Embraer signed of an investment agreement to acquire a minority shareholding in XMobots, the largest drone company in Latin America with operations in São Carlos, in the countryside of São Paulo. The deal aims to accelerate the future of the medium and large autonomous drone market and jointly explore new market niches. It also seeks to expand the collaboration network in the research of new technologies that have synergies within the areas of technological development, Embraer's business, and innovation, as well as Embraer-X.
Daniel Moczydlower, Head of Innovation at Embraer and President and CEO of Embraer-X, commented: “Our investment strategy and venture capital operations have a strong emphasis on innovation and partnerships, which are pillars of our growth plan for the coming years. Initiatives like this are fundamental to leverage ecosystems, expand knowledge and recognize entrepreneurs who generate businesses with exponential growth potential and high-value creation for society.”
With an engaged and creative team, XMobots was born with the mission to develop the mobile robot market and helped make drones a daily reality for the Precision Agriculture and Geotechnology markets in Brazil and Latin America.
Giovani Amianti, Founder and CEO of XMobots, said: “This engagement results in innovations such as service provider platforms with drones, hybrid propulsion and power technologies, artificial intelligence of image analysis, and especially in aeronautical certifications. With this investment, we will be able to walk together in the development of technologies that will consolidate autonomous aerial robots and accelerate solutions for the Geotechnology, Agro, Environmental, Inspection, Defense and Public Security, Logistics and Urban Mobility markets that are points of convergence between XMobots and Embraer.”
Once the transaction is complete, the companies aim to work together to create memorandums of understanding related to operations in the Civilian and Defense & Security markets. The partnership is supported by Embraer's more than 50 years of history and experience in developing, certifying, manufacturing, marketing aircraft and providing after-sales services.
Daher Aircraft will present its TBM and Kodiak aircraft families at next week’s NBAA Business Aviation Convention & Exhibition (NBAA-BACE), showcasing how their combination of performance, e...
Qantas Freight and Australia Post have entered the next chapter of their long-standing partnership with the arrival of the first of three additional Airbus A321 Passenger-to-Freighter (A321P2F) aircra...
In business aviation, exceptional service is defined by attention to detail, and few amenities reflect that more clearly than premium catering. At the intersection of hospitality and private aviation,...
Piaggio Aerospace will return to NBAA-BACE this October, bringing its flagship P.180 Avanti EVO to one of the most important gatherings of the global business aviation community while also highlightin...
