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2023-10-06 04:34:50 ET Japan’s Nidec ( OTCPK:NJDCY ) and Brazil’s Embraer ( NYSE: ERJ ) received approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC. Vincent Braley, chief of staff for Nidec...
2023-09-25 06:08:53 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips For years I have believed that flying cars, also known as electric vertical take-off and landing (eVTOL) aircraft, will be very successful because they will enable consumers to travel around me...
2023-09-16 12:35:11 ET The Industrial Select Sector ( XLI ) fell -0.60% for the week ending Sept. 15, while the SPDR S&P 500 Trust ETF ( SPY ) dipped -0.48% . XLI was among the three of the 11 S&P 500 sectors which ended the week in red. However, year-to-date, XLI ha...
2023-09-14 11:29:52 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Flying cars, a concept that seems to only exist in movies, may soon become reality. There are dozens of flying car companies, some of which are making impressive progress in the field. One day,...
2023-08-19 12:35:05 ET The Industrial Select Sector ( XLI ) fell -2.43% for the week ending Aug. 18 following last week's mild gains. The SPDR S&P 500 Trust ETF ( SPY ) sank for the third week in a row ( -2.05% ). However, Year-to-date, XLI has risen +8.18% , while S...
2023-08-15 14:28:02 ET Summary I believe Lilium reveals a company with a unique focus on the eVTOL premium segment but has notable challenges and lacks near-term catalysts to keep investors engaged. Lilium's 1H23, in my view, shows a firm striving for commercialization and near-te...
2023-08-14 13:34:02 ET Summary Eve Air Mobility is a pre-revenue company developing an eVTOL aircraft and urban air traffic management system. Eve's enterprise value of $2 billion exceeds Embraer's entire traditional aircraft business, despite generating no revenue. Eve's deve...
2023-08-09 13:32:27 ET Summary Since late-May, when I first covered Eve, the stock has risen by ~45%. With recent updates post-May bolstering my thesis, I've revised my Dec-23 price target to $12 (up from $8). Eve's potential orders for eVTOL units have continued to rise, now 2.9k...
2023-08-08 19:44:03 ET Eve Holding, Inc. (EVEX) Q2 2023 Results Conference Call August 08, 2023 09:00 AM ET Company Participants Lucio Aldworth - Director of Investor Relations Gerard DeMuro - Co-Chief Executive Officer Andre Stein - Co-Chief Executive Officer ...
Eve Holding, Inc. Reports Second Quarter 2023 Results PR Newswire MELBOURNE, Fla. , Aug. 8, 2023 /PRNewswire/ -- Eve Holding , Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its second quarter 2023 earnings results. Financial highlights Eve is a pre-...
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Eve Air Mobility Announces $94M New Equity to Support eVTOL Development PR Newswire New capital financing includes equity injection participation from large strategic industrial companies and diversified investors Net proceeds, along with existing cash and long-term ...