Eve Air Mobility Has Named Four Additional Suppliers For Its Electric Vertical Takeoff And Landing (eVTOL) Aircraft
Portfolio Pulse from Benzinga Newsdesk
Eve Air Mobility has announced four suppliers for its eVTOL aircraft: Thales for air data solutions, Honeywell for guidance and navigation systems, RECARO Aircraft Seating for seats, and FACC for the tail components including rudder and elevator.
January 29, 2024 | 11:55 am
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NEUTRAL IMPACT
Eve Air Mobility, which is not directly listed in the US, has named Thales, Honeywell, RECARO, and FACC as suppliers for its eVTOL aircraft.
Eve Air Mobility is not directly listed in the US, and therefore, the direct impact on US-listed ETFs or stocks is limited to the involvement of Honeywell. The news is more relevant to Honeywell's stock than to any ETF that might include Eve Air Mobility as part of its portfolio.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Honeywell will provide guidance, navigation, and external lighting for Eve Air Mobility's eVTOL aircraft.
The partnership with Eve Air Mobility for its eVTOL aircraft could lead to increased revenue for Honeywell from the aerospace sector. This news is likely to be viewed positively by investors, potentially leading to a short-term uptick in Honeywell's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80