Mubadala to showcase its aerospace capabilities at Dubai Airshow 2015
AeroBD | The AERO news Company… Abu Dhabi, UAE, 7 November, 2015 : Companies from across Mubadala’s Aerospace and Engineering Services portfolio will participate at the Middle East’s leading aerospace event : Mubadala, the Abu Dhabi-based investment and development company, will have a significant presence at its 5th consecutive Dubai Airshow, the Middle East’s leading aerospace event, held between 8th – 12th November at Dubai World Central.
Mubadala will showcase assets from its Aerospace and Engineering services portfolio , including Al Yah Satellite Communications Company (Yahsat), Piaggio Aerospace, Nibras Al Ain Aerospace Park, Sanad, SR Technics,Strata Manufacturingand Turbine Services and SolutionsAerospace (TS&S Aerospace).
Homaid Al Shemmari, CEO of Aerospace and Engineering Services at Mubadala, commented:
“The Dubai Airshow has become one of the world’s premier events for the aviation industry, and Mubadala along with its partners plays a key role in showcasing the potential of this industry to the region and the world. The Airshow is an opportunity to display the innovation and growth of the UAE’s aerospace sector, including our capabilities, product offerings and services to a global audience as we continually work towards supporting Abu Dhabi’s Economic Vision 2030 in developing a global aerospace hub in Abu Dhabi.”
During this year’s exhibition, Mubadala will showcase its aerospace journey from when it began in 2007 through the formation of partnerships and initiating investments with world leading organizations, to blending its global expertise with local resources creating two core offerings in manufacturing and services, today.
Mubadala’s manufacturing companies are championed by Strata, now in its sixth year with nearly 700employees, Strata is an advanced composite aero structures manufacturing facility based in Al Ain, which boasts a 45% Emiratization rate – over 84% of which are females. Piaggio Aerospace, which designs, develops, builds and maintains aircraft, aircraft engines and structural components, rounds out Mubadala’s international manufacturing offering.
The service related companies include SR Technics, which is today one of the world’s leading total solutions providers of aircraft, component, engine and technical services. Yahsat, the 8th largest satellite operator in the world, who will take delivery of its third satellite, Al Yah 3, in Q4 2016. TS&S Aerospace, the region’s premier engine MRO services provider working with global original equipment manufacturers (OEMs), and Sanad, an industry leader in integrated financing and leasing solutions for spare engine and aircraft components.
With Emiratization and knowledge development at the heart of their growth strategies, the companies are committed to creating over 10,000 jobs via the Nibras Al Ain Aerospace Park by 2030. Through unrivalled training and career opportunities, Mubadala is supporting the development of the next generation of Emirati scientists, engineers and technicians.
Mubadala’s stand (Stand: 1200, Chalet: P3) will take attendees on an interactive journey, underpinned by each of its subsidiary companies key capabilities, culminating in its future vision for the growth of the industry through partnerships, investment in new technology and talent development.
About Mubadala Development Company
Established and owned by the Government of Abu Dhabi, the company’s strategy is built on the creation of partnerships and on long-term, capital-intensive investments that deliver strong financial returns, contribute to the growth and diversification of Abu Dhabi’s economy, and create opportunities for current and future generations in the United Arab Emirates. Mubadala brings together and manages a multi-billion dollar portfolio of local, regional and international investments and partners with leading global organizations to operate businesses across a wide range of industry sectors. These include aerospace, semiconductors, metals & mining, oil & gas, renewables, information & communications technology, healthcare, real estate & infrastructure, utilities, and defense services.
For more information about Mubadala please visit www.mubadala.com.
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