clean Aviation – the benchmark public-private initiative in the EU for the development of new aeronautical technologies.

Crouzet will manufacture and supply the pilot controls, specifically the inceptor, for Eve’s eVTOL. The company has more than a century of manufacturing expertise and is recognized for producing high-quality mechatronic components for numerous industries including Aerospace, Transportation and Industry. The eVTOL’s inceptor will be ergonomically designed to ensure pilot comfort and provide immediate response to pilot inputs.

These new suppliers are in addition to Garmin, Liebherr Aerospace and Intergalactic that were announced in October and Nidec Aerospace LLC, a joint venture between Japan’s Nidec Corporation and Brazil’s Embraer, BAE Systems and DUC Hélices Propellers which were announced at the Paris Air Show last summer. Most recently, Eve added four additional suppliers including Thales, Honeywell, RECARO Aircraft Seating and FACC in January.

Eve’s eVTOL aircraft utilizes a lift+cruise configuration with eight dedicated propellers for vertical flight and fixed wings to fly on cruise, with no change in the position of these components during flight. The latest concept includes an electric pusher powered by dual electric motors that provide propulsion redundancy while ensuring high performance and safety. While offering numerous advantages including lower cost of operation, fewer parts, optimized structures and systems, it has been developed to offer efficient thrust with low sound.

In July, the company announced that its first eVTOL production facility will be located in the city of Taubaté, in the state of São Paulo, Brazil. The company has begun assembly of its first full-scale eVTOL prototype which will be followed by a test campaign in 2024. Eve’s eVTOL is scheduled to begin deliveries and enter into service in 2026.

Concurrently, Eve continues to develop a comprehensive portfolio of agnostic service and operations solutions, including a unique Urban Air Traffic Management (Urban ATM) software to optimize and scale Urban Air Mobility operations worldwide.


Image: https://eve.imagerelay.com/share/8b94f41260df4daca4b96785d9131cce

Follow Eve on Twitter, Instagram, Facebook, LinkedIn and YouTube: @EveAirMobility.

About Eve Air Mobility

Eve is dedicated to accelerating the Urban Air Mobility ecosystem. Benefitting from a start-up mindset, backed by Embraer S.A.’s more than 50-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, comprehensive global services and support network and a unique air traffic management solution. Since May 10, 2022, Eve is listed on the New York Stock Exchange where its shares of common stock and public warrants trade under the tickers “EVEX” and “EVEXW”. For more information, please visit www.eveairmobility.com.


Eve Air Mobility: [email protected]

Forward-Looking Statement Disclosure

Certain statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,” “project,” “could,” “should,” “would,” “continue,” “seek,” “target,” “guidance,” “outlook,” “if current trends continue,” “optimistic,” “forecast” and other similar words or expressions. All statements, other than statements of historical facts, are forward-looking statements, including, but not limited to, statements about the company’s plans, objectives, expectations, outlooks, projections, intentions, estimates, and other statements of future events or conditions, including with respect to all companies or entities named within. These forward-looking statements are based on the company’s current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. These risks and uncertainties include, but are not limited to, those set forth herein as well as in Part I, Item 1A. Risk Factors and Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations of the company’s most recent Annual Report on Form 10-K, Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations and Part II, Item 1A. Risk Factors of the company’s most recent Quarterly Report on Form 10-Q, and other risks and uncertainties listed from time to time in the company’s other filings with the Securities and Exchange Commission. Additionally, there may be other factors of which the company is not currently aware that may affect matters discussed in the forward-looking statements and may also cause actual results to differ materially from those discussed. The company does not assume any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements. other than as required by law. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statement.