Zanite Acquisition Corp.

Zanite Acquisition Corp.

ZNTE
Zanite Acquisition Corp.US flagNASDAQ Capital Market
11.32
USD
+11.32
- -
Zanite Acquisition Corp.
ZNTE
(NASDAQ Capital Market)

Recent

price

11.32

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ratio

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yld

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Capital Structure

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Quarterly Dividends Per Share

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Business
Zanite Acquisition Corp, now operating as Eve Holding, Inc., is a company primarily engaged in the development and commercialization of next-generation Urban Air Mobility (UAM) solutions. The company designs, develops, and manufactures electric vertical takeoff and landing aircraft (eVTOLs) and related systems. It provides a comprehensive suite of services including manufacturing of eVTOL aircraft; maintenance and support services for its vehicles and third-party vehicles leveraging Embraer’s global network; operation of eVTOL fleets in collaboration with established partners; and development of air traffic control systems for dense urban airspace. The company targets urban mobility markets with a focus on providing innovative, sustainable aerial transportation solutions. Originally founded as Zanite Acquisition Corp in 2020 and headquartered in Melbourne, Florida, the company completed a significant business combination with Eve Urban Air Mobility, LLC, a subsidiary of Embraer S.A., in May 2022. Following this merger, Zanite Acquisition Corp changed its name to Eve Holding, Inc. This transaction included an upsized $357 million PIPE financing round featuring strategic investments from Embraer, Thales, Acciona, Space Florida, and other leading aerospace and financial partners. The business combination and capital raise provide Eve Holding with growth capital and strategic support to accelerate the global UAM ecosystem and scale commercial operations. The company’s common stock now trades on the New York Stock Exchange under the ticker EVEX. Eve Holding operates globally, leveraging Embraer’s extensive aerospace expertise and international footprint. Its product and service offerings place it at the intersection of aviation, aerospace, urban mobility, and emerging technology sectors. The company continues to advance its urban air mobility platform with ongoing product development, commercialization efforts, and expansion of its strategic partnerships. Thus, Eve Holding, Inc. (formerly Zanite Acquisition Corp.) is a leading player in the UAM market with core competencies in eVTOL design, manufacturing, aftermarket services, fleet operations, and urban airspace management underpinned by its strategic alliance with Embraer and significant recent capital funding initiatives. The company’s focus remains on deploying safe, effective, and sustainable urban air transportation solutions worldwide.

Company News

APIChatGPT
  • Joby launches $300M public offering ahead of 2025 commercial eVTOL release

  • Brazil Places Millions Under Public Health Emergency On Eve Of Carnival—As Dengue Outbreak Grows

  • US tops public distrust in innovation on eve of Davos -Edelman

  • Zeva puts its Zero ‘flying saucer' eVTOL through first free-flying test in a pasture south of Seattle

  • EVTOL Company Eve Gets Spin Out From Embraer, SPAC Deal: What Investors Should Know

  • Embraer Stock Flies High On Eve's SPAC Deal, NYSE Listing

  • Embraer SPAC Merger: 7 Things to Know About the Deal Bringing eVTOL Unit Eve Public

  • Zanite Acquisition Corp. Announces Appointment of Patrick M. Shanahan to its Board of Directors