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 and generating socioeconomic benefits for Brazil, through innovation, science and technology,” said Henrique Langenegger, Chief Engineer, Embraer.
The project is valued at more than $36 million will receive a non-reimbursable contribution of $24 million) from Finep over the next three years. The remaining funding will come from Embraer and five co-executors, Alltec, Equatorial, Eleb, Motora, and TecCer. The development work will include the creation of ground test benches (RIGs), software, and a remotely operated modular aircraft for real flight testing. The aim of the project is to raise the TRL of new technologies.
Elias Ramos de Souza, Director of Innovation, Finep said: “The project with Embraer establishes a type of arrangement between the executors that offers great potential for innovation. It is a model to be followed in several areas to solve technological orders led by anchor companies, and one that involves partnerships with companies of various sizes and Institutes of Science and Technology.”