Boeing–Embraer joint venture

Bit Digital, Inc. Announces Formation of a Joint Venture With Mega Matrix Corp. to Provide Digital Asset Staking Technology

Retrieved on: 
Tuesday, March 7, 2023
Ethereum, Digital, NYSE, Wahaha Joint Venture Company, Joint venture, Good, Boeing–Embraer joint venture, Capital, ETH, MPU, Agreement, Database, Joint, Safety, Cryptocurrency

Ltd., the joint venture company (the "Joint Venture Company"), to jointly develop proof-of-stake technology tools for digital assets through the staking platform "MarsProtocol", an institutional grade non-custodial staking technology (the "Joint Venture").

Key Points: 
  • Ltd., the joint venture company (the "Joint Venture Company"), to jointly develop proof-of-stake technology tools for digital assets through the staking platform "MarsProtocol", an institutional grade non-custodial staking technology (the "Joint Venture").
  • Pursuant to the Agreement, Bit Digital will own 40% of the Joint Venture Company.
  • Sam Tabar, Chief Strategy Officer of Bit Digital, said: "We are excited to partner with Mega Matrix to jointly explore the digital asset staking technology business.
  • Our intention for this Joint Venture is to provide world class digital asset staking technology.

Embraer Earnings Results 4th Quarter And Fiscal Year 2020

Retrieved on: 
Friday, March 19, 2021
Embraer, Transport, Business jet, Human activities, Aviation, Boeing–Embraer joint venture

SO PAULO, March 19, 2021 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Fourth Quarter 2020 and Fiscal Year 2020 Earnings Results.

Key Points: 
  • SO PAULO, March 19, 2021 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Fourth Quarter 2020 and Fiscal Year 2020 Earnings Results.
  • Embraer delivered 28 commercial jets and 43 executive jets (23 light / 20 large) in 4Q20, and in 2020 delivered 44 commercial jets and 86 executive jets (56 light / 30 large).
  • Embraer's net debt position at the end of 2020 was US$ 1,695.7 million;
    Due to continued uncertainty related to the COVID-19 pandemic and its impacts on the industry, the Company has decided to not publish 2021 financial and delivery guidance at this point.
  • in millions of U.S dollars, except % and earnings per share data

Boeing-Embraer Strategic Partnership Taking Shape

Retrieved on: 
Thursday, October 3, 2019
Boeing, Companies, Embraer, Aviation, Aircraft manufacturers, Boeing–Embraer joint venture, Competition between Airbus and Boeing

Boeing will own 80 percent of the new company, to be named Boeing Brasil Commercial.

Key Points: 
  • Boeing will own 80 percent of the new company, to be named Boeing Brasil Commercial.
  • Following a detailed assessment by the U.S. Federal Trade Commission, the parties' strategic partnership has received clearance to close in the United States.
  • Under the terms of the proposed partnership, Embraer will own a 51 percent stake in the joint venture and Boeing will own the remaining 49 percent.
  • The comprehensive Boeing-Embraer strategic partnership, embodied through these two joint ventures, will position the companies to compete in the global marketplace, to deliver greater value to customers, and to boost the Brazilian aerospace industry as a whole.