Strong Third Quarter Achievements
Eve Holding, Inc. reached several key milestones in Q3 2025, including the final stages of testing their engineering prototype and the start of operations for the Iron Bird, contributing to the testing of actual hardware for their aircraft.
Financial Strength and Funding
Eve successfully raised $230 million through a registered direct offering, improving their cash position to the highest level ever and extending their cash runway to about 2.5 years.
Pre-Order Backlog and Revenue Potential
Eve's total pre-order backlog stands around 2,800 aircraft, valued close to $14 billion, with additional potential revenue of up to $1.6 billion from aftermarket products and services.
Partnerships and Market Expansion
Eve announced an agreement with the Kingdom of Bahrain to position it as a regional hub for eVTOLs, with plans to conduct test flights in the region by 2027.