IN BRIEF: Safran and Mubadala partner on aerospace development

22nd November 2024 21:42

Safran SA - Paris, France-based aerospace and defence company - Partners with Abu Dhabi sovereign investor Mubadala to accelerate aerospace innovation and development in the United Arab Emirates. The partnership will integrate Safran's aerospace technology with Mubadala assets including Strata Manufacturing and Sanad. Leveraging Mubadala's focus on space, the collaboration "unlocks opportunities in air traffic management, Earth observation, and propulsion systems," Safran says.

Safran Executive Vice President Philippe Errera comments: "This strategic framework agreement marks a significant milestone in our partnership with Mubadala, contributing to positioning the United Arab Emirates as a global leader in aerospace innovation and manufacturing. By joining forces, we are enhancing our ability to support technological advancements, develop a skilled workforce, and promote aerospace excellence under the 'Made in the UAE' brand."

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By Aidan Lane, Alliance News reporter

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