Latest news with #BadrAl-Olama
Business Wire
02-07-2025
- Business
- Business Wire
Archer Begins Test Flights in Abu Dhabi
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)-- Archer (NYSE: ACHR) today announced the successful completion of an initial flight of its Midnight aircraft at Al Bateen Executive Airport in Abu Dhabi, marking a key milestone for its planned commercial deployment in the UAE and the expansion of its operations in the Middle East region. With the support of the Smart and Autonomous Systems Council (SASC), the flight was witnessed by senior leadership from the UAE General Civil Aviation Authority (GCAA), the Abu Dhabi Investment Office (ADIO), the Integrated Transport Centre, Abu Dhabi Aviation and Abu Dhabi Airports, along with representatives from Archer's regional partners. Focused on evaluating the aircraft's VTOL performance in UAE-specific conditions including temperature, humidity and dust exposure, the test flight allows Archer to validate readiness for commercial deployment. Following this milestone, Archer will expand its flight-testing program for Midnight in the region, gathering additional data to support its certification and commercialization plans in both the UAE and other key markets. 'This flight marks a significant step towards realising Abu Dhabi's ambition to lead the world in advanced urban air mobility,' said H.E. Badr Al-Olama, Director General of the Abu Dhabi Investment Office. 'Through the Smart and Autonomous Vehicles Industry (SAVI) Cluster, we are enabling companies like Archer to test, certify and scale next-generation air mobility solutions, reinforcing our position as a global launchpad for innovation and a hub for transformative technologies.' 'Our initial test flight operations in the UAE represent a critical milestone as we prepare for our commercial deployment in Abu Dhabi,' said Adam Goldstein, CEO and Founder of Archer Aviation. 'Testing our aircraft in actual operating conditions in the middle of summer provides us with the data we need to progress our commercial and certification efforts both in the UAE and in the U.S.' The test flight supports Archer's Launch Edition commercialization program with Abu Dhabi Aviation, which aims to establish air taxi services in Abu Dhabi. The announcement comes as Archer continues to advance its certification and commercialization efforts in the UAE and beyond, building on recent achievements including regulatory design approval for the UAE's first hybrid heliport at Abu Dhabi Cruise Terminal and ongoing partnerships with leading regional operators. The Launch Edition program represents Archer's approach to establishing commercial operations in key early adopter markets. Abu Dhabi's role as Archer's first Launch Edition market positions the emirate as a global leader in urban air mobility deployment, demonstrating Abu Dhabi's commitment to innovative transport and sustainable mobility solutions. About Archer Archer is designing and developing the key enabling technologies and aircraft necessary to power the future of aviation. To learn more, visit Forward-Looking Statements This press release contains forward looking statements regarding Archer's future business plans and goals, including statements regarding the development, flight testing, commercialization, and certification of its aircraft and the plans for its 'Launch Edition' program. In addition, this press release refers to a partnership that is conditioned on the future execution by the parties of additional binding definitive agreements incorporating the terms outlined in the memorandum of understanding, which definitive agreements may not be completed or may contain different terms than those set forth in the framework agreement. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. The risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in Archer's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, available at In addition, please note that any forward-looking statements contained herein are based on assumptions that Archer believes to be reasonable as of the date of this press release. Archer undertakes no obligation to update these statements as a result of new information or future events.
Al Etihad
23-06-2025
- Business
- Al Etihad
ADIO, ADPIC strategic partnership to advance PPP delivery in Abu Dhabi
23 June 2025 17:37 ABU DHABI (WAM) The Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) have signed a strategic partnership agreement to establish a collaborative operating model that supports the planning, structuring, and procurement of public-private partnerships (PPPs) for infrastructure projects across the by the Chairman of the Abu Dhabi Department of Economic Development (ADDED) and ADIO, Ahmed Jasim Al Zaabi, and the Chairman of the Department of Municipalities and Transport, the agreement was signed by Badr Al-Olama, Director-General of ADIO, Mohamed Ali Al Shorafa, and the Director-General of ADPIC, Eng. Maysarah Mahmoud Eid, during the Abu Dhabi Infrastructure Summit (ADIS) partnership introduces a unified operating model that connects the pipeline of infrastructure projects with seamless transaction execution. This integrated approach is designed to improve coordination, enable the early identification of PPP opportunities, streamline approval processes, and embed stronger accountability and governance throughout the project aligning ADPIC's mandate as the coordinating body for Abu Dhabi's infrastructure pipeline with ADIO's expertise in investor attraction, deal structuring, and infrastructure finance, the partnership creates an effective, faster, and more efficient framework for the delivery of capital said, 'This strategic partnership between ADIO and the Abu Dhabi Projects and Infrastructure Centre will contribute to attracting private capital to actively participate in the implementation of high-quality strategic infrastructure projects in the Emirate of Abu Dhabi. It also supports efforts aimed at providing an attractive and reliable investment environment for investors and empowers government entities to efficiently execute their projects and achieve their objectives.'Eid said, "This collaboration reflects our commitment to reimagining how infrastructure is delivered across Abu Dhabi. Public-private partnerships have the potential to unlock greater impact when guided by a clear, coordinated, and future-focused framework. Together with ADIO, we are enabling a more responsive model that connects ambition with delivery, supporting government entities, attracting trusted partners, and ultimately creating lasting value for our communities."Effective immediately, the agreement will be governed by a unified framework of joint performance indicators and scheduled inter-agency builds on Abu Dhabi's expanding track record of infrastructure partnerships, including a collaboration with the Abu Dhabi Department of Education and Knowledge to deliver three modern schools in Zayed example includes a project to install energy-efficient LED lighting across Abu Dhabi roads, implemented in partnership with the Department of Municipalities and Transport. This project will be the first initiative of its kind to be delivered through a public-private partnership model for road lighting in the GCC. As the central authority for enabling investment and delivering infrastructure partnerships, ADIO continues to lead the development of scalable, high-impact projects that reinforce Abu Dhabi's position as a globally competitive, investor-friendly economy.
