Eve Air Mobility has secured 150 million USD in debt financing from a syndicate of leading financial institutions.
The five-year loan included Itau, Banco do Brasil, Citibank, and the Mitsubishi UFJ Financial Group.
Proceeds are intended to support Eve’s overall research and development, including the integration of its eVTOL into a comprehensive urban air mobility ecosystem. The company has stated that the funding will ‘accelerate technological progress and strengthen partnerships with infrastructure providers and regulatory bodies’, allowing it to advance aircraft certification and commercialisation whilst maintaining all compliance with global aviation standards.
Eduardo Couto, Chief Financial Officer at Eve Air Mobility, said:This successful debt raise represents a significant milestone for Eve and a strong endorsement of our leadership in shaping the future of urban air mobility.
The confidence of large banks reinforces our commitment to delivering a fully integrated eVTOL ecosystem. This financing provides long-term resources necessary to accelerate development, advance certification, and execute our strategic roadmap through 2028 and beyond.
With the securement of this transaction; Eve’s total funding has now reached 1.2 billion USD.
The company recently completed the first flight of its full-scale engineering prototype at Embraer’s test facility in Brazil, validating key systems and initiating a test campaign planned for 2026.
