Eve Air Mobility Reaches Key Certification Milestone for eVTOL Aircraft with ANAC Approval of Airworthiness Criteria

Eve Air Mobility Reaches Key Certification Milestone for eVTOL Aircraft with ANAC Approval of Airworthiness Criteria

(IN SHORT) Eve Air Mobility has reached a major milestone in the certification of its eVTOL aircraft with Brazil’s National Civil Aviation Agency (ANAC) publishing the final airworthiness criteria. Following public consultation, this step advances Eve’s Type Certification process, with further work planned in collaboration with ANAC and the FAA. This progress supports Eve’s vision of developing safe, sustainable urban air mobility solutions.

(PRESS RELEASE) São José dos Campos, SP, 2024-Nov-7 — /Travel PR News/ — Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has achieved a key milestone in the certification of its eVTOL aircraft as Brazil’s National Civil Aviation Agency (ANAC) publishes the final airworthiness criteria for the vehicle. This development, following a period of public consultation, marks a significant step in Eve’s certification process.

With the airworthiness criteria now established, Eve will move forward to define the compliance measures required for its eVTOL with ANAC. This step brings Eve closer to its goal of obtaining a Type Certificate for its aircraft, initially formalized with ANAC in February 2022. The certification follows standards for “special class category” aircraft, in accordance with Brazilian Civil Aviation Regulations.

Eve’s Chief Technology Officer, Luiz Valentini, highlighted the progress: “The publication of the airworthiness criteria is a crucial advancement in our certification journey. The feedback from the consultation phase has been instrumental in refining the criteria, and we look forward to continuing our collaboration with ANAC for the Type Certification and with the FAA for simultaneous validation.”

Eve is committed to advancing urban air mobility through its eVTOL project, collaborating closely with aviation authorities and leading organizations to develop a safe, sustainable transportation solution. This milestone underlines Eve’s dedication to creating a reliable and efficient eVTOL, incorporating advanced technologies to support the future of air mobility.

For more details on the final criteria, visit ANAC’s website here.

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, a comprehensive global services and support network and a unique air traffic management solution. Since May 10, 2022, Eve has been 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.

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

Forward-Looking Statements 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 Eve’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 Eve’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 Eve’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 Eve’s most recent Quarterly Report on Form 10-Q, and other risks and uncertainties listed from time to time in Eve’s other filings with the Securities and Exchange Commission. Additionally, there may be other factors of which Eve 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. Eve 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.

Media Contacts:

Eve Air Mobility: media@eveairmobility.com

Investor Information:

https://ir.eveairmobility.com

investors@eveairmobility.com

Source: Embraer

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