Eve Holding, Inc. has signed a non-binding Letter of Intent (LOI) with Embraer and BAE Systems at the Farnborough International Airshow to explore the potential order of up to 150 electric Vertical Take-Off and Landing (eVTOL) vehicles with the aim of examining the aircraft application for the defense and security market.
In a separate announcement, BAE Systems and Embraer signed a Memorandum of Understanding (MoU) at Farnborough to potentially form a joint venture to collaboratively develop an innovative defense eVTOL variant using Eve’s platform.
“Teams from BAE Systems and Embraer will continue working together to explore how the aircraft, designed for the urban mobility market, can provide cost-effective, sustainable, and adaptable capability as a defense variant,” said Jackson Schneider, President and CEO of Embraer Defense & Security.
“Our customers’ operating environment is increasingly complex and eVTOL is just one example of how we’re looking at emerging technologies, including those from the commercial market. We are exploring how we can adapt these solutions to bring vital operational capability to our customers quickly and at a lower cost – whilst also supporting environmental and sustainability goals,” commented Ian Muldowney, Chief Operating Officer of BAE Systems Air.
In December 2021, Embraer and BAE Systems disclosed plans to collaborate on developing Eve’s eVTOL as a potential defense variant. This agreement reinforces the trust of aerospace organizations in Eve’s vehicle and its adaptability for purposes other than urban air mobility.
“We are thrilled that Embraer and BAE Systems have chosen Eve as their platform for this collaboration,” said Andre Stein, Co-CEO of Eve. “Our eVTOL can be adapted to meet various essential applications in this market, such as humanitarian response and disaster relief. This collaboration also indicates that the defense market can be more sustainable and at the same time allows Eve to remain focused on exploring the Urban Air Mobility market.”