Eve Air Mobility receives funding from U.S. Export-Import Bank

Eve Air announced on Thursday that it has made an agreement with the Export-Import Bank of the United States (EXIM Bank) and the Private Export Funding Corporation (PEFCO) to finance expenses with its U.S. suppliers for its eVTOL program. The funding will be used to acquire batteries and engineering services from BAE Systems during Eve's development and testing phase. Eve claims the agreement is an essential step in removing risk from its eVTOL program. The additional support should ensure greater participation from U.S. suppliers. "We are incredibly proud to partner with EXIM Bank to offer this innovative financing solution," said Eve CFO Eduardo Couto. "This agreement underscores EXIM Bank's confidence in Eve's business model and the strong future of urban air mobility. It will empower Eve's U.S. supply chain by providing critical financial flexibility, accelerating the adoption of sustainable air travel globally." RELATED STORIES: Eve Air selects BETA as motor supplier for prototype and production aircraft Eve Air announces first deployment of urban air traffic management software Eve Air Mobility makes agreement to expand eVTOL presence in Middle East BAE Systems' battery system will provide high-performance energy storage for efficient and sustainable urban air mobility operations. Eve announced the deployment of the first urban air traffic management software, Vector, in Nov. 2025. The company also announced in Dec. 2025 that it partnered with BETA Technologies to supply electric pusher motors for its conforming prototypes and production aircraft.