Al Etihad
27-05-2025
- Business
- Al Etihad
ADIO partners with Tokyo's Bureau of Industrial and Labour Affairs to boost economic growth
27 May 2025 15:47 ABU DHABI (ALETIHAD)The Abu Dhabi Investment Office (ADIO) and the Tokyo Metropolitan Government's Bureau of Industrial and Labour Affairs have signed a new strategic agreement to support enterprises expanding beyond their domestic partnership will focus on accelerating trade, sharing export strategies and unlocking new market opportunities for SMEs in both countries. By combining Tokyo's industrial expertise with Abu Dhabi's global connectivity, the initiative aims to give growth-stage companies a competitive edge the agreement, ADIO and Tokyo's Bureau of Industrial and Labor Affairs will lead efforts to connect entrepreneurs, exchange industry data and insights, and coordinate on policies that are critical to export success. Designated teams in both Abu Dhabi and Tokyo will work closely to deliver joint activities over the next 12 months, including trade missions, policy dialogues, targeted workshops and business matching Excellency Badr Al-Olama, Director General of ADIO, said, "ADIO's partnership with Tokyo's Bureau of Industrial and Labor Affairs reflects a shared vision that economic resilience begins with entrepreneurs who want to expand globally. Abu Dhabi's long-term growth strategy centres on building partnerships that empower innovation, enable exports and open new global pathways."For Tokyo, the partnership represents its commitment to supporting Japanese SMEs in navigating new markets and adapting to a rapidly evolving global trade Tanaka Shinichi, Director General, Bureau of Industrial and Labor Affairs, Tokyo Metropolitan Government, said, "Abu Dhabi offers an ideal platform for Tokyo-based SMEs aiming to expand their reach into the Middle East and beyond. This strategic partnership with ADIO will create tangible opportunities for export growth, knowledge exchange and deeper commercial ties. It's a timely and strategic step forward that strengthens both economies." In the months ahead, ADIO and the Bureau of Industrial and Labour Affairs will begin implementing the first phase of the agreement, prioritising practical support for exporters, strategic dialogues, and the joint promotion of opportunities aligned with the long-term economic agendas of both governments. Source: Aletihad - Abu Dhabi
Broadcast Pro
21-05-2025
- Business
- Broadcast Pro
Space42 to establish satellite manufacturing hub in partnership with ADIO
The facility, to be named Space42 Space Systems, will localise the design, assembly and testing of SAR satellites used for EO, securing independent access to space-based intelligence for Abu Dhabi. The Abu Dhabi Investment Office (ADIO) has announced the launch of the Middle Easts first dedicated commercial Synthetic Aperture Radar (SAR) satellite manufacturing facility. The project is delivered in partnership with Space42, the UAEs AI-powered space technology company with global reach. The facility, to be named Space42 Space Systems, will localise the design, assembly and testing of SAR satellites used for Earth Observation (EO), securing independent access to space-based intelligence for Abu Dhabi. This marks the first time such capabilities will be developed locally for commercial use, enabling the UAE to produce advanced EO satellites independently and strengthening its sovereign space infrastructure. Revealed during Make it in the Emirates 2025, the project advances ADIOs mission to drive strategic investment into priority sectors, enhancing Abu Dhabis knowledge economy and supporting its transformation into a global hub for advanced manufacturing. Space42 Space Systems will deliver sustainable economic impact and create high-skilled jobs in the advanced industries sector, including a significant number of roles for UAE Nationals, reflecting Abu Dhabis commitment to cultivating a highly skilled local talent base. Additionally, it will directly advance the UAEs Space Strategy 2030 and the UAEs EO Space Programme, designed to build national capabilities in satellite-based remote sensing. His Excellency Badr Al-Olama, Director General of ADIO, said: 'This strategic partnership brings together global capability and national ambition. By enabling transformative companies like Space42 to scale breakthrough technologies here in Abu Dhabi, we are delivering on our mandate to accelerate the emirates economic growth and establish future-ready industries. The transformational project demonstrates Abu Dhabis vision in action, enabling knowledge transfer, advancing critical infrastructure and delivering sustainable economic impact.' Operated by Space42, Space42 Space Systems will oversee the full manufacturing lifecycle, from system design to launch readiness. It advances the companys goal of building sovereign Earth Observation capabilities while anchoring a space ecosystem that can scale globally from Abu Dhabi. Hasan Al Hosani, CEO of Banayat Smart Solutions at Space42, added: 'Bringing commercial satellite manufacturing into the UAE marks a pivotal step in realising Space42s strategy. It enhances our sovereign capability in Earth Observation and strengthens our