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Embraer and AICAT sign MoU to strengthen cooperation in Austrian aerospace industry

written by Newsdesk | April 22, 2024

Embraer and AICAT sign MoU to strengthen cooperation in Austrian aerospace industry

Embraer, the Brazilian aerospace company, and AICAT (Austrian Industrial Cooperation & Aviation Technology) have signed a Memorandum of Understanding (MoU) to enhance international cooperation in the aerospace sector.

The MoU, signed on April 18, 2024, at Embraer’s headquarters in São José dos Campos, Brazil, aims to strengthen Embraer’s existing relationships in Austria while exploring new opportunities for joint research, technology development, and contributions from the Austrian ecosystem to the supply chain of Embraer aircraft programs.

AICAT, an organization that is part of the Austrian Federal Economic Chamber (WKO), represents the entire aviation technology community in Austria, which consists of approximately 100 companies, mostly SMEs, that position themselves in the supply chain.

Reinhard Marak, CEO of AICAT, said, “For AICAT, an association representing about 100 Austrian aviation companies most of which are SMEs and position themselves in the supply chain, an intensified cooperation with Embraer underpinned by an MoU is a great opportunity and will help both, Embraer and the Austrian Aeronautical sector, creating a more structured collaboration for their mutual benefit.”

Marcio Monteiro, Market Intelligence Vice-President, Embraer Defense & Security, emphasized the long-term relationship between Embraer and Austria, stating, “Embraer and Austria have been building a long-term relationship for many years, and this partnership will continue to advance with the new Memorandum of Understanding. We thank AICAT, the companies, and the Austrian government representatives for this important step in our partnership.”

Following the MoU signing ceremony, representatives from Austrian aerospace companies and the Austrian Government met with Embraer specialists in various technologies to explore potential cooperation opportunities.

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The collaboration between Embraer and AICAT is expected to benefit both parties by fostering a more structured partnership and contributing to the growth of the Austrian aerospace industry.

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