Eve Air Mobility has closed a five-year, $150 million debt facility with a consortium led by Itaú Unibanco, Banco do Brasil, Citibank and Mitsubishi UFJ Financial Group. The financing represents a milestone for the company’s push to advance its full-scale engineering prototype toward certification and commercialization. Proceeds will fund research and development, support integration of the aircraft into urban air mobility infrastructure and strengthen regulatory partnerships. This infusion brings Eve’s total capital raised to $1.2 billion, reinforcing its position as one of the best-capitalized OEMs in the emerging eVTOL sector. The company’s next steps include a comprehensive test campaign in 2026 and continued collaboration with infrastructure providers to establish scalable operations in key global markets.

Data from the Financial Industry Regulatory Authority shows that short interest in Eve Holding surged by 42.3% during December, rising to 5,962,692 shares as of month-end compared with 4,189,819 shares on December 15. The increase represents 1.7% of the company’s total float and yields a days-to-cover ratio of three, based on average daily volume of 1.99 million shares. This uptick in bearish positioning follows the company’s November quarter results, which delivered adjusted EPS that marginally exceeded consensus but continued to reflect a path toward profitability that remains under analyst scrutiny. Institutional investors’ stakes remain modest, with hedge funds accounting for just over 1% of total ownership, underscoring mixed market sentiment during a period of heavy R&D investment.