AAER Inc. has announced that it has reached a licensing agreement with EUROS Entwicklungsgesellschaft fur Windkraftanlagen mbH (EUROS) allowing it to manufacture blades using EUROS' technical specifications.

AAER will use the blades in the assembly of its wind turbines. Under the open-ended contract, Euros engineers will provide staff training, initial production supervision and quality control. This agreement completes our technology portfolio and will allow us to start production and assemble our first wind turbine in 2008 as planned, said Dave Gagnon, President and CEO of AAER.