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.
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
- IP rights with either minimum level or no restrictions on transfer or usage
- IP is aligned to UAE strategic requirements or needs
Investment in Aurus
“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”
Funding for Halcon Systems LLC
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).