Eve And Voar Aviation Sign Letter Of Intent To Drive Urban Air Mobility
Portfolio Pulse from Charles Gross
Eve Air Mobility (NYSE:EVEX) and Voar Aviation have signed a Letter of Intent to evaluate the sale and purchase of 70 electric vertical take-off and landing (eVTOL) aircraft for operation in Brazil. The companies will also explore a potential partnership in Urban Air Mobility services.
June 20, 2023 | 10:32 am
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Eve Air Mobility signs LOI with Voar Aviation to evaluate the sale of 70 eVTOL aircraft and potential partnership in Urban Air Mobility services.
The LOI between Eve Air Mobility and Voar Aviation for the evaluation of the sale of 70 eVTOL aircraft and potential partnership in Urban Air Mobility services is a positive development for EVEX. This could lead to increased sales and expansion of their UAM services, which would likely have a positive impact on their stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100