The Brazilian startup, which is a subsidiary of aerospace giant Embraer, unveiled the full-scale prototype of its new electric vertical takeoff and landing (eVTOL) aircraft at the 45th Farnborough Airshow in the U.K. on Sunday.

The battery-powered vessel is equipped with two electric motors, eight dedicated propellers for vertical flight, and fixed wings to cruise the skies. The prototype won't carry passengers or a pilot and will be flown remotely during the upcoming tests. The final aircraft will carry four passengers and a pilot, with an estimated range of 60 miles (100 km) making it especially suited to inner city commuting. Eve has not yet shared details regarding expected speeds or flight times.

"Our global team of engineers has shown exceptional dedication and expertise to successfully assemble our first full-scale eVTOL prototype," CEO of Eve Air Mobility Johann Bordais said in a statement. "This is a significant milestone that underscores our commitment to safety, accessibility, and innovation."

In addition to rolling out the prototype, Eve announced it selected all primary suppliers for the production aircraft. Diehl Aviation will be the designer and producer of the interior, while ASE will provide the power distribution system. The startup also shared that it has secured an additional $94 million in funding from multiple investors, meaning it will have enough money to push the eVTOL through the next stage of development and certification.

Eve expects to fly the prototype by the end of this year or early 2025, after which it will embark on several comprehensive testing campaigns to assess safety and performance. "As we now turn our attention toward the preparation of a rigorous testing campaign, we are not just creating an aircraft, we're building a comprehensive ecosystem of solutions that will shape the future of the Advanced Air Mobility industry," added Bordais.