Embraer’s Eve to Deploy Electric Vertical Aircraft for Blade in Key Southern Florida and West Coast Markets
Embraer-backed manufacturer of electric vertical take-off and landing aircraft, to provide up to 60,000 hours of flight time per year to Blade across multiple markets
- This agreement has the potential to bring up to 60 of Eve’s Electric Vertical Aircraft (“EVA” or “eVTOL”) to Blade’s platform
- Aircraft will be deployed by Eve together with local partners, consistent with Blade’s asset-light business model
Backed by Embraer’s more than 50-year history of aircraft manufacturing and certification expertise, Eve unveils a unique value proposition by offering a suite of products and services. Eve’s zero-emission and low noise EVA represents a simple and intuitive design that continues to reach development milestones, including the first flight of the engineering simulator in
“Blade is aligned with our mission as they have created a platform that provides the user seamless access to Urban Air Mobility, and now with Eve to provide an experience that is quiet and without emissions. The company’s platform will be instrumental in deploying our aircraft in key markets in
Eve plans to deploy, together with local partners, up to 60 aircraft for Blade’s use throughout
“Blade is pleased to partner with Eve, leveraging Embraer’s deep aerospace expertise to provide Blade with quiet, zero-carbon, electric aircraft," said
Blade is a technology-powered urban air mobility platform committed to reducing travel friction by providing cost-effective air transportation alternatives to some of the most congested ground routes in the
For more information, visit blade.com/investors.
Eve is a new, independent company dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Benefitting from a startup mindset, backed by Embraer’s more than 50-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced electric vertical takeoff and landing vehicle (eVTOL) project, a comprehensive global services and support network, and a unique air traffic management solution. Eve is the first company to graduate from EmbraerX. For more information, visit www.eveairmobility.com.
A global aerospace company headquartered in
Since it was founded in 1969,
Forward Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “could”, “continue”, “expect”, “estimate”, “may”, “plan”, “outlook”, “future” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements, including with respect to the agreement between Blade and Eve, are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blade’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the agreements and transactions described in this press release; (2) the inability to complete the transactions due to the failure of any party to satisfy relevant terms and conditions; (3) costs related to the transactions; (4) changes in applicable laws or regulations and delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals required to complete the transactions; (5) the possibility that Blade may be adversely affected by other economic, business, regulatory and/or competitive factors; (6) the impact of COVID-19 on Blade’s business and/or the ability of the parties to complete the transactions; and (7) the outcome of any legal proceedings that may be instituted against Blade or any of its directors or officers, following the announcement of the transactions.
New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us or the transactions described in this press release. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Blade undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise.
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