Eve (EVEX) said Monday that its engineering prototype for its electric vertical takeoff and landing aircraft has completed its first partial transition flight.
The aerospace company said the flight lasted 3 minutes and 9 seconds, travelled approximately 0.84 nautical miles, and reached a maximum height of 90 feet above ground level.
Eve said it plans to conduct datalink testing to validate radio link performance and support operations at speeds up to 50 knots following the flight test.
Shares of Eve were up 3% pre-bell Monday.
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