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Eve’s UAM business development gets lift from new credit lines

Eve UAM

Urban air mobility (UAM) aircraft developer Eve has been a hard-charging arrival to the next-generation aviation sector, and in less than two years after its October 2020 inception has revealed numerous deals after going public with a successful Wall Street listing. Despite that, the Embraer unit now says it has secured new financing for continued development of a vehicle it has yet to present.

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United adds Eve Mobility as AAM partner in multimillion-dollar deal

FAA advanced aviation

United Airlines is making it clear it believes in the kind of next-generation advanced air mobility (AAM) craft that will provide inner-urban and even intracity transportation in coming years, but its new $15 million investment in air taxi developer Eve is also an indication it won’t be keeping its relationships with sector start-ups exclusive.

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