INTELLIGENT BRANDS // Mobile Technology
Close to AED 3 billion deals signed at UAE ’ s event on unmanned systems
Technologies to provide communication bands .
The sixth edition of UMEX and SimTEX 2024 concluded with the announcement of Tawazun Council , the UAE defence and security acquisitions authority for the Ministry of Defence , that the total deals signed during the three days which reached 18 deals at a total value AED 2.932 billion .
The total deals signed on behalf of the Ministry of Defence on the third and last day reached 8 contracts with local and international companies , accounting for a total value of AED 1.022 billion . Meanwhile , the first day witnessed 5 deals worth AED 971 million , and the second day recorded 5 deals valued at AED 939 million .
This was announced during the concluding press conference held on the final day of the UMEX and SimTEX 2024 , in the presence of Majed Ahmed Al Jaberi , the official spokesperson of Tawazun Council and Mona Ahmed Al Jaber , Chief of Corporate
Communication at Tawazun Council , and senior officials .
Majed Ahmed Al Jaberi said the number of local contracts signed on the last day of UMEX and SimTEX 2024 reached 5 contracts , valued at AED 859 million . The first contract , worth AED 509 million , was awarded to Edge Group , to procure infrastructure defence systems .
The second contract worth AED 17 million was signed with Zen Technologies , to procure training simulators and support package , and the third contract was for Star Satellite Communications Company – YAHSAT company totalling AED 152 million to provide maintenance and operational services on ground communication centres .
Another contract signed with Bayanat to develop artificial intelligence programming for AED 100 million , and an AED 81 million contract with Satellite Imaging
Al Jaberi stated that the total international deals reached 3 valued at AED 163 million . The biggest contract was awarded to the French company Exail Robotics SAS valued at AED 110 million to procure underwater sonar systems , while the second biggest contract was awarded to the American company Hawkeye360 valued at AED 51 to provide communication subscription . Another contract was signed with the American Company DigitalGlobe to provide Antenna Maintenance Services totalling AED 2 million .
On the second day of the 6th edition of UMEX and SimTEX 2024 , the accumulated value of deals signed on behalf of the Ministry of Defence reached AED 939 million .
The second day of the event witnessed announcement of five deals signed by the Tawazun Council , the UAE defence and security acquisitions authority for the Ministry of Defence , bringing the total number of the contracts announced on the first two days to 10 contracts and the total value of the contracts to AED 1.9 billion .
This was announced during a press conference held by Tawazun Council ' s official spokesperson , Zayed Saeed Al Meraikhi , in the presence of Mona Ahmed Al Jaber , Chief of Corporate Communication at Tawazun Council , senior officials and representatives of local and intentional media . p
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