Defense & Security UAE & Internationally Relevant operational and technical experience Market demand and sustainable business plan taking into account strategic objectives Technology readiness level ≥ 6 2 – 3 years “Aurus” is a Russian Automotive brand which specializes in luxurious and armored vehicles. The investment is directed towards the development of the company’s manufacturing facilities and capabilities. Aurus’ partnership is with the Russian automotive research center “NAMI”, the majority shareholders, and automobile conglomerate ”SOLLERS” The Fund extended a loan to Halcon Systems LLC to develop and expand its facilities and production lines. In addition, the Fund made a direct investment into the development and manufacturing of a Gravity Released Guided Weapon (GRGW). Investing in the acquisition or development of IP through local and international entities contributing to the requirement of key stakeholders in Strategic sectors and conducting international acquisitions and investments aligned with Tawazun’s strategic objective.
MECHANISM & APPROACH
HIGH LEVEL CRITERIA
SECTOR
DEVELOPMENT LOCATION
TRACK RECORD
FINANCIAL
TECHNOLOGY DEVELOPMENT
DEVELOPMENT DURATION
IP REQUIREMENTS
PORTFOLIO
Investment in Aurus
Funding for Halcon Systems LLC