Eve Says Merger Funds Will Take eVTOL To Certification

Embraer eVTOL spinoff Eve began trading on the New York Stock Exchange on May 10.
Credit: Eve Holding
Embraer’s urban air mobility (UAM) spinoff Eve Holding listed publicly on the New York Stock Exchange on May 10 after completing its merger with blank-check company Zanite Acquisition. The merger grossed $377 million, less than the maximum of $537 million, but Embraer believes the funding raised is...

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