Embraer signs $36 million project with Finep to develop aeronautical technologies

Embraer has signed a deal with Financiadora de Estudos e Projetos (Finep) to develop aeronautical technologies with a focus on costs and risks associated with low and medium Technology Readiness Level (TRL) research and development. Financiadora de Estudos e Projetos (Finep) is a government agency that promotes the country’s social and economic development through public funding for science, technology, and innovation. “We are very happy to continue our long-standing partnership with Finep and to be able to contribute to the advancement of technologies and the spillover of knowledge to other sectors of the Brazilian economy, advancing the planet’s decarbonization agenda