Eve Targets FAA and ANAC Certification by 2026

Eve Air Mobility, a subsidiary of Embraer, maintained its plan to obtain certification from the National Civil Aviation Agency of Brazil (ANAC) and the U.S. Federal Aviation Administration (FAA) by 2026 in its 2022 financial report. 

The Type Certification process for its electric vertical take-off and landing (eVTOL) aircraft has already been initiated with ANAC. Once approved, the Brazilian firm will begin proceedings to get certified by the FAA. 

“We have initiated the certification process of our eVTOL with Brazil’s aviation authority – ANAC, and we expect the validation process for the Type Certification (TC) in Brazil to be followed by the FAA (United States Federal Aviation Authority) targeting a dual certification and entry into services in 2026,” the report said. 

Eve also confirmed it is in talks with the European Union Aviation Safety Agency (EASA) and other similar authorities. 

“In parallel, we are in discussions with EASA in Europe and other certification authorities. The Brazilian authorities have a long history of collaboration through bilateral agreements with other certification authorities – whereby other certification authorities globally accept and validate the majority of work done by ANAC, typically with reduced additional tests,” the report states. 

“We believe this combination puts Eve on a clear path to global certification, particularly when combined with our expertise in certification, simple design solutions and undivided attention from the Brazilian authorities.”

By adopting Embraer’s proven practices, Eve said it aims to develop a safe, reliable, and cost-effective eVTOL that will utilize a Lift + Cruise design configuration.

“Our engineers continue to refine our eVTOL design as the program matures. We are leveraging Embraer’s proven development practices, testing subsystems through various methodologies to validate Proofs of Concept (POC’s) and advance towards full-scale prototype of our commercial vehicle for the certification process,” the report added. 

Eve was listed on the New York Stock Exchange in 2022, which resulted in it raising net proceeds of approximately USD$355 million. Combined with its lines of credit, the Sao Paulo-based company has over USD$400 million in liquidity.

Revealing details of its financial performance in 2022, the eVTOL and urban air mobility infrastructure developer announced a net loss of USD$174.0 million, which is significantly higher than the USD$18.3 million reported in 2021.

Eve currently has non-binding letters of intent for 2,770 aircraft from 26 different customers situated in over 12 countries.

In October 2022, the company signed a letter of intent with Skyway Technologies to utilize its Urban Air Traffic Management (UATM) software. It also joined forces with Ferrovial Vertiports in March to develop vertiport infrastructure for eVTOLs in the United States and Europe.

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