United Airlines is the newest partner of Eve, Embraer’s Urban Air Mobility subsidiary. The US airline signed an agreement this Thursday that includes the investment of $15 million in the Brazilian eVTOL project. In addition, United also closed a conditional order for 200 electric aircraft in addition to another 200 options.
“Today, United is making history again, by becoming the first major airline to publicly invest in two eVTOL companies. Our agreement with Eve highlights our confidence in the urban air mobility market and serves as another important benchmark toward our goal of net zero carbon emissions by 2050 – without using traditional offsets,” said Michael Leskinen, President of United Airlines Ventures.
“United’s investment in Eve reinforces the trust in our products and services and strengthens our position in the North American market,” added André Stein, co-CEO of Eve.
United Airlines created a venture capital fund, United Airlines Ventures (UAV), to invest in sustainable aviation projects, including other electric initiatives such as the ES-19 regional plane and Eve’s rival Archer’s eVTOL. The Californian startup received a $10 million investment in August in addition to an initial order for 100 aircraft for its flying taxi.
In addition to the electrical projects, United has also partnered with Boom Supersonic, a company that intends to bring to market a supersonic passenger jet in 2029, the Overture.