Embraer announced an agreement with Uber to explore an ecosystem dubbed Uber Elevate Network that could allow the development and deployment of small electric vertical take-off and landing vehicles (VTOLs) for urban commutes.

The announcement was made April 25 during the Uber Elevate Summit in Dallas.

"We firmly believe we need to explore several new business concepts that may impact air transportation in the future," said Paulo Cesar de Souza e Silva, Embraer's CEO in a statement. "This is a unique opportunity to complement the air transport knowledge of a visionary and revolutionary ground transport company."

Embraer manufactures commercial jets up to 130 seats. "Their knowledge of certifying fly-by-wire aircraft, and their confidence that they can similarly bring fly-by-wire technology affordably to these much smaller aircraft is an essential ingredient for our success," said Mark Moore, Uber's director of engineering for Aviation.