- CEO
- Khairul Azmi Bin Ismaon
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 4001 Kennett Pike Wilmington DE United States of America 19807
- IPO Date
- Jun 15, 2023
- Business
- EVe Mobility Acquisition Corp operates as a special purpose acquisition company with a focus on identifying and acquiring businesses active in transportation, mobility, and electric vehicle sectors. Its primary business objective is to conduct mergers, share exchanges, asset acquisitions, or reorganizations with one or more entities that align with its strategic focus. Founded to leverage opportunities in the fast-evolving urban air mobility (UAM) market, the company completed a significant business combination with Eve UAM, LLC, a subsidiary of Embraer S.A., solidifying its position in the UAM ecosystem. Eve UAM specializes in the design, development, manufacture, and marketing of electric vertical takeoff and landing (eVTOL) aircraft alongside a comprehensive global network of services and support, including materials solutions, maintenance, training, operational services, and air traffic management systems.
Eve UAM, under EVe Mobility Acquisition Corp's umbrella, offers a portfolio of products and services encompassing next-generation eVTOL aircraft characterized by 100% electric propulsion with human-centric design ensuring safety, accessibility, and noise minimization. The company’s product lineup includes advanced eVTOL aircraft employing lift-plus-cruise design with dual electric pusher motors for propulsion redundancy, supplied by Beta Technologies following a recent strategic supplier agreement. The services portfolio spans materials solutions, comprehensive maintenance services, training programs, operational support, including flight operations manuals and network integration focused on optimized deployment and infrastructure. Additionally, Eve provides innovative air traffic management solutions designed to support integrated, low-level airspace operations for urban air mobility environments globally.
Recent major company developments include the completion of the business combination between Zanite Acquisition Corp and Eve UAM, positioning Eve as a publicly traded entity on the NYSE under the ticker EVEX with a robust backlog of 2,800 eVTOL orders valued in the billions. In 2025, EVe Mobility Acquisition Corp (through Eve UAM) forged a strategic alliance with Beta Technologies to secure electric pusher motors essential for its eVTOL production and prototype development, underpinning a decade-long partnership with an estimated $1 billion contract value. The company also established a strategic partnership with Acciona, incorporating a $30 million investment and board representation, to accelerate sustainable urban air mobility solutions. Furthermore, Eve expanded its geographic footprint with initiatives to develop regulatory, operational, and infrastructure readiness for eVTOL deployment in the Middle East, notably through collaboration with Bahrain's Ministry of Transportation and Telecommunications.
EVe Mobility Acquisition Corp, via Eve UAM, targets urban air mobility markets worldwide, focusing on developing sustainable, safe, and efficient aerial transportation solutions primarily in North America, Latin America, Europe, and the Middle East. It leverages Embraer’s aerospace expertise and a global partner network that includes fleet operators, ride-sharing companies, vertiport providers, aircraft lessors, financial and renewable energy providers, and defense and technology firms. Founded in the early 2020s and headquartered in Melbourne, Florida, the company benefits from a startup mindset with strategic backing from Embraer’s 50-year aerospace legacy, aiming to lead the UAM ecosystem with scalable, certifiable eVTOL aircraft and supporting services.
In summary, EVe Mobility Acquisition Corp, through its majority interest in Eve UAM, offers electric vertical takeoff and landing aircraft and an integrated ecosystem of operational support, maintenance, materials, training, and air traffic management solutions targeting the emerging urban air mobility market globally. Recent strategic developments have fortified its supply chain and financing base through partnerships with Beta Technologies and Acciona, while expanding operations and regulatory engagement in key international markets, positioning the company as a leading player in next-generation mobility solutions.