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The new software will help maximize the capacity and efficiency of vertiports
MELBOURNE, Fla., December 6, 2022 – Eve Air Mobility (“Eve”) (NOT: EVEX; EVEXV) has signed a Letter of Intent (LOI) with Volatus Infrastructure, LLC, to deliver a vertiport automation solution that will support traffic management future electric vehicles for vertical take-off and landing (eVTOL). Eva’s software solution for air traffic management (“UATM”) will be used to improve the capacity and efficiency of Volatus’ vertiports.
“Eva’s new vertiport software solution will enable Volatus to provide safe, reliable and efficient eVTOL flights,” said Grant Fisk, co-founder of Volatus Infrastructure. “It is vital that these systems are up and running so that when the FAA approves the first eVTOL vehicle, we are ready to serve them. Together, we are laying a solid foundation that the UAM industry will build upon for decades.”
“In addition to developing the new eVTOL, Eve has become a recognized leader in developing the infrastructure and ecosystem needed to enable safe and efficient eVTOL operations around the world,” said Andre Stein, co-CEO of Eve. “This new software system will be specifically designed to support and maximize the capacity and efficiency of vertiports versus modifying existing software designed for other purposes. This supports our strategy of not only developing eVTOL, but also providing a comprehensive package of services and support. By developing Vertiport Automation software for Volatus, we will help support the efficient operation and growth of the industry.”
Eva’s UATM software is an agnostic solution that will enable the integration of all airspace users into the urban environment. This is critical to support the safety, efficiency and improvement of the entire UAM ecosystem, including fleet and vertiport operators. This new collaboration reinforces our shared commitment to the secure integration and scaling of global UAM operations.
The painting: https://bit.li/3P0nEKV
Follow Eve on Twitter: @Eveairmobility
About Eve Air Mobility
Eve is dedicated to accelerating the Urban Air Mobility ecosystem. Benefiting from a start-up mindset, supported by Embraer SA’s more than 50-year history of aerospace expertise, and with a distinct focus, Eve takes a holistic approach to the advancement of the UAM ecosystem, with an advanced eVTOL project, a comprehensive global service and support network, and a unique air traffic management solution. by traffic. As of May 10, 2022, Eve is listed on the New York Stock Exchange where its shares of common stock and public warrants trade under the symbols “EVEX” and “EVEXV”. For more information, visit www.eveairmobility.com.
About Volatus Infrastructure, LLC
Founded in 2021, Volatus Infrastructure, LLC connects communities to the future with best-in-class eVTOL infrastructure technology to ensure society is future-ready. Volatus offers three main eVTOL infrastructure designs, a vehicle agnostic charging station, plus application and maintenance programs. By adapting to specific needs while incorporating the latest technologies, their work positively impacts the clients and communities they serve. Join the future with Volatus Infrastructure.
Release of forward-looking statements
Certain statements in this press release include “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use words such as “estimate”, “plan”, “project”, “anticipate”, “intend”, “will”, “expect”, “anticipate”, “believe”, “seek”, “target”, “may “, “intend”, “anticipate”, “should”, “would”, “anticipate”, “potential”, “seems”, “future”, “appearance” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Eva’s and Volatus’ expectations regarding the announced agreement and future performance. These forward-looking statements are made for illustrative purposes only and are not intended to serve as a guarantee, warranty, prediction or definitive statement of fact or probability, and should not be relied upon by any investor. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of Eve and Volatus.
These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) failure to realize the expected benefits from the announced agreement between Eva and Volatus; (iii) risks related to the uncertainty of projected financial information regarding Eve; (iv) the outcome of any legal proceedings that may be brought against Eva; (v) future global, regional or local economic and market conditions, including the growth and development of the urban air mobility market; (vi) development, effect and enforcement of laws and regulations; (vii) Eva’s ability to grow and manage future growth, maintain relationships with customers and suppliers and retain its key employees; (viii) Eve’s ability to develop new products and solutions, bring them to market in a timely manner and improve its platform; (ik) Eve’s ability to successfully develop, certify and commercialize its eVTOL; (k) the effects of competition on Eva’s future business; (ki) the outcome of any potential litigation, governmental and regulatory proceedings, inquiries and investigations; (kii) the impact of the global COVID-19 pandemic and (kiii) those factors discussed in Eva’s registration statement on Form S-1/A filed on August 25, 2022 under the heading “Risk Factors” and other documents filed by Eva, or to be filed with the Securities and Exchange Commission (SEC).
If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks of which Eva is not currently aware or which Eva currently believes to be immaterial, which may also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Eva’s expectations, plans or forecasts of future events and attitudes as of the date of this press release. Eve predicts that later events and developments will cause Eve’s judgments to change. However, while Eve may choose to update these forward-looking statements at some point in the future, Eve expressly disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Eva’s estimates as of any date after the date of this press release. Accordingly, you should not place undue reliance on forward-looking statements.
Information for investors
https://ir.eveairmobility.com
Email: investors@eveairmobility.com
Media contacts:
Eve Air Mobility
media@eveairmobility.com
Volatus
sheena@volatusllc.com
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