Heavily focused on the VTOL development. We continue to accelerate the VTOL development. We're going to start to fly the VTOL, do several flight tests. In parallel, we are working on the conforming vehicles to start the official flight test campaign in 2026. So, you know, basically it's still more heavily loaded on the R&D, on the development of the eVTOL. Of course, this year we may start to invest on the facility, on the production facility. We may spend around $30 million on that. But overall, it's still, as I said, more eVTOL development as we are bringing even more engineers from Embraer. Now I think we are around 800 engineers at Embraer, another 200 people at EVE. We have around 1,000 people working in the program.

Mar 11, 2025 / receipt, needs a key / Eduardo Bocoto, CFO | earnings call 2025-03-11 | transcript c516ca8a-efc6-4913-bb97-43006e1921b8 | chars 14894-15625 | segment 15

Travel expenses increased primarily due to a change in cost allocation methodology, whereby certain travel costs were recorded separately as reimbursements during the second quarter of 2026, whereas in the second quarter of 2025 these costs were included in engineering services invoices.

filing / Aug 4, 2026 / receipt

Leases The Company has entered into agreements with Embraer to lease corporate office space and other facilities, including a site expected to be used to develop the Company’s manufacturing facility for eVTOL production.

filing / Aug 4, 2026 / receipt

Leases The Company has entered into agreements with Embraer to lease corporate office space and other facilities, including a site expected to be used to develop the Company’s manufacturing facility for eVTOL production.

filing / May 5, 2026 / receipt

Net cash used by operating activities increased $ 43.2 million for the three months ended March 31, 2026 , primarily a result of increased net losses due to advancement of the R&D programs and increased headcount, offset by the impact of change in non-cash activity.

filing / May 5, 2026 / receipt

Starting to capture synergies with Embraer and suppliers plus cost savings

ir_statement / Sep 15, 2026 / receipt

Starting to capture synergies with Embraer and suppliers plus cost savings

ir_statement / Sep 15, 2026 / receipt