Benzinga | Nov 12, 2021 08:31AM EST

Embraer, multiSIM Collaborate To Develop Innovative Technologies Training Solutions; Terms Not Disclosed

Embraer ((B3: EMBR3, NYSE:ERJ) and multiSIM, a Netherlands-based startup company which develops simulators for collaborative crew training based on a highly scalable software framework, signed recently a Memorandum of Understanding (MoU) to discuss a potential partnership for defense and dual-use training solutions.

The potential agreement may include joint research, technology development and innovation, for Embraer products and programs. The collaboration with multiSIM follows Embraer global knowledge network strategy based on connection with startups focused on advanced technologies, by creating mutually beneficial partnerships.

In October of 2021, Embraer signed a MOU with Fokker Services and Fokker Techniek to explore opportunities for a broad range of activities in the Defense, Commercial and Support markets, looking to leverage their respective expertise and capabilities in new projects.

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