BNDES Approves R$200 Million to Accelerate Eve eVTOL Propulsion Integration and Certification Prep

Overview

• Of the new package, R$160 million comes from the Fundo Clima and R$40 million from the FINEM line, according to the bank.
• The funds are earmarked to integrate the electric propulsion system and ready the prototype for ANAC type‑certification testing.
• Eve says the first full‑scale prototype flight is expected around the turn of the year, with a test campaign planned for 2026 and commercial service targeted for 2027.
• Manufacturing is planned for Taubaté, São Paulo state, with an estimated US$90 million investment to adapt existing Embraer facilities.
• BNDESPar took roughly a 4% stake in August with a R$405.3 million anchor investment, complementing prior loans that bring total support to roughly R$1.2 billion.