The purchase order is conditional.
United Airlines is investing $15 million in Eve Air Mobility, an electric aviation startup owned by Brazilian aircraft manufacturer Embraer. As part of the deal, United will purchase 200 of Eve’s electric air taxis, which can seat four passengers and take off and land vertically like a helicopter.investing an undisclosed amount of money in Archer
last year. These companies propose to develop small, electric vertical takeoff and landing aircraft that can fly from rooftop to rooftop in a dense city as a taxi service. But so far, none have received clearance from federal aviation regulators to fly passengers.But Eve may have to meet certain benchmarks before fulfilling its order with United, as the airline described it as a “conditional purchase agreement.
The investment will come from United’s venture arm, United Airlines Ventures, which the airline is using to further its goal to reach net zero emissions by 2050 without the use of traditional carbon offsets. United said it is investing in Eve primarily due to its ties to Embraer, which can provide access to parts and supplies for its air taxi service. Previously,before the ride-hailing company sold off its eVTOL division to another startup.
Eve is the latest startup to receive United’s stamp of approval. Last year, the airline said it wouldSign up for the newsletterPlease confirm your subscription to Verge Deals via the verification email we just sent you.By submitting your email, you agree to our
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