U.S. markets close in 1 hour 36 minutes
  • S&P 500

    3,683.78
    +98.16 (+2.74%)
     
  • Dow 30

    29,530.41
    +804.90 (+2.80%)
     
  • Nasdaq

    10,831.65
    +256.03 (+2.42%)
     
  • Russell 2000

    1,704.82
    +40.10 (+2.41%)
     
  • Crude Oil

    83.67
    +4.18 (+5.26%)
     
  • Gold

    1,705.20
    +33.20 (+1.99%)
     
  • Silver

    20.70
    +1.66 (+8.72%)
     
  • EUR/USD

    0.9807
    +0.0006 (+0.06%)
     
  • 10-Yr Bond

    3.6510
    -0.1530 (-4.02%)
     
  • GBP/USD

    1.1294
    +0.0128 (+1.15%)
     
  • USD/JPY

    144.6780
    -0.0510 (-0.04%)
     
  • BTC-USD

    19,597.60
    +423.94 (+2.21%)
     
  • CMC Crypto 200

    445.54
    +10.19 (+2.34%)
     
  • FTSE 100

    6,908.76
    +14.95 (+0.22%)
     
  • Nikkei 225

    26,215.79
    +278.58 (+1.07%)
     

Embraer unit Eve seeks Brazilian certification for electric aircraft

·1 min read

SAO PAULO, Feb 10 (Reuters) - Brazilian planemaker Embraer SA said on Thursday its subsidiary Eve has officially asked the country's civil aviation regulator ANAC to certify its electric vertical take-off and landing (eVTOL) aircraft.

Embraer said in a securities filing the move showed Eve's commitment to developing the eVTOL project and pursuing the required certification.

Eve, which already has an order pipeline of more than $5 billion for its electric aircraft, is expected to start trading on the New York Stock Exchange in the second quarter of 2022.

"The certification process aims to achieve the best safety standards for the eVTOL to access global markets... There is a lot of work to be done concerning the aircraft technology and the definition of an entire ecosystem," ANAC's superintendent Roberto Honorato said.

Embraer and ANAC did not provide a timeframe for the regulator's analysis. (Reporting by Gabriel Araujo Editing by Bernadette Baum)