Japan’s Nidec Corporation and Brazil’s Embraer today announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder “JV”), to develop Electric Propulsion Systems for the aerospace sector. The transaction combines the complementary synergies and distinct areas of expertise of two world-class engineering companies to spearhead a new era of air mobility. #PAS2023 #ParisAirshow23
#Nidec #Embraer #announce #joint #venture #agreement
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