Eve Air Mobility and Moov Sign LOI for up to 30 eVTOLs to Explore Tourism and Regional Mobility in Cabo Verde

Eve Air Mobility ("Eve") (NYSE: EVEX , EVEXW; B3: EVEB31) and Moov have signed a Letter of Intent (LOI) for up to 30 electric vertical take-off and landing (eVTOL) aircraft, supporting the companies' joint exploration of advanced air mobility (AAM) opportunities in Cabo Verde and Europe.

The initiative will evaluate how eVTOLs can expand tourism and regional mobility offerings across the African archipelago.

Eve and Moov will explore use cases including sightseeing and shuttle services between airports, ports and resorts, as well as regional mobility across São Vicente, Santo Antão, Sal, Praia and Boa Vista.

The companies have also identified potential in medical transport services and infrastructure inspections.

According to the World Bank [1] , Cabo Verde's tourism sector continued to expand in 2024, with tourist arrivals reaching an estimated 1.18 million, up 16.5% year over year, marking tourism's role as one of the country's key economic drivers.

As the archipelago continues to invest in connectivity and visitor infrastructure, companies see an opportunity to explore how eVTOLs can complement existing transportation networks and enhance mobility offerings.

"This LOI with Moov reflects Eve's continued commitment to working with customers and partners that are building practical, high-value advanced air mobility use cases," said Johann Bordais, CEO of Eve.

Moov is a Switzerland-incorporated aviation company based in Lugano, building the Atlantic Gateway: a new intercontinental aviation network connecting Europe, Africa and Latin America.

As part of its broader vision, the company is also assessing how AAM technologies may support local connectivity and premium travel experiences within its network ecosystem.

"We believe Cabo Verde is uniquely positioned to benefit from innovative mobility solutions that enhance the visitor experience while supporting long-term connectivity and economic development," said Captain Alvaro N. de Oliveira, Founder and CEO of Moov.

Moov's leadership team brings decades of aviation and business leadership experience, including airline launch expertise and senior roles across global carriers, air cargo operators, procurement, finance, operations and strategy.

The founding and advisory team includes executives with experience at companies such as Azul, Modern Logistics, Swiss International Air Lines, Etihad Airways, FedEx and ASL Aviation Group.

The LOI comes at a time of continued investment in Cabo Verde's transport, tourism and strategic infrastructure.

Recent airport modernization programs and broader public-private sector investments are reinforcing the country's long-term growth outlook and strengthening the case for new mobility solutions to support tourism, connectivity and sustainable development.

About Eve Air Mobility Eve Air Mobility is dedicated to accelerating the Urban Air Mobility (UAM) ecosystem.

Benefitting from a start-up mindset, backed by Embraer's 56-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to advancing the UAM ecosystem, with an advanced eVTOL project, a comprehensive global services and support network, and a unique air traffic management solution.

Eve is listed on the New York Stock Exchange (EVEX; EVEXW) and t...