Eve: Disruptive eVTOL Technology With Growth Potential

Jul. 24, 2022 12:37 PM ETEve Holding, Inc. (EVEX)BA, EADSF, EADSY, ERJ4 Comments

Summary

  • Eve announced a tentative agreement with BAE Systems for the purchase of up to 150 eVTOLs.
  • Agreement underlines the willingness to explore application of eVTOLs beyond urban air mobility solutions.
  • The eVTOL development is in its early phase and it is likely that many of the eVTOL designs won't enter the market or create sustained success.
  • Looking for a helping hand in the market? Members of The Aerospace Forum get exclusive ideas and guidance to navigate any climate. Learn More »

eVTOL ready to land on the roof tarmac

XH4D/iStock via Getty Images

On the Farnborough International Airshow, we had the traditional manufacturers present their orders and tentative agreements. These manufacturers include Boeing (BA), Airbus (OTCPK:EADSF) (OTCPK:EADSY), ATR and Embraer (ERJ

Eve render eVTOL in flight

Eve

Eve render eVTOL

Eve render eVTOL (Eve)

This article was written by

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Dhierin is a leading contributor covering the aerospace industry on Seeking Alpha and the founder of The Aerospace Forum. With his Aerospace Engineering background he has a more indepth knowledge about aerospace products enabling him to cover a complex niche. Most of his reports will be about companies in the aerospace industry or airlines industry, comparing products and looking at market forecasts providing investors with unique and thorough insights. Dhierin has accumulated nearly 20 million views never failing to spark healthy and thoughtful discussions for investors and aerospace professionals.

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Disclosure: I/we have a beneficial long position in the shares of BA, EADSF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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