Eve Secures $40 Million BNDES Loan to Advance eVTOL Program

Reuters
12/09
Eve Secures $40 Million BNDES Loan to Advance eVTOL Program

Eve Holding Inc. has secured approximately $40 million in financing from Brazil's National Bank for Economic and Social Development (BNDES) to support the integration and operation of electric motors for its first certification aircraft, as well as preparations for the necessary test campaign to obtain a type certificate from Brazil's National Civil Aviation Agency $(ANAC)$. The financing is structured under the BNDES Climate Fund (Green Industry modality) and the FINEM Innovation line, consisting of two subcredits: around $32 million from the Climate Fund and $8 million in BNDES resources raised in foreign currency, with a total term of up to 15 years. This new credit line strengthens Eve's cash position as it advances toward aircraft certification and reinforces the ongoing partnership between Eve and BNDES, which has provided over $240 million in financing to the company since 2022.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eve Holding Inc. published the original content used to generate this news brief on December 09, 2025, and is solely responsible for the information contained therein.

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