position as the preferred partner for premium geospatial data. Abu Dhabi is at the centre of this ambition, providing the environment to test, scale and export space-based capabilities that are sovereign at origin and global in application. With ADIO as a partner, we are turning strategic intent into scalable infrastructure and cultivating Emirati talent that will shape the future of this sector.' SAR satellites, capable of capturing high resolution imagery in all weather and light conditions, are vital for national security, environmental monitoring and disaster response. Until now, production of these systems has remained largely concentrated in a handful of international markets. Through this pioneering facility, Abu Dhabi will, for the first time assemble, integrate and test commercial SAR satellites, positioning the emirate at the forefront of the global space economy and reinforcing its status as a centre of excellence for space innovation. The project will be implemented by Space42, established to operate the facility using best in-class technology in systems integration, advanced testing and launch preparation. Beyond manufacturing, the facility will actively support Abu Dhabis strategy to develop a sustainable pipeline of local talent. It will embed robust academic and industry programmes, including internships for UAE nationals, technical lectures, industry site visits and research collaborations with leading Abu Dhabi universities. These initiatives will contribute to developing a national space workforce with hands-on industrial expertise. The new modular facility will manage the complete Assembly, Integration and Testing (AIT) lifecycle, from system design to launch preparation.
Mid East Info
16-05-2025
- Business
- Mid East Info
Qualcomm Technologies Expands its Global Engineering Centers to Abu Dhabi To Spearhead Technological Innovation in AI, Data Centers, and Industrial IoT
Qualcomm Technologies, Inc. unveiled plans to establish a state-of-the-art global Engineering Center in Abu Dhabi that will focus on the development of advanced technologies and spearhead technical innovation in AI. The Qualcomm® Engineering Center will become an integral part of the Qualcomm® Global Engineering hubs working on next-generation technology in industrial IoT, AI and data center solutions to help meet growing local and global demand for high-performance connectivity, power-efficient computing and intelligence. The Qualcomm Engineering Center will also collaborate with Abu Dhabi, UAE-based and global companies to support local strategic initiatives in the region. The center will augment the Company's global engineering capabilities to deliver products and services designed to meet the needs of key industries, including energy, manufacturing, logistics, retail and smart mobility, which are key drivers for economic growth. 'We are thrilled to announce our plans to establish a Qualcomm Engineering Center in Abu Dhabi as part of our efforts to advance technology innovation in the region. This new engineering hub will focus on developing best-in-class AI and industrial IoT solutions while also cultivating local talent and fostering job creation. We look forward to working with the Abu Dhabi Investment Office and the UAE to expand their technology ecosystem,' said Cristiano Amon, President and CEO, Qualcomm Incorporated. 'Abu Dhabi is laying the groundwork for future-defining industries, grounded in world-class research capabilities, integrated infrastructure and the ability to attract top-tier talent. The Qualcomm Engineering Center in Abu Dhabi is poised to deliver technological advancements in IoT, AI and data infrastructure with applications across critical sectors, unlocking complex solutions at a global scale in partnership with Abu Dhabi's world-class ecosystem. This is why ambitious global investors and pioneering companies, like Qualcomm, choose Abu Dhabi: as an investment destination we lose no time in anticipating what's next; we build for it,' said His Excellency Badr Al-Olama, Director General, Abu Dhabi Investment Office (ADIO). About Qualcomm: Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and unrivaled connectivity. Our Snapdragon® platforms power extraordinary consumer experiences, and our Qualcomm Dragonwing™ products empower businesses and industries to scale to new heights. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. About the Abu Dhabi Investment Office (ADIO): The Abu Dhabi Investment Office (ADIO) is the government vehicle responsible for accelerating Abu Dhabi's growth and enabling the emirate's economic transformation. Through comprehensive support services, ADIO enables both local and foreign investors to shape industries of the future set to transform liveability, technology, resources, and value-added services. Initiatives focused on regional tourism and retail development, as well as public-private partnerships, ensure that community well-being is at the centre of Abu Dhabi's economic transformation. With a robust network of investors, strong collaboration with key stakeholders, and a global presence, ADIO is committed to empowering those who invest with Abu Dhabi to make a lasting global impact.
