# 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.

- Type: Acquisition
- Announced: 2023-10-05
- Where: United States
- Status: completed
- Products: electric propulsion systems for aeronautical usage, eVTOL and fixed-wing aircraft propulsion
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

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

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1355444/000129281423004100/erj20231005_6k.htm), 2023-10-05: "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."

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