Embraer’s Eve reaches first deal to provide air traffic control software

The company signed a letter of intent with UK-based Halo Aviation Ltd to develop and launch its air traffic solution, with operations expected in both the United Kingdom and the United States.

Halo had ordered 200 electric vertical take-off and landing vehicles (eVTOLs) from Eve last year, in a bid to enhance the development of the so-called Urban Air Mobility sector.

The software will not be focused only on Eves aircraft as its eVTOLs will share airspace with drones, helicopters, commercial airplanes and other flying taxis, co-chief executive Andre Stein said.

“It is an agnostic solution,” he told Reuters in an interview from Great Britain, where Eve is participating in the Farnborough Airshow.

Eve and Halo did not disclose how much the deal was worth.

Stein said Eve is talking to other potential customers to expand its footprint on air traffic management. He did not provide details, but noted such negotiations include both eVTOL operators and air traffic controllers.

Eve currently has a backlog of 1,910 orders, the largest in the industry, and sees Embraers successful certification record as an advantage over its competitors.

“We are one of the few companies that can say weve done it before,” Stein said, noting that Embraer obtained certification for 30 aircraft models in the last 25 years.

Stein said Eve, which expects to launch its flying taxis by 2026, doesnt have a target for orders but hopes to be a leader in the market it sees reaching 50,000 aircraft by 2035 and 100,000 by 2040.

Peers include Joby Aviation Inc, Vertical Aerospace Ltd, Lilium NV and Archer Aviation Inc.

Eve debuted on the New York Stock Exchange earlier this year after combining its business with Zanite Acquisition Corp, raising $377 million in the process to manufacture its flying taxis.

Sundays announcement came as the firm also unveiled its first full-sized eVTOL cabin mock-up in Farnborough.

Stein had told journalists in May the company was not rushing to launch its prototype, but “doing it right”.