Abu Dhabi investment group in UK tieup

Abu Dhabi investment group in UK tieup:

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Abu Dhabi Autonomous Systems Investments (ADASI), a provider of autonomous systems for air, land and sea use and a unit of Tawazun Holding, has signed a five-year product development and marketing agreement with UK-based Icarus Training Systems.

As per the agreement, ADASI will be primarily responsible for sales in the Men and South Asian region and Icarus for the rest of the world.

The Abu Dhabi group has also undertaken to procure aerostat envelopes from Icarus.

Since 2011, the Abu Dhabi group and Icarus have been co-operating on the development and integration of an aerostat system for an ADASI client, said a company statement."

'via Blog this'