Embraer’s Eve Secures $40 Million BNDES Loan for eVTOL Development
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Eve Air Mobility, a subsidiary of Embraer SA, secured a $40 million loan from Brazil's BNDES to support eVTOL aircraft development. The financing includes $32 million from the BNDES Climate Fund and $8 million from foreign currency resources, with a 15-year term. This strengthens Eve's cash position for aircraft certification and highlights the partnership between Embraer, Eve, and BNDES. Since 2022, BNDES has financed over $240 million to Eve.
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