Eve Air Mobility and FlyBIS Sign Binding Agreement for Up to 12 eVTOLs in Southern Brazil

Eve Air Mobility (NYSE: EVEX; B3: EVEB31) and FlyBIS Aviation Limited (“FlyBIS”) today announced the signing of a binding agreement for up to 12 electric Vertical Take-Off and Landing (eVTOL) aircraft. The agreement comprises two firm orders and purchase rights for ten additional units.

The agreement builds on the Letter of Intent the companies announced in 2022 and advances their collaboration to establish electric air mobility operations in Brazil. FlyBIS plans to deploy Eve’s eVTOL in Southern Brazil, initially connecting destinations in Santa Catarina and Rio Grande do Sul.

Potential routes include connections in cities such as Navegantes, Balneário Camboriú and Florianópolis along Santa Catarina’s coastline, as well as services in tourism destinations in Rio Grande do Sul’s mountain region, including Gramado and Bento Gonçalves.

Eve and FlyBIS will continue collaborating on the requirements to support entry into service, including network planning, operational readiness, infrastructure and the integration of eVTOL services into the broader transportation ecosystem.

The agreement comes as Eve continues to advance the development of its eVTOL and the broader ecosystem required to support commercial operations. Following its first flight, Eve’s full-scale engineering prototype has completed more than 70 flights, including the hover and low-speed phases of its flight-test campaign. The company is now progressively expanding the aircraft’s flight envelope through transition-flight testing, including the in-flight activation of its rear pusher propulsion system as it advances toward wing-borne flight.

In September 2026, Brazil’s Ministry of Ports and Airports brought together aviation authorities, government representatives and Eve to discuss certification, vertiport infrastructure, energy supply, operational safety, telecommunications and airspace integration.

Brazil represents a premier market for urban air mobility, supported by government and certification authorities, a rapidly maturing ecosystem and strong passenger demand in cities where infrastructure has not kept pace with growth. These conditions make Brazil one of Eve’s most important markets and position the country to be among the first to scale commercially following certification, with two operators already committed to deploying Eve’s eVTOL and several others showing strong interest.

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