Embraer subsidiary Eve secures another U.S. financing to support eVTOL development

Eve Air Mobility , an Embraer subsidiary developing electric vertical takeoff and landing (eVTOL) aircraft, has reached a financing agreement with the Export–Import Bank of the United States (EXIM Bank) and the Private Export Funding Corporation (PEFCO). The guaranteed loan package may total up to US$15 million. The company said the funds will be used to cover engineering services and the acquisit