Eve Archives - Airspace Africa

Nidec and Embraer Receive Approval for Joint Venture to Develop Electric Propulsion System for Aerospace Sector

admin — Fri, 06 Oct 2023 03:29:13 +0000

Japan’s Nidec Corporation and Brazil’s Embraer have received unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC. The transaction combines the complementary synergies and distinct areas of expertise of two world-class engineering conglomerates to develop Electric Propulsion Systems (EPS) for the aerospace sector. Vincent Braley, chief of [...]

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Eve and Kenya Airways studying potential applications proceeds of eVTOLs

Victor Shalton Odhiambo — Sat, 03 Sep 2022 12:34:48 +0000

For aviation enthusiasts, the development of air taxis presents an exciting new mobility option. The prospect of the electric air taxi has also been greeted as eagerly as in airline boardrooms. Even as the travel industry continues to emerge from the coronavirus crisis, one of Africa’s leading carriers has been embracing the promise of eVTOLs, [...]

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Kenya Airways’ Fahari Aviation intends to Purchase 40 ‘Flying Cars” from Eve to Kickstart UAM Operations

admin — Wed, 22 Jun 2022 08:25:15 +0000

Kenya Airways’ subsidiary, Fahari Aviation, signed a Letter of Intent (LoI) to acquire up to 40 electric vertical take-off and landing (eVTOL) vehicles from Eve, an Embraer backed project dedicated to accelerating the Urban Air Mobility ecosystem . The agreement includes joint studies through a working group to develop and scale the UAM market and [...]

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Embraer’s EVE UAM Getting Closer to Becoming a Publicly Traded Company

Victor Shalton Odhiambo — Mon, 18 Apr 2022 13:18:16 +0000

Embraer is moving closer to divesting its air taxi business Eve Urban Air Mobility (UAM), saying it expects to close the deal on May 6, pending shareholder approval. The deal, which gives Eve a pre-money valuation of around US$2.2 billion, has been in the works at least since June previous year when Zanite confirmed it [...]

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Embraer’s Eve and Kenya Airways’ Fahari Partner to Develop Urban Air Mobility Network

admin — Thu, 12 Aug 2021 08:03:08 +0000

Eve Urban Air Mobility Solutions (“Eve”) has signed a Memorandum of Understanding (MoU) with Kenya Airways PLC, the flag carrier of Kenya, through its fully owned subsidiary Fahari Aviation. Fahari Aviation was created by Kenya Airways in order to lead the application of Emerging Aviation technology in the region and continent while Eve is a [...]

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