The news was revealed during a series of panels with industry leaders at South by Southwest (SXSW) 2024, a premier event for creativity and innovation.
Embraer-X, the incubator and market accelerator of Brazilian company Embraer, and Greentown Labs, the largest climate technology incubator in North America, announced this Tuesday a new partnership focused on mobilizing climate solutions and accelerating the future of sustainable aviation.
The announcement was made during a series of panels with industry leaders at South by Southwest (SXSW) 2024, a premier event for creativity and innovation.
Greentown shares the same sustainability principles as Embraer-X and aims to catalyze climate solutions through entrepreneurship, partnership and collaboration.
Through Embraer-X's Greentown and Megawatt Partnership, Embraer-X will have the opportunity to deeply engage with the incubator's 200+ startups and gain access to tailored events.
"We are continuously expanding our global open innovation initiatives, and partnering with Greentown Labs represents another important step in the aviation industry's collaborative effort to connect people willing to forge new paths that positively impact our world," said Embraer-X's executive director, Daniel Moczydlower.
Acting as a market accelerator, Embraer-X has access to innovative businesses and innovative solutions, and promotes collaboration with innovation centers, co-investors and partners in alignment with the goals and objectives of the aviation industry.
Meanwhile, Greentown CEO and President Kevin Knobloch explained that Greentown is delighted to partner with Embraer-X, which is at the forefront of reducing aviation emissions, which represents both a significant challenge, as well as an opportunity for innovation.
"We hope that Embraer-X interacts with our new companies that are developing solutions for sustainable aviation and the positive results that arise from these interesting collaborations," he said.
Headquartered in Somerville, Massachusetts, and Houston, Texas, Greentown brings together and connects the climate technology ecosystem (including startups, corporate leaders, investors, and others) to rapidly scaling climate technologies.
