Embraer to invest US$3.5 billion by 2030 in aerospace innovation
Embraer has announced plans to invest approximately US$3.5 billion by 2030 as part of its growth strategy, focusing on increased aircraft production, global expansion, and the development of sustainable technologies. The announcement was made during the “Mission 6 of the New Industry Brazil (Nova Indústria Brasil/NIB)” event in Brazil, attended by Brazilian President Luiz Inácio Lula da Silva and other officials.
The investment aligns with Embraer’s commitment to advancing a low-carbon economy in the aerospace industry. A key initiative includes the development of electric vertical takeoff and landing vehicles (eVTOL) through its subsidiary, EVE.
Francisco Gomes Neto, President and CEO of Embraer, highlighted the importance of the New Industry Brazil programme, stating: “The partnership with Embraer, and with the entire Defence Industrial Base, will continue to be fundamental to encouraging exports of Brazilian products, as well as the generation of qualified jobs and income, also guaranteeing the mastery of critical technologies aimed at national sovereignty.”
Embraer’s strong collaboration with the government, universities and industry has positioned Brazil as a leader in aerospace innovation. The company has also prioritised workforce development, employing 23,500 people globally, with 18,000 based in Brazil. Its workforce now surpasses pre-pandemic levels, with over 2,500 new jobs created in the past two years. Continuous investment in training and professional qualification programmes ensures a skilled workforce for the future.
This strategic investment reinforces Embraer’s role in strengthening Brazil’s aerospace industry and global competitiveness.
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February 14, 2025 at 11:04AM
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Heike Tamm