The new company will focus on the production of critical aeronautical, modem and other advanced satcom technologies in the UAE and building intellectual property locally for increased national security and advanced technology development.
The agreement, which was signed by Eisa Al Shamsi, deputy general manager of Yahsat Government Solutions, and Matar Al Romaithi, chief economic development officer for Tawazun, in the presence of HE Tareq Al Hosani, CEO of Tawazun, Musabbeh Al Kaabi, chairman of Yahsat and Masood M Sharif Mahmood, CEO and Board Member of Yahsat, aims to harness local knowledge, manufacturing capabilities and technology leadership to support national industrialisation efforts.
Under the MOU, the new company will develop technologies and produce products around three main streams: aeronautical satcom technologies, satellite modem technologies and enablement of other satcom products and technologies. It will leverage the knowledge and expertise in the UAE and will be complemented by select international experts to build a global leader in the sector. The first seed project entails the development of a protected, multi-platform satellite modem for government and defence markets in the UAE and internationally.
Yahsat will play an integral role in ensuring that the new company’s products meet the requirements of its government customers with a differentiated and targeted product strategy, enabling the UAE Government and other local and international users to address key technology development. It will source key product development capabilities from leading solution providers and manufacturers to lay the foundation for local production lines and integrated value chain management.
By developing bespoke solutions for critical national requirements, Tawazun and Yahsat expect to raise the bar for customer satisfaction, especially among key decision-makers in the UAE, GCC and beyond
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