Eve Air Mobility ("Eve") has signed a Letter of Intent (LOI) with Future Flight Global, a pioneer in electric aircraft for up to 54 electric Vertical Take-Off and Landing (eVTOL) aircraft, targeting the Brazil and United States markets. This LOI strengthens Eve's backlog of LOIs ranging from global carriers to regional airlines to urban transportation-focused entities such as Future Flight Global.

Headquartered in Washington, Future Flight Global will draw on its deep operational expertise to expand Eve's existing and substantial market share, while leveraging its strength in Brazil to serve that market. Together, the companies aim to transform urban mobility on a global scale by deploying eVTOL aircraft that dramatically reduce travel times and ease congestion in major cities.

This announcement follows the release of Eve's inaugural Global Market Outlook (GMO), detailing the growth and demand surrounding the Urban Air Mobility category for the next twenty years. Urban growth and higher traffic congestion are two critical drivers for the category, and this partnership between Eve and Future Flight Global is emblematic of the overall industry expansion that the GMO points to.