Brazilian aircraft manufacturer Embraer and private aviation entrepreneur Kenn Ricci have announced that they will produce an Electric Vertical Takeoff and Landing vehicle (eVTOL), with deliveries starting in 2026.
The eVTOL will be produced by Eve Urban Air Mobility Solutions Eve says that it already has orders for 1735 such vehicles from seventeen operators worth up to 5bmore than double the company’s 24b value Embraer will own about 80 of the company while being joined by other well-known investors including Republic Airways Rolls Royce and SkyWest
In a related story BAE Systems and Embraer have also announced plans to embark on a joint study to explore the development of the vehicle for the defence and security market Engineers from BAE Systems Air sector in Lancashire UK will work together with the Embraer Defence Security team based in So Jos dos Campos Brazil to explore how a defence variant could be used for personnel transportation surveillance reconnaissance disaster relief and humanitarian response.