# Nidec and Embraer form joint venture Nidec Aerospace for electric propulsion

Nidec Corporation and Embraer announced a joint venture, Nidec Aerospace LLC, to develop and manufacture electric propulsion systems for eVTOL and other aircraft. Nidec owns 51%, Embraer 49%. Headquarters will be in St. Louis, Missouri, USA.

- Type: Partnership
- Announced: 2023-06-17
- Where: St. Louis, Missouri, United States
- Status: announced
- Products: electric propulsion systems, eVTOL propulsion
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Nidec Aerospace LLC](https://endata.com/companies/70895.md)
- [Nidec](https://endata.com/companies/1321.md) (partner)
- [Nidec Motor Corporation](https://endata.com/companies/5791.md) (partner)
- [Embraer](https://endata.com/companies/23129.md) (partner)

## Sources

- [acim.nidec.com](https://acim.nidec.com/en-US/motors/News-And-Media/Press-Releases/Nidec-and-Embraer-announce-joint-Aerospace-venture-agreement), 2023-06-17: "The JV aims to unlock new opportunities by providing an agnostic portfolio of products and services worldwide, driven initially by the growth of the Urban Air Mobility (UAM) industry."
- [acim.nidec.com](https://acim.nidec.com/de-DE/motors/News-And-Media/Press-Releases/Nidec-and-Embraer-announce-joint-Aerospace-venture-agreement), 2023-06-17: "The JV aims to unlock new opportunities by providing an agnostic portfolio of products and services worldwide, driven initially by the growth of the Urban Air Mobility (UAM) industry."
- [reuters.com](https://www.reuters.com/business/nidec-form-joint-venture-with-brazils-embraer-make-flying-car-parts-2023-06-17/), 2023-06-17: "Nidec said on Sunday that it is teaming up with Brazilian firm Embraer to form a new company that will make parts for flying cars and be set up in the United States."
- [defence-industries.com](https://www.defence-industries.com/pressreleases/nidec-and-embraer-announce-joint-venture-agreement), 2023-06-20: "Technological innovation will be a key contributor to the International Civil Aviation Organization (ICAO)’s commitment to carbon neutrality by 2050."
- [milbank.com](https://www.milbank.com/en/news/milbank-advised-embraer-in-its-joint-venture-with-nidec-to-develop-and-manufacture-electric-propulsion-systems.html), 2023-06-20: "The Framework Agreement establishes the terms and conditions for the establishment of a newly formed company named Nidec Aerospace, LLC for the joint development and manufacture of electric propulsion systems for aeronautical usage"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.