Press Release

November 4, 2024

Eve, OHI and Revo Collaborate to Develop AAM Ecosystem in Brazil and Successfully Conclude First Simulation of Air Traffic Management

São Paulo, Brazil. – Nov. 4th, 2024 – Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW), Revo, an Advanced Air Mobility (AAM) platform in Brazil, and its parent company, Omni Helicopters International Group (OHI), announced the conclusion of an urban air traffic simulation in São Paulo as part of a strategic partnership to develop the AAM ecosystem in the city.

The simulation, which utilised Revo’s helicopters and Vector, Eve’s Urban Air Traffic Management (Urban ATM) software solution, took place at Revo’s operations control centre in São Paulo. In shadowing Revo’s helicopter operations, Vector simulated the management and tracking of eVTOL operations in an urban environment applying the services necessary to respond to various scenarios, including delay on departure and to destination, airspace/weather constraints, in-flight deviation to alternate landing locations, among others, which were all tested on the week commencing Mon, 21 October. The simulation focused on validating new traffic management services necessary for eVTOLs to conduct safe and reliable operations at entry into services and in high utilisation use cases at scale.

Eve and Revo have also been partnering to encourage critical AAM stakeholder collaboration to develop best-in-class eVTOL operations practices, air management protocols, and ground handling. Renowned for having the world’s largest number of helicopter operations, São Paulo presents a significant opportunity for eVTOLs to revolutionize transportation in one of the world’s largest and traffic-congested cities.

“This simulation reinforces Eve’s efforts to introduce eVTOL flights to metropolitan areas and provide communities with an additional mode of transportation that is safe, sustainable, and efficient,” said Johann Bordais, CEO of Eve. “We’re delighted to partner with Revo for this initiative to foster the urban air mobility market in Latin America’s largest city, aiming to conduct a real-world simulation to set the stage for urban flights in Sao Paulo in a climate-conscious manner.”

“We see ourselves as a provider of aerial mobility solutions, with innovation in our DNA. As the leader in Latin America in offshore transportation, we aim to be pioneers in adopting new technologies and helicopter models,” said Jeremy Akel, CEO of OHI. “Recently, we contributed to aviation history in Brazil with the first and longest uncrewed civil flight to an offshore platform, co-existing in airspace with other aircraft. This demonstrates that we have the experience and vision to help shape the future of air mobility.”

“eVTOLs are the future of air mobility. They will make flights more sustainable and easily available. To make this a reality, we must develop the ecosystem and required infrastructure,” said João Welsh, CEO of Revo. “We took the first step just over a year ago, starting an accelerated learning process with helicopters to lead this transition. Early collaboration between industry leaders, regulators, urban planners, infrastructure developers, and local communities will help ensure that key challenges are addressed holistically, and we will continue to develop the ecosystem over the coming months. We are committed to creating a future where urban flights will be safe, more democratic and carbon neutral.”

The simulation and development of the AAM ecosystem in Sao Paulo are in addition to the Revo’s pre-order of up to 50 of Eve’s eVTOL, access to Eve TechCare, Eve’s all-in-one service portfolio for eVTOLs, and Vector.

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