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Eve Air Mobility and RV Connex Sign MOU to Advance Urban Air Mobility Regulatory Framework in Thailand

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Eve Air Mobility (NYSE: EVEX) and Thai aerospace company RV Connex signed a Memorandum of Understanding to jointly support regulatory development for Thailand’s Advanced Air Mobility (AAM) and urban air mobility sectors. The partners will engage public and private stakeholders to define future operational scenarios, safety requirements, airspace rules, and infrastructure needs tailored to Thailand, drawing on global AAM standards while aligning with local market and aviation system requirements.

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Positive

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Negative

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Market Context

EVEX's prior FDOT partnership announcement recorded a -0.41% 24-hour reaction, showing partnership n...
Analysis

EVEX's prior FDOT partnership announcement recorded a -0.41% 24-hour reaction, showing partnership news has not produced a uniform historical response. This MOU should be weighed against that variability and moderate short positioning as a volatility risk.

Historical Context

5 past events · Latest: Aug 04 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 04 2Q26 earnings report Positive +19.2% Narrower net loss and liquidity supporting operations through 2028
Aug 03 Flight milestone Positive +3.5% Engineering prototype completed its first partial transition flight
Jul 22 Florida AAM partnership Positive -0.4% FDOT collaboration addressed infrastructure, operations, airspace, and commercialization
Jul 20 Global certification path Positive +11.0% ANAC consultation and EASA application advanced Eve 100 certification
Jul 19 Noise criteria proposal Positive +0.0% ANAC published proposed Eve 100 noise certification criteria

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent positive company news was generally followed by gains, although the prior partnership announcement diverged with a negative reaction.

Key Terms

memorandum of understanding, advanced air mobility, urban air mobility
3 terms
memorandum of understanding regulatory
"Memorandum of Understanding (MOU) to work together on regulatory development"
A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines their shared intentions and plans to work together. It acts like a handshake in writing, clarifying each side’s roles and expectations before any official contract is signed. For investors, an MOU signals that parties are serious about collaboration, which can influence future business opportunities and potential growth.
advanced air mobility technical
"Thailand's Advanced Air Mobility (AAM) industry"
Advanced air mobility involves the development and use of new types of aircraft, such as electric or hybrid vehicles, to transport people and goods through the air more efficiently and safely. It aims to improve urban transportation, reduce traffic congestion, and open up new markets for aerial services. For investors, it represents a growing industry with potential for technological innovation and future economic impact.
urban air mobility technical
"Framework development aims to accelerate Thailand's readiness for commercial AAM operations."
Urban air mobility is the emerging system of using small aircraft—often electric vertical takeoff and landing vehicles and delivery drones—to move people and goods around cities. Think of it as adding a new layer of roads in the sky that could cut travel time and congestion, but it matters to investors because success depends on technology, safety, regulation, airspace rules and new infrastructure, all of which affect costs, adoption and revenue potential.

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Framework development aims to accelerate Thailand's readiness for commercial AAM operations.

MELBOURNE, Fla., Aug. 17, 2026 /PRNewswire/ -- Eve Air Mobility (NYSE: EVEX, EVEXW; B3: EVEB31) and RV Connex Co., Ltd., a leading Thai engineering and aerospace company, are signing a Memorandum of Understanding (MOU) to work together on regulatory development that will help shape Thailand's Advanced Air Mobility (AAM) industry.

Eve Air Mobility Logo

Under the terms of the MOU, RV Connex and Eve will jointly collaborate on long term industry and regulatory engagement in Thailand. Bringing together interested public and private stakeholders to establish safe, efficient, and scalable advanced air mobility operations.

"Thailand offers a fantastic opportunity for urban air mobility. Working with RV Connex lets us help shape the regulations this industry needs to grow," said Johann Bordais, chief executive officer at Eve Air Mobility. "This MOU shows our strong commitment to building the needed regulatory and operational foundations together with local partners."

This collaboration seeks to evaluate future operational scenarios, safety requirements, airspace rules, and infrastructure needs that are specific to Thailand's aviation system. Learning from global AAM standards while also meeting the needs of the Thai market. RV Connex will collaborate closely with partners from government, academia, and industry to make sure the process is thorough and inclusive.

"RV Connex wants to help make Thailand a leader in global advanced air mobility," said Sujate Jantarang, president of RV Connex. "Our MOU with Eve Air Mobility and our partners will create a strong framework to help Thai authorities develop modern, globally aligned regulations for this new technology."

Images: RV Connex Eve 100 Aircraft

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.

About R V Connex
RV Connex Co., Ltd. is a Thai aerospace and advanced technology company specializing in the research, development, and manufacturing of next-generation aviation and autonomous systems. The company brings full-stack expertise in unmanned aerial systems, aircraft engineering, and integrated operational command and control, supported by a sovereign capability to design, build, and sustain complex aerospace platforms in Thailand. With proven know-how spanning airframe development, mission systems integration, and the operational architectures that govern safe and coordinated flight, RV Connex partners with leading technology companies to advance the future of aviation and urban air mobility. These capabilities are reinforced by an established cybersecurity practice that ensures the integrity and resilience of connected aerospace systems.

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.

 

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SOURCE Eve Air Mobility

FAQ

What is the purpose of Eve Air Mobility’s (NYSE: EVEX) MOU with RV Connex in Thailand?

The MOU aims to support development of Thailand’s Advanced Air Mobility regulatory framework. According to Eve Air Mobility, both companies will collaborate on long-term industry engagement, helping authorities define safety, airspace and infrastructure requirements tailored to Thailand’s aviation system.

How will the Eve Air Mobility and RV Connex MOU impact urban air mobility regulations in Thailand?

The MOU is intended to help shape future urban air mobility regulations in Thailand. According to Eve Air Mobility, the collaboration will evaluate operational scenarios, safety needs, airspace rules and infrastructure to support safe, efficient and scalable AAM operations aligned with global standards.

Who are the main partners in the Advanced Air Mobility regulatory collaboration announced on August 17, 2026 for EVEX?

The main partners are Eve Air Mobility and Thai engineering and aerospace company RV Connex. According to Eve Air Mobility, RV Connex will work closely with government, academic and industry partners in Thailand to support an inclusive regulatory development process for advanced air mobility.

Does the Eve Air Mobility and RV Connex MOU include commercial orders or financial commitments for EVEX?

The announcement does not disclose any commercial orders or financial commitments. According to Eve Air Mobility, the MOU focuses on regulatory and industry collaboration, including stakeholder engagement and evaluation of safety, airspace and infrastructure requirements for Thailand’s advanced air mobility ecosystem.

How could the Eve Air Mobility and RV Connex regulatory MOU benefit Thailand’s AAM industry?

The MOU could help create modern, globally aligned regulations for Thailand’s AAM industry. According to RV Connex, the framework is intended to support Thai authorities in building safe, efficient and scalable advanced air mobility operations, positioning Thailand as a potential regional leader.