Embraer intends to invest US$ 3.5 Billion by 2030
Source: Embraer Embraer, a global leader in the aerospace industry, announced its plans to invest approximately US$ 3.5 billion by 2030 during the ceremony for "Mission 6 of the New Industry Brazil (Nova Indústria Brasil/NIB) - Technologies of interest for national sovereignty and defense," held in Brasília. The event was attended by Brazil’s President, Luiz Inácio Lula da Silva, Vice President Geraldo Alckmin, and other authorities. The investment forecast aligns with the company’s recent practices and Embraer’s growth plan for the next five years, which includes increased aircraft production, business expansion in international markets, and the development of sustainable technologies, with the goal of a low-carbon economy in the aerospace industry. One highlight is the eVTOL (electric vertical takeoff and [...]