Embraer has signed an investment agreement to acquire a minority shareholding in XMobots. The transaction will be made via an investment fund in which Embraer is the sole partner, with an additional investment option in the future. XMobots is the largest drone company in Latin America with operations in São Carlos. Daniel Moczydlower, Head of Innovation at Embraer and President and CEO of Embraer-X, said: “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
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