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Embraer’s Eve arrives at their first deal to launch software for air traffic control

Monday, July 18, 2022

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Eve Holding Inc has introduced its first aircraft unit and cracked its first deal to control air traffic. They announced on Sunday to provide their first deal for air traffic management. They have also begun talking with potential customers of the sector.

The company signed a letter of intent with UK-based Halo Aviation Ltd to develop and launch its air traffic solution, with operations expected in both the United Kingdom and the United States.

According to co-chief executive Andre Stein the software will not be focused only on Eve’s aircraft as its eVTOLs but will share airspace with drones, helicopters, commercial airplanes and other flying taxis. He labelled this to be an agnostic solution. He told this to Reuters as Eve was participating in a Farnborough Airshow.

Stein said Eve is talking to other potential customers to expand its footprint on air traffic management. He did not provide details but noted such negotiations include both eVTOL operators and air traffic controllers.

Eve currently has a backlog of 1,910 orders, the largest in the industry, and sees Embraer’s successful certification record as an advantage over its competitors. The sooner they can implement the technology in different airlines the better it will be for the future.

Stein stated that they are one of the few companies that can say that they have done it before. Embraer has obtained 30 aircraft models in the last 25 years.

Stein said Eve, which expects to launch its flying taxis by 2026, doesn’t have a target for orders but hopes to be a leader in the market it sees reaching 50,000 aircraft by 2035 and 100,000 by 2040.

After combining its business with Zanite Acquisition Corp, Eve debuted on the New York Stock exchange which raised $377 million in the process of manufacturing and flying.

Stein has previously told the journalists that they are not exactly rushing but they are taking time to do the entire thing right.

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