Embraer-X announces partnership with Greentown Labs, the largest climatetech incubator in North America

Austin, TX, March 12, 2024 - Embraer-X and Greentown Labs today announced a new partnership focused on mobilizing climate solutions and accelerating the future of sustainable aviation. The announcement was made during a series of panels featuring industry leaders at South by Southwest (SXSW) 2024, a premier event for creativity and innovation.

Greentown, the largest climatetech incubator in North America, shares the same sustainability principles as Embraer-X and aims to catalyze climate solutions through entrepreneurship, partnership, and collaboration.

Through Greentown and Embraer-X's Megawatt Partnership, Embraer-X will have the opportunity to engage deeply with the incubator's more than 200 startups and will gain access to curated, customized 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 Daniel Moczydlower, CEO of Embraer-X.

Acting as a market accelerator, Embraer-X has access to novel businesses and innovative solutions, and promotes collaboration with innovation hubs, co-investors, and partners in alignment with aviation industry goals and objectives.

"Greentown is thrilled to partner with Embraer-X, which is on the leading edge of reducing aviation emissions, which represent both a major climate challenge and opportunity for innovation," said Greentown CEO and President Kevin Knobloch. "We look forward to Embraer-X engaging with our startups that are developing solutions for sustainable aviation-and to the positive results that come from those exciting collaborations."

Based in Somerville, Massachusetts, and Houston, Texas, Greentown convenes and connects the climatetech ecosystem-including startups, corporate leaders, investors, and others-to rapidly scale climate technologies.

Photo: Embraer DAM (bynder.com)

About Embraer-X

Embraer-X is an Embraer incubator and market accelerator specialized in disruptive innovation, always connected and in partnership with the global innovation ecosystem. Headquartered in the USA, with offices in Brazil and the Netherlands, its objective is to structure new high-return businesses to expand Embraer's global market, combining agility and adaptability with expertise in complex solutions to leverage the multimodal and integrated mobility ecosystem.

About Greentown Labs

Greentown Labs is a 501(c)(3) nonprofit catalyzing climate solutions through entrepreneurship, partnership, and collaboration. As the largest climatetech startup incubator in North America, Greentown brings together startups, corporates, investors, policymakers, and others with a focus on scaling climate technologies. Driven by the mission of providing startups the community, connections, and resources they need to thrive, Greentown offers lab space, shared office space, machine shops, electronics labs, tool shops, software and business resources, and a large network of corporate customers, investors, and more. With incubators in Somerville, Mass. and Houston, Texas, Greentown is home to more than 200 startups and has supported more than 500 since the incubator's founding in 2011. These startups have collectively created more than 11,000 jobs and raised more than $5.7 billion in funding. For more information, visit www.greentownlabs.com or follow Greentown on LinkedIn.

Greentown Media Contact

Julia Travaglini

Senior Vice President of Marketing & Communications [email protected]

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