Embraer and Nidec complete joint venture Nidec Aerospace

Embraer and Nidec Motor Corporation completed the formation of Nidec Aerospace, LLC, a joint venture to develop and manufacture electric propulsion systems for aeronautical use, including eVTOL and fixed-wing aircraft.

“The transaction between Embraer, its subsidiary Embraer Aircraft Holding, Inc. and Nidec Motor Corporation in connection with the joint venture through the formation of Nidec Aerospace, LLC, was successfully completed on this date.”sec.gov

• 1 source
• sec.govEMBRAER S.A. Form 6-K filed October 6, 2023Oct 5, 2023

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