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 knowledge and recognize entrepreneurs who generate businesses with exponential growth potential and high-value creation for society.”
Giovani Amianti, Founder and CEO of XMobots, said: “This engagement results in innovations such as service provider platforms with drones, hybrid propulsion and power technologies, the artificial intelligence of image analysis, and especially in aeronautical certifications. With this investment, we will be able to walk together in the development of technologies that will consolidate autonomous aerial robots and accelerate solutions for the Geotechnology, Agro, Environmental, Inspection, Defense and Public Security, Logistics, and Urban Mobility markets that are points of convergence between XMobots and Embraer.”
The conclusion is subject to accomplishment conditions and obtaining the usual approvals for this type of transaction. The deal aims to accelerate the future of the medium and large autonomous drone market and jointly explore new market niches.