03:20 PM EDT, 03/25/2026 (MT Newswires) -- Eve (EVEX) said Wednesday it flew a full-size electric vertical takeoff-and-landing test model for government officials in Brazil.

The aircraft has finished 35 flights and logged almost 1.5 hours of operation time since December 2025, reaching a 140-foot altitude, the company said.

Initial findings show efficiency improvements with propulsion alongside battery execution exceeding early estimates, while noise levels stayed within forecasts, Eve said.

Shares of the company were up about 6% in Wednesday trading.

Price: 2.65, Change: +0.16, Percent Change: +6.22