other material
confidence medium
sentiment positive
materiality 0.60
EVE Holding enters supply agreements with BAE Systems, DUC Hélices, and Nidec for EVE-100 eVTOL components
Eve Holding, Inc.
- Supply agreements with BAE Systems Controls, DUC Hélices Propellers, and Nidec Aerospace for design, development, and supply of components for EVE-100 eVTOL aircraft.
- Agreements cover design, industrialization, manufacture, test, and support for certification by ANAC, EASA, FAA, TCCA, or other airworthiness authorities.
- Effective June 16, 2023 (BAE and Nidec) and May 22, 2023 (DUC); valid for life of program until 5 years after last aircraft delivery or 15 years, whichever later.
- Financial terms not disclosed; agreements include risk-sharing and financing contributions (redacted).
- Embraer S.A. is a party to each agreement as part of the Buyer Group alongside EVE UAM.