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Monday, July 13, 2026

Business - Brazil Rio de Janeiro

Embraer Wants Brazil to Lead the Flying Car Market

By · April 20, 2019 · 2 min read

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By Xiu Ying, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Common parts in science fiction films and cartoons, flying cars are becoming closer to reality. Brazil wants to lead the development of this segment in the world, according to executives from Embraer’s Atech subsidiary, present at the 12th LAAD Defense & Security.

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“We are already anticipating, preparing a vision and a concept of how we will be able to see the future of the future. It will be air traffic. This is what our project will be”, stated Marcos Resende, director of technology at Atech.

At a press conference at the most important defense and security trade show in Latin America, held in April in Rio de Janeiro, representatives of the company revealed details involving eVTOL.

“In Brazil, specifically, there are large metropolitan areas with very great potential to develop urban mobility solutions discussed. São Paulo and Rio de Janeiro have huge traffic problems and bottlenecks. There is great potential for it to develop here”, explained Atech’s president Edson Mallaco.

Embraer's flying car eVTOL will be similar to a helicopter, powered by electricity and will have vertical takeoff and landing.
Embraer’s flying car eVTOL will be similar to a helicopter, powered by electricity and will have vertical takeoff and landing.
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Embraer’s flying car, eVTOL is being developed by another segment of the Brazilian company, Embraer X, and has had its first sketches shown earlier this year at the South By Southwest (SXSW) innovation festival in the United States. By the concept disclosed, the vehicle will be similar to a helicopter, powered by electricity and will have vertical takeoff and landing.

According to business development director David Rottblatt, Embraer X also began conversations with more than five Asia-Pacific regulators, starting with Singapore, late last year to better understand the UAM environment and expectations of the region.

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Rio Times · Live Ticker Intelligence
Embraer SA ADR
EMBJ3 · B3 São PauloIndustrialsAerospace & Defense
Share price · live
$84.60
▲ +0.88% today
Market cap
$12.3 bn
183.4 mn shares
P / E
37.7
EPS 1.71
Dividend yield
0.1%
$0.07 / share
The company
Employees
20,923
Headquarters
São Paulo
Listed since
2000
Website

Embraer S.A., together with its subsidiaries, designs, develops, manufactures, and sells aircraft and systems worldwide. It operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment develops, produces, and sells commercial jets. Its Defense & Security segment…

Financial performance · FY · BRL
RevenueNet income
2022
R$4.5 bn
−R$185.4 mn
2023
R$5.3 bn
R$164.0 mn
2024
R$6.4 bn
R$352.5 mn

Net income rose to R$352.5 mn in 2024, from R$-185.4 mn in 2022.

Valuation & returns
EBITDA margin
10.2%
Net margin
5.4%
Return on equity
11.3%
Price / book
3.24
Enterprise value
$12.3 bn
Revenue growth · YoY
+30.9%
Latest earnings
Q4 2025 — reported EPS 0.00 vs 0.76 expected
Missed −100%
Peers & comparators
EMBRAER ADR
▲ +0.72%
WEGE3
▲ +1.68%
LATAM AIR · LATAM Airlines
▼ -0.53%
Data: EODHD Fundamentals & live feed · The Rio Times Ticker Intelligence

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