Eve Air Mobility

CAE operates a business jet training division with Eve's parent company Embraer

Embraer offshoot will receive a further loan of $88 million

Embraer is one of a few established aerospace manufacturers investing in eVTOL tech

Some competitors are running low on cash, and some big dark horses await their moment

In the same week, rival Archer raised $55 million from existing backer Stellantis

KRD, Latecoere, RALLC, and Alltec sign supplier agreements

Mukamalah Aviation plans to add Joby's eVTOL aircraft to its fleet

With a new CEO in place, supplier selections will be announced later this year

AirX plans eVTOL charter flights and sightseeing tours in Tokyo

Eve showcases eVTOL mockup and virtual reality flight experience