/C O R R E C T I O N -- Eve Air Mobility/

Rhea-AI Summary

Eve Air Mobility (NYSE: EVEX) highlighted accelerating flight testing, operator engagement, and commercial momentum at VERTICON 2026. Key facts: nearly 2,700 eVTOL commitments, maiden full‑scale demonstrator flight in December 2025, and a planned ~300 test flights in 2026.

The release also notes two new binding agreements—up to 50 eVTOLs each with Revo and AirX—and emphasizes Eve TechCare, Eve Vector, and Embraer's support network to ease mixed‑fleet adoption.

Positive

• Nearly 2,700 eVTOL commitments globally
• Two binding deals adding up to 100 potential eVTOLs
• Planned ~300 flight tests in 2026 to advance certification
• Maiden full‑scale demonstrator flight completed in December 2025
• Integrated support via Eve TechCare, Eve Vector, and Embraer

Negative

• Certification is still pending, creating timing and regulatory risk

/C O R R E C T I O N – In the news release, Eve Air Mobility Enters VERTICON 2026 With New Pathways for Rotorcraft Fleets, issued March 4, 2026 by Eve Air Mobility over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

Eve Air Mobility Enters VERTICON 2026 With New Pathways for Rotorcraft Fleets

Eve is deepening its engagement with helicopter operators as flight testing advances, ecosystem readiness strengthens, and global commitments accelerate the transition toward integrated electric Vertical Take-Off and Landing (eVTOL) and rotorcraft operations.

MELBOURNE, Fla., March 4, 2026 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX, EVEXW; B3: EVEB31) arrives at VERTICON 2026 with expanding momentum across its flight‑test program, customer commitments, and operator ecosystem. As helicopter operators worldwide sharpen their long‑term fleet strategies, Eve is intensifying direct collaboration to provide a practical, low‑risk pathway toward electric flight, one that builds on today's rotorcraft operations rather than replacing them.

Visitors to VERTICON 2026 can explore Eve's full‑scale eVTOL mock‑up at booth #B8439, offering an immersive preview of the aircraft that will help define the next chapter of Urban Air Mobility and mixed-fleet operations. The experience underscores Eve's accelerating industry traction, fueled by deepening operator partnerships, steady technical progress, and a strengthening commercial backlog.

"Operators are asking for a realistic, confidence‑building roadmap to electrification, and that is exactly what Eve is delivering," said Johann Bordais, chief executive officer of Eve Air Mobility. "Our eVTOL is purpose‑built to complement existing fleets by adding quiet, efficient, short‑range capacity. With Eve TechCare® aftermarket solutions, Eve Vector® urban air traffic management software, and the support of Embraer's global infrastructure, we're giving operators a fully integrated, lower‑risk way to shape their future fleets today."

Eve's increased engagement with helicopter operators reflects the industry's growing need for fleet-evolution strategies grounded in operational reality. With certification approaching and fleet‑planning timelines typically spanning several years, operators are accelerating their preparation now, evaluating routes, energy infrastructure, training needs, and mixed‑fleet concepts of operations. Eve provides a near‑term solution that opens new high‑frequency urban routes, expands capacity, and supports sustainability objectives while enabling rotorcraft to focus on longer‑range, heavy‑lift, and specialized missions.

Eve's 2026 flight‑test program continues on schedule following the successful maiden flight of its full‑scale engineering demonstrator in December 2025. With test flights occurring nearly daily and a plan to complete nearly 300 flights this year, the program will shortly prepare to enter wing‑borne cruise, an essential validation of Eve's efficient lift + cruise design. This technical progress gives operators greater clarity and confidence as they map their transition timelines.

Eve's support ecosystem is specifically designed to reduce complexity for operators preparing to introduce eVTOL aircraft.

• Eve TechCare provides predictable maintenance, lifecycle services, and fleet‑availability support tailored to mixed fleets. With complete risk-transfer to Eve, operators can have peace of mind.
• Eve Vector, Eve's urban air traffic management solution, helps integrate eVTOLs safely alongside helicopters in dense airspace.
• Embraer's global infrastructure network delivers training, maintenance, repair, and overhaul, parts, and logistics support to ease operational adoption and ensure service continuity.

Together, these capabilities provide operators with an integrated foundation that reduces risk, accelerates readiness, and smooths the path toward electric operations.

Today, Eve maintains the industry's largest global pipeline with nearly 2,700 eVTOL commitments, many from helicopter operators seeking practical steps toward long‑term fleet evolution. The company recently strengthened its firm orders with two new binding agreements:

• Revo, an urban air mobility operator in São Paulo, committed up to 50 eVTOLs, along with TechCare support, to begin transitioning its multimodal São Paulo service toward a fully electric fleet.
• Tokyo‑based AirX, committed up to 50 eVTOLs, and plans to deploy the aircraft for sightseeing and last‑mile mobility beginning in 2029.

These milestones expand Eve's presence across the Americas and Asia‑Pacific, reinforcing its role as a partner of choice for rotorcraft operators shaping their future mobility portfolios.

Image: Eve Over Atlanta

About Eve Air Mobility

Eve Air Mobility is dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Benefitting from a start-up mindset, backed by Embraer's 56-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, comprehensive global services and support network and a unique air traffic management solution. Eve is listed on the New York Stock Exchange (EVEX; EVEXW) and the São Paulo Stock Exchange (EVEB31), where its shares of common stock, public warrants and Brazilian Depository Receipts are traded. For more information, please visit www.eveairmobility.com

Forward-Looking Statement Disclosure 

Certain statements contained in this release are forward-looking statements within the meaning of the U.S. 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 the company'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 the company'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 the company'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 the company's most recent Quarterly Report on Form 10-Q, and other risks and uncertainties listed from time to time in the company's other filings with the Securities and Exchange Commission. Additionally, there may be other factors of which the company 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. The company 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.

Correction: An earlier version of this release incorrectly provides the booth number in the second paragraph.

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SOURCE Eve Air Mobility

FAQ

How many eVTOL commitments does Eve (EVEX) report as of March 4, 2026?

Eve reports nearly 2,700 eVTOL commitments, a major pipeline indicator. According to the company, this represents the largest global pipeline of eVTOL commitments and underpins its commercial backlog and operator interest.

What binding customer agreements did Eve (EVEX) announce at VERTICON 2026?

Eve announced two binding agreements for up to 50 eVTOLs each with Revo and AirX. According to the company, both deals include TechCare support and expand Eve's presence in the Americas and Asia‑Pacific.

What is Eve's 2026 flight‑test plan and recent test milestones for EVEX?

Eve plans to complete nearly 300 test flights in 2026 following a December 2025 maiden flight. According to the company, flights occur nearly daily and will soon validate wing‑borne cruise for its lift + cruise design.

How does Eve (EVEX) propose to integrate eVTOLs with existing helicopter fleets?

Eve offers a mixed‑fleet pathway using Eve TechCare and Eve Vector plus Embraer support. According to the company, these services aim to reduce operator risk and simplify maintenance, traffic management, and training for combined operations.

When does Eve expect commercial deployments with announced customers like AirX to begin?

AirX plans deployments beginning in 2029 for sightseeing and last‑mile mobility. According to the company, the AirX agreement contemplates staged introduction consistent with certification timelines and operational readiness planning.