Underperforming SPAC Takes Embraer’s eVTOL Spin-off Public

Embraer will continue to support Eve in developing, certifying and manufacturing its eVTOL air taxi.
Credit: Embraer
Embraer’s urban air mobility spinoff Eve UAM will list publicly on the New York Stock Exchange on May 10 after closing a merger with blank-check company Zanite Acquisition that raised less funding than hoped for. The merger with Zanite, a special-purpose acquisition company (SPAC) led by Directional...

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Underperforming SPAC Takes Embraer’s eVTOL Spin-off Public is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.

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