other material
confidence high
sentiment positive
materiality 0.90
Eve Holding signs supply agreement with Embraer for EVE-100 eVTOL program
Eve Holding, Inc.
- Embraer to design, develop, manufacture, and support certification for EVE-100 eVTOL products.
- Agreement effective August 31, 2023; no minimum purchase quantities guaranteed by Eve.
- Risk-sharing structure: Embraer to absorb certain upfront costs per redacted terms.
- Eve retains right to source similar products from other suppliers at its discretion.
- Supply agreement valid throughout the life of the EVE-100 program unless earlier terminated.