Nidec Corporation and Embraer have established a joint venture, Nidec Aerospace LLC, to develop Electric Propulsion Systems aimed at advancing sustainable aviation solutions.
Information on the Target
Nidec Corporation, headquartered in Kyoto, Japan, is a leading global manufacturer of electric motors and related systems, offering a diverse range of products that includes motors of various sizes for numerous applications across sectors such as IT, automation, automotive, and environmental technology. Embraer, based in Brazil, is a prominent player in the aerospace industry with a history that spans over 50 years, focusing on commercial and executive aviation as well as defense and agricultural solutions. Together, these two companies are launching a joint venture called Nidec Aerospace LLC, aimed at developing advanced Electric Propulsion Systems tailored for the aerospace sector.
The newly formed joint venture, Nidec Aerospace LLC, will primarily focus on creating innovative propulsion systems for Electric Vertical Take-Off and Landing (eVTOL) vehicles. The partnership aims to leverage the combined expertise and resources of both companies to promote greener aircraft technologies and enhance urban air mobility solutions worldwide, ultimately contributing to sustainability in aviation.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Brazil
The aerospace industry in Brazil is robust and diverse, characterized by its significant contributions to both commercial and defense sectors. Embraer stands as the leading manufacturer of commercial jets with capacities of up to 150 seats, positioning itself as a c
Similar Deals
Nidec Corporation
invested in
Embraer
in 2023
in a Joint Venture deal