EVEX

Eve Holding, Inc. Reports First Quarter 2024 Results

Retrieved on: 
Tuesday, May 7, 2024
Embraer, Eve Air Mobility, Ecosystem, MSA, Taubaté, Service, Takeoff, Webcast, Administration, Public expenditure, Engineering, Research and development, Upcoming, EVEX, UAM, Urban Air Mobility, Aircraft

MELBOURNE, FL, May 7, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its First Quarter 2024 Earnings Results.

Key Points: 
  • MELBOURNE, FL, May 7, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its First Quarter 2024 Earnings Results.
  • Eve reported a net loss of $25.3 million in 1Q24 versus $25.8 million in 1Q23.
  • R&D expenses associated with Eve's aircraft development were the main contributors to the higher cash consumption during the quarter.
  • A replay of the call will be available until May 21, 2024, by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 10187786.

Embraer Selects Dassault Systèmes’ Simulation Technology to Support Quieter eVTOL Aircraft Development for Eve Air Mobility

Retrieved on: 
Thursday, March 14, 2024
Aerospace, Technology, Manufacturing, Professional Services, Air, Transport, Other Technology, Software, Engineering, Hardware, Finance, Noise, 3D, Interiors, Eve, Dassault Group, Product lifecycle, EVEX, UAM, ERJ, SIMULIA, Safety, Euronext Paris, PLM

Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) and Embraer (NYSE: ERJ; B3: EMBR3) announced today that Dassault Systèmes’ simulation technology has been utilized to simulate, analyze and test virtually Eve Air Mobility’s (NYSE: EVEX) electric vertical take-off and landing (eVTOL) aircraft.

Key Points: 
  • Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) and Embraer (NYSE: ERJ; B3: EMBR3) announced today that Dassault Systèmes’ simulation technology has been utilized to simulate, analyze and test virtually Eve Air Mobility’s (NYSE: EVEX) electric vertical take-off and landing (eVTOL) aircraft.
  • Dassault Systèmes’ SIMULIA PowerFLOW application has provided robust and industry-proven fluid dynamics simulation to predict real-world operating conditions, allowing Embraer and Eve’s engineers to evaluate how the aircraft flies and test its sound emission.
  • “One of the main advantages of eVTOL aircraft is that they are electrically powered and a more sustainable option than combustion-powered aircraft.
  • SIMULIA fluid dynamics applications will enable Embraer and Eve to experience and optimize the most critical parts of their eVTOL aircraft in a virtual environment,” said David Ziegler, Vice President, Aerospace & Defense Industry, Dassault Systèmes.

Eve Holding, Inc. Reports Fourth Quarter and FY2023 Results

Retrieved on: 
Friday, March 8, 2024
Engineering, Letter, Aircraft, Architecture, Urban Air Mobility, MSA, Eve Air Mobility, Eve, EVEX, Research and development, Service, EASA, Aviation, PDP, BNDES, UAM, Civil aviation authority, JDP, Wind, Public key certificate, Accounting, Safety, ANAC, Takeoff, Embraer, Certification, Webcast, Ecosystem, Indian stock exchange, Eastern Time Zone, Pocs, National development bank, Software, U.S, Upcoming, DNA, TC

MELBOURNE, Fla., March 8, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its fourth quarter and fiscal year 2023 earnings results.

Key Points: 
  • MELBOURNE, Fla., March 8, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its fourth quarter and fiscal year 2023 earnings results.
  • Eve Air Mobility accomplished several milestones on our journey to shape the global Urban Air Mobility (UAM) ecosystem in 2023.
  • Our R&D costs are primarily driven by the MSA with Embraer that performs several developmental activities for Eve.
  • R&D associated with Eve's aircraft development and SG&A expenses were the main contributors to the higher cash consumption during the quarter.

UrbanX Air and Eve Air Mobility Collaborate to Bring First Electric Air Commuter Flights to Miami

Retrieved on: 
Tuesday, December 12, 2023
NEO, Travel, Airport, UAM, JET, Atmosphere of Earth, DOT, Hospital, Urban Air Mobility, Letter, EVEX, Transport, Public sector, Eve Air Mobility, Airline

The flights will help commuters navigate short distances, avoiding traffic congestion and improving travel times, while providing a safer, faster and more sustainable mode of transportation.

