Eve Air Mobility: Vertical Take-Off (eVTOL) contract with Revo

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Eve Air Mobility (NYSE: EVEX; EVEXW) has signed a binding framework agreement with Revo. The contract covers the purchase of up to 50 electric vertical takeoff and landing (eVTOL) aircraft, as well as services for their deployment and aftercare. This agreement marks Eve‘s transition from development to implementation as a leading provider in urban air mobility.

Important milestone for Eve Air Mobility

Eve Air Mobility announced that the contract with Revo is final and represents a significant step in its growth strategy. Eve CEO Johann Bordais stated that this agreement confirms the company’s confidence in Eve‘s technology and operating model, while also announcing a significant milestone in its conceptual implementation. By moving from concept to implementation, Eve is contributing to building a stable and sustainable ecosystem for urban air mobility.

Launch of Revo and the São Paulo market

The agreement also means that Revo will serve as the launch operator for Eve‘s eVTOLs in São Paulo starting in the fourth quarter of 2027. São Paulo, one of the most dynamic markets for air mobility, boasts over 400 registered helicopters and nearly 2,000 daily takeoffs and landings. Revo CEO Joao Welsh emphasized Eve‘s mature technology and the company’s extensive support as key factors in the partnership decision.

Revolutionary mobility solutions

Revo plans to implement significant improvements in its mobility concept with Eve’s eVTOLs. Sustainability is a key focus, as the electric aircraft would offer a clean transportation alternative. Revo already integrates car rides with its helicopter service, enabling a reduction in travel time between key locations in southern Brazil.

Partnership for a green future

The collaboration with Eve marks a step toward diversification and leadership in the low-altitude economy, said Jeremy Akel, Group CEO of Omni Helicopters International. Partial previous collaborations, including successful urban air traffic management simulations using Eve’s Vector software, paved the way for this definitive agreement. The use of TechCare, a comprehensive service package from Eve, underscores the commitment to maximizing fleet performance.

Eve Air Mobility, a pioneer in urban air mobility, is characterized by advanced technology and a strong industry position. Together with strategic partners, the company offers sustainable and groundbreaking air mobility solutions that are transforming the way people move within urban centers.