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Brazilian authorities watch Eve's eVTOL prototype as tests expand
Eve Air Mobility (NYSE: EVEX) performed a flight demonstration of its eVTOL prototype for Brazilian authorities, including President Luiz Inácio Lula da Silva, marking significant progress in its flight test campaign. The prototype has completed 35 flights, accumulated nearly 1.5 hours of flight time, and reached an altitude of 140 feet AGL, with propulsion and battery performance exceeding initial expectations. Eve plans to expand the flight envelope towards certification and continues to support the development of Brazil’s National Urban Air Mobility policy.