Eve Air Mobility announced a framework agreement with Bahrain’s Ministry of Transportation and Telecommunications to advance sustainable eVTOL air mobility across the Middle East. The agreement establishes a sandbox environment for testing and refining advanced air mobility systems and outlines the development of vertiport infrastructure to support safe and scalable eVTOL operations.
Commercial operations are expected to begin in 2028, with expansion to international routes by 2029. Eve is evaluating premium shuttle and tourist routes in Dubai, Abu Dhabi, Riyadh, Jeddah, Doha, Istanbul, and Manama.
The partnership positions Eve as a key player in the Middle East market, potentially unlocking new revenue streams and strengthening its global footprint as it continues to pursue certification and commercial launch of its eVTOL platform. The agreement also establishes Bahrain as a regional hub for eVTOL innovation, providing regulatory and infrastructure frameworks.
Eve is a pre‑revenue company focused on development. For Q3 2025, the company reported a net loss of $46.9 million, up from $35.8 million in Q3 2024, driven primarily by higher research and development expenses. The company maintains substantial liquidity and continues to secure funding to support its development roadmap.
Eve is actively working on certification of its eVTOL aircraft, with the National Civil Aviation Agency of Brazil (ANAC) publishing final airworthiness criteria and the company targeting dual certification with ANAC and the FAA. The company competes with Archer Aviation and Joby Aviation in the emerging eVTOL market.
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