Key Points: 
  • The flights will help commuters navigate short distances, avoiding traffic congestion and improving travel times, while providing a safer, faster and more sustainable mode of transportation.
  • In 2022, GlobalX signed a letter of intent to purchase 200 eVTOLs from Eve, a leader in global eVTOL development.
  • UrbanX and Eve are collaborating to identify origin and destination locations to establish key routes throughout the region.
  • “We are looking forward to collaborating with the team at UrbanX to bring eVTOL operations to Miami-Dade County,” said Johann Bordais, CEO of Eve Air Mobility.

Nidec and Embraer Receive Approval for Joint Venture to Develop Electric Propulsion System for Aerospace Sector

Retrieved on: 
Friday, October 6, 2023
Engineering, Technology, Aerospace, Other Technology, Manufacturing, Other Manufacturing, Eve Air Mobility, Tokyo Stock Exchange, Senior, OTC, NYSE, ERJ, Innovation, EPS, Paris Air Show, Disclosure, UAM, Motion, Embraer, Urban Air Mobility, Advanced Electric Propulsion System, Digital, EVEX, Growth, Strategic management, Aviation, Braley, Management, Cryptocurrency, Nidec

Japan’s Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) welcome the unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC.

Key Points: 
  • Japan’s Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) welcome the unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC.
  • The transaction combines the complementary synergies and distinct areas of expertise of two world-class engineering conglomerates to develop Electric Propulsion Systems (EPS) for the aerospace sector.
  • Braley brings broad experience in business development and management to his new role to lead the joint venture’s future growth.
  • Nidec owns a 51% share of the joint venture, and Embraer the remaining 49%.

Eve Air Mobility Announces Johann Bordais as Chief Executive Officer

Retrieved on: 
Monday, July 31, 2023
Acceleration, SPAC, Partnership, Travel, Defense, Service, Aviation, EVEX, Urban Air Mobility, Commercial aviation, Growth, Transport, UAM, NYSE, Support, Corporate development, Fireworks, Eve, Embraer

MELBOURNE, Fla., July 31, 2023 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX, EVEXW), leader in the development of next-generation Urban Air Mobility ("UAM"), announced today that its Board of Directors has appointed Johann Bordais, current President and CEO of Embraer Services & Support, as Chief Executive Officer to be effective on September 1, 2023.

Key Points: 
  • MELBOURNE, Fla., July 31, 2023 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX, EVEXW), leader in the development of next-generation Urban Air Mobility ("UAM"), announced today that its Board of Directors has appointed Johann Bordais, current President and CEO of Embraer Services & Support, as Chief Executive Officer to be effective on September 1, 2023.
  • "Urban Air Mobility has the potential to revolutionize how people commute and travel with a direct impact on millions of lives.
  • "I believe Eve is uniquely positioned to become a leading player in a potential $760 billion Urban Air Mobility market.
  • Andre Stein will assume the role of Chief Strategy Officer at Eve, based in the United States.

Nidec and Embraer announce joint venture agreement to develop Electric Propulsion System for emerging aerospace industry

Retrieved on: 
Monday, June 19, 2023
Engineering, Aerospace, Manufacturing, Partnership, Advanced Electric Propulsion System, International Civil Aviation Organization, Senior, Vertical, EVEX, Urban Air Mobility, History, Carbon, NMC, JV, CAA, ERJ, Eve Air Mobility, Motion, ICAO, OTC, Growth, Paris Air Show, UAM, NYSE, TSE, Embraer, Aircraft, Airline, Renewable energy, Transport, Nidec

Japan’s Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) today announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder “JV”), to develop Electric Propulsion Systems for the aerospace sector.

Key Points: 
  • Japan’s Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) today announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder “JV”), to develop Electric Propulsion Systems for the aerospace sector.
  • The JV will develop and manufacture the Electric Propulsion System for electric Vertical Take-Off Landing (eVTOL) vehicles, with the aim of providing the system to non-eVTOL vehicles in the future.
  • Nidec Aerospace will be jointly owned, with Nidec owning a 51% share and Embraer the remaining 49%.
  • That’s why I’m extremely excited about this strategic partnership with Nidec to develop agnostics solutions for aerospace sector,” said Francisco Gomes Neto, President and CEO at Embraer.

