Eve and Kookiejar to Develop Urban Air Traffic Management System for Operations in Dubai

Eve and Kookiejar to Develop Urban Air Traffic Management System for Operations in Dubai

Eve continues to expand its global vertiport customer base.

DUBAI – Nov. 13, 2023 – Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) and Kookiejar, a Swedish-based vertiport developer, have signed a letter of intent (LOI) for Eve’s Urban ATM (Air Traffic Management) system to support vertiport operations in Dubai.  The agreement marks Eve’s first Urban ATM agreement in Dubai and Kookiejar becomes the company’s 10th Urban ATM customer and fifth vertiport customer as the company continues to grow its global customer base.

The agreement comes as Kookiejar, along with its local partner Air Chateau, is preparing to showcase Dubai’s first state of the art vertiport hub facility with eight parking pads and a FATO at Al Maktoum Airport, Dubai South. Eve’s Urban ATM (Air Traffic Management) product has been adopted as part of Kookiejar and Air Chateau’s grand vision for Dubai. The vision is a phased implementation program in which networks of vertiports will be connected via Eve’s Urban ATM system to support a safe and scaled Urban Air Mobility (UAM) operations that provides a path to commercialization in 2025-2026.

“Urban air mobility relies on infrastructure within the lower air space as well as accessible takeoff and landing spots – vertiports. Eve’s Urban ATM solution provides an integrated suite of software that will enable an efficient and predictable eVTOL ecosystem,” said Rob Weaver,  Urban ATM global business development lead at Eve Air Mobility.  “In Dubai, we are looking forward to working with KookieJar as they combine expertise in both ground and air infrastructure to design a flexible, sustainable and reliable vertiport network.”

Eve has engaged Atech, Embraer’s Air Traffic Control technology and system integrator company, to support the development of the Urban ATM software solution. Eve is leveraging Atech’s experience in developing aviation-grade products for ATM systems in Brazil.

“By leveraging decades of experience in one of the largest Urban Air Mobility operations of 1,500+ air taxi operations per day in Sao Paulo, the helicopter capital of the world, Eve’s Urban ATM system gives us the edge to integrate our Vertiports here in UAE and enable ANSPs to increase urban airspace capacity,” said Wassaf Akhtar, chief technology officer at Kookiejar. “This will provide equitable airspace access on our network of vertiports for eVTOLs.”

Kookiejar is already working with stakeholders in Dubai to carefully think about the routes that eVTOLs will take within existing VFR corridors that helicopters use today with its partners Vertiport Hub at Air Chateau and Dubai South.  The goal is to have eVTOLs operate seamlessly with existing commercial air traffic management systems and the UTM systems. This strategic agreement will bolster Dubai’s position in the Advanced Air Mobility (AAM) industry by capitalizing on the synergies between Eve and Kookiejar.

From before take-off to after landing, the urban air environment will count on integrated systems, services and technologies being developed by Eve to support eVTOL operations alongside UTM systems and many other airspace users. In the future, the advancement of infrastructure and regulation will rely on these network management services to enable autonomous flight.

The company is also continuing to collaborate with regulators, customers air navigation service providers, fleet operators, vertiport developers, airports and other UAM ecosystems stakeholders globally to advance concepts and develop technology to support initial operation and scaling of UAM operations from an ATM perspective.

Image: https://eve.imagerelay.com/fl/94dbb971df8c4d658de2cab386dc6b57

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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.

About Kookiejar

The rapid growth of cities puts a strain on ground infrastructure, and more congested traffic poses a threat to the climate. At the same time, suburbs and rural areas risks getting put on the peripheral wayside of society, further increasing the gap between people. The lower air space is a non-utilized resource with the capability to solve societal obstacles. Urban air mobility relies on infrastructure within the lower air space as well as accessible start and landing spots – vertiports. KookieJar draws upon its track record in the region of cutting-edge expertise in both ground and air infrastructure. Together with key partners we provide a unique combination to the global air mobility ecosystem.      KookieJar designs, develops and constructs vertiports and its network business model is designed to be a cost-effective structure enabling lower operational costs to the Operators and cities alike thereby moving more people and goods sustainably and efficiently.  For more information, please visit: https://kookiejar.com.

Media Contacts:

Eve Air Mobility: [email protected]

Kookiejar: [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.

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