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FinancialNews


  • 04-12-18

    UAE's Mubadala to invest in 3D printing, AI

    (MENAFN) The UAE's Mubadala Aerospace was revealed to be planning to invest in advanced technologies which include 3D-printing and artificial intelligence-backed predictive maintenance.

    The news was made by Badr Al Olama, the head of the organizing committee of the Global Manufacturing and Industrialisation Summit (GMIS) and head of Mubalada Aerospace, while speaking to Arabian Business.

    Mubadala Aerospace will soon "look to invest with technology-focused companies across the sector to innovate and develop a competitive value proposition for its customers to ultimately generate sustainable financial returns for our shareholder," the top chief stated.

    Al Olama added: "consequently, we will be looking into 3D printing and robotics, advanced materials and predictive maintenance using artificial intelligence technologies,"

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