Eve Holding, Inc. to Report Third Quarter 2022 Results

Retrieved on: 
Tuesday, December 20, 2022
EVEX, Upcoming, Ecosystem, Urban air mobility, History, Webcast, UAM, Atmosphere, Video game, Mobile phone

MELBOURNE, Fla., Dec. 20, 2022 /PRNewswire/ -- Eve Holding, Inc. (EVEX; EVEXW) (the "Company") will release its third quarter 2022 earnings results before the market opens on Friday, December 23, 2022 and management will discuss the results on a conference call at 9:00 AM ET that morning.

Key Points: 
  • MELBOURNE, Fla., Dec. 20, 2022 /PRNewswire/ -- Eve Holding, Inc. (EVEX; EVEXW) (the "Company") will release its third quarter 2022 earnings results before the market opens on Friday, December 23, 2022 and management will discuss the results on a conference call at 9:00 AM ET that morning.
  • The webcast will be publicly available in the Upcoming Events section of the company website ( www.eveairmobility.com ).
  • A replay of the call will be available on the company website, and through Friday, January 6, 2022, by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 13734533.
  • 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".

Eve and FlyBIS Announce Letter of Intent to Develop eVTOL Operations in Brazil and Latin America

Retrieved on: 
Thursday, December 8, 2022
Security (finance), Probability, Vision, Aircraft, Atmosphere, Ecosystem, UAM, Sustainability, Partnership, EVEX, NYSE, Flyby anomaly, Form, Government, COVID-19, History, Embraer, Growth, Letter of intent, Failure, Risk, AAM, Workforce, Urban air mobility, Embraer Phenom 100, LOI, Motivation, Airline, Fireworks, Eve, Aviation

MELBOURNE, Fla., Dec. 8, 2022 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) has signed a Letter of Intent (LOI) with FlyBIS Aviation Limited ("FlyBIS"), an advanced air mobility start-up based in Caxias do Sul, in the south of Brazil, to collaborate on the development of eVTOL operations in Brazil and South America.

Key Points: 
  • MELBOURNE, Fla., Dec. 8, 2022 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) has signed a Letter of Intent (LOI) with FlyBIS Aviation Limited ("FlyBIS"), an advanced air mobility start-up based in Caxias do Sul, in the south of Brazil, to collaborate on the development of eVTOL operations in Brazil and South America.
  • After starting operations in Brazil's southern states, FlyBIS plans to expand operations to neighboring countries and contribute to the implementation and development of Eve's air mobility ecosystem.
  • FlyBIS is backed by Brave Aviation whose current fleet includes Embraer Phenom 100 as well as other aircraft.
  • However, while Eve may elect to update these forward-looking statements at some point in the future, Eve specifically disclaims any obligation to do so.

Eve Receives Expected Notice from NYSE Related to Delayed Filing of Quarterly Report on Form 10-Q

Retrieved on: 
Tuesday, November 29, 2022
COVID-19, Growth, EVEX, Report, The Company, History, Form 10-Q, Sumathi Best Television Current Reporting Award, Compte rendu, Aircraft, Notice, Government, Urban air mobility, NYSE Listed Company Manual, Security (finance), NYSE, Risk, Ecosystem, Atmosphere, Form, New York Stock Exchange, UAM

The Notice indicated that the Company can regain compliance with the Listing Standard by filing the Form 10-Q within six months of the Form 10-Q's filing due date.

Key Points: 
  • The Notice indicated that the Company can regain compliance with the Listing Standard by filing the Form 10-Q within six months of the Form 10-Q's filing due date.
  • If the NYSE determines that an additional six-month trading period is not appropriate, suspension and delisting procedures will commence pursuant to Section 804.00 of the Listed Company Manual.
  • While the Company can provide no assurances as to timing, the Company plans to file the Form 10-Q as soon as practicably possible to regain compliance with the Listing Standard.
  • 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".