The dynamic parking solution based on high-precision and cost-effective IOT parking sensors will offer sustainable and efficient parking management and provide a premium experience to citizens and residents of the UAE while relieving them of all tedious parking-related activities, it stated.

The MoU will pave the way for a joint collaboration between InfraX and Gospace allowing the latter to venture into the UAE market under InfraX umbrella to provide its advanced IoT based parking solutions in the country," remarked Rashid Al Ahmadi, the COO of InfraX after signing the deal with Saleh Derraksh, Head of partnership at Gospace.

“InfraX is committed to enrich the digital ecosystem by bringing new and cutting-edge technologies to the UAE. Our partnership with Gospace will not only expand our portfolio of innovative solutions, but also create enormous opportunities for government and enterprise clients to enhance customer experiences, increase operational efficiency and save the environment," he stated.

"While this is our first step with Gospace, we are looking at exploring more trails for the next phase of partnership with them,” added Al Ahmadi.

Gospace CEO Pavol Turčina said: "As an organisation, our goal is to offer smart IoT solutions and services by collaborating with market leaders and established partners. We are proud to associate with InfraX that has a proven track record in providing the world’s best IoT solutions within the local market."

"We are confident that collaboration with partner like InfraX will substantially help to bring latest state-of-the-art smart parking innovations and digitize the user experience within the local market," noted Turcina.

Gospace has gained a unique experience with space hardware projects including cooperation with the European Space Agency and continues its journey with IoT based on a virtue like miniaturization, long-distance communication, space-qualified electronics, and telecommunication technologies, he added.

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