Leading shipbuilder Fincantieri has inked a Memorandum of Understanding with UAE based Marakeb Technologies to explore global collaboration opportunities in the field of autonomous technology at the ongoing 2020 Unmanned Systems Exhibition and Conference (UMEX 2020) being held in Abu Dhabi.
The agreement was signed by Basel Shuhaiber, Chief Executive Officer of Marakeb Technologies, and Giuseppe Giordo, General Manager of Fincantieri Naval Business at UMEX 2020.
“This agreement strengthens our group in many respects. Indeed, together with Marakeb Technologies, not only will our positioning in the area be enhanced by a top-level partnership, but it will also give us the chance of exploring new opportunities. From an innovation standpoint, this agreement will also allow us to kick-start the development of cutting-edge solutions,” said Giuseppe Giordo.
The MoU will lead to the cross-evaluation of Fincantieri’s current automation solutions and Marakeb Technologies’ patented unmanned technology and both companies will jointly develop applications on various vessel types in Fincantieri’s portfolio.
Basel Shuhaiber said: “Marakeb Technologies aims to expand its capabilities in the field of autonomy through a strategic partnership with Fincantieri. Our collective strengths in the integration of unmanned technologies will enable us to create unique opportunities in the UAE and abroad”.
The global partnership aspires to establish future commercial opportunities in regional and international markets.
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