Innovation focused on AI and factory modernization for 5G at Positivo

Inovação com foco em IA e modernização fabril para 5G da Positivo

Country

Brazil

State / City

Manaus; Ilhéus; Curitiba

Posted date

2024-02-08
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The National Bank for Economic and Social Development (BNDES) announces a financing of R$ 330 million to Positivo Tecnologia S.A. for two strategic projects of the company in the coming years. With an emphasis on product, service, and solution innovation – incorporating artificial intelligence (AI) and cybersecurity resources – and on modernizing productive capacity, the operation aims to support the company's innovation plan and prepare the manufacturing units for the growing demand for 5G technology, with a forecast of 274 qualified jobs generated in the country, in the areas of production, engineering, and research. The financing includes investments in the company's innovation plan in R&D for digital transformation and operational efficiency and mainly for the updating and development of technological products, services, and solutions, with the incorporation of the most modern AI techniques and cybersecurity.

Instrument

Loan & Loan Guarantees
Financial Contribution (General)

Purpose

Investment promotion
Innovation
Job promotion
Sectoral development

Agency

Banco Nacional de Desenvolvimento Econômico e Social (BNDES)

Sector

Cross-sectoral

Data+Law uuid

BRA_03799_Grant

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