PHOTO
- Dubai Production City hails homegrown success story
- Expansion follows HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum’s creation of 3D Printing Strategic Alliance
Dubai-UAE: UAE startup Immensa Technology Labs has announced plans to open a state-of-the-art 3D printing facility in Saudi Arabia in what is a major homegrown success story for Dubai Production City.
Immensa Technology Labs is one of the UAE’s leading additive manufacturing companies and has been based in Dubai Production City, a leading business community for the global publishing, printing and packaging industries, since 2016. The company employs 22 people in the UAE and exports to numerous markets including Saudi Arabia, Kuwait, Jordan, and North America among other places.
Many jobs will be created when it opens the 8,000 sq ft complex in the Eastern Province this year. To expand its reach, the company will also establish a presence in Abu Dhabi, the US and other global markets as 3D printing demand continues to rise.
Expansion comes after HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, unveiled the 3D Printing Strategic Alliance to further accelerate Dubai’s transition into a leading 3D printing hub.
Majed Al Suwaidi, Managing Director of Dubai Production City, said: “The UAE has a vision to become an international leader in 3D printing technologies and today’s announcement demonstrates that demand for Dubai-based talent, knowledge and innovation is increasing locally, regionally and internationally.
“Our infrastructure, ease of doing business, networking opportunities and annual roster of events is set up to ensure startups, SMEs and multinational organisations at Dubai Production City can establish themselves and excel. Immensa Technology Labs’ expanding market share is a homegrown success story worthy of recognition in such challenging times.”
Fahmi Al-Shawwa, CEO of Immensa Labs, said: “The UAE has done a great job in building an ecosystem that encourages startups and young companies to innovate. Dubai is far ahead of the rest of the region when it comes to the number of successful startups that continue to enjoy success here and overseas.
He added. “Establishing our presence in Saudi Arabia is a natural extension of what we have built in the UAE, and we are currently establishing our presence in the United States, with our setup in Houston, Texas. As for 2021, we will continue to expand and are eyeing a number of regional and international markets to establish operations using our base in Dubai Production City as a vital launchpad for international expansion.”
Immensa Technology Labs was founded in 2016 during the launch of HH Sheikh Mohammed bin Rashid’s Dubai 3D Printing Strategy. a first of its kind for a regional company, Immensa was part of the international group which was led by DNV GL and included Shell, Equinor, Total, BP, Siemens and other global organisations in developing the guidelines for the production of 3D printed metal parts for the Oil & Gas and Maritime Industries.
Amid the COVID-19 pandemic, it remobilised its manufacturing operation to produce more than 20,000 3D printed face shields per week, supplying local and international companies including Emirates Food Industries, Hira Industries, and Sheikh Khalifa Hospital in UAQ .
Its industrial 3D printing technology allows companies to run a virtual warehouse to store ‘digital twins’ of spare parts traditionally kept in storage. When a new item is required, the company logs onto its digital inventory, downloads the asset and 3D prints it, significantly reducing costs and boosting supply chain localisation.
Dubai Production City is home to more than 220 companies employing 6,800 people and has continued to support local and international talent with state-of-the-art infrastructure, retail and residential developments since it was established in 2003. Its strategic location next to Sheikh Mohammed bin Zayed Road provides easy access to Dubai Media City and Dubai Studio City, enabling sustainable economic growth across the publishing, printing and packaging landscape.
-Ends-
About Dubai Production City
Dubai Production City (DPC) is a leading business hub fostering the growth of the local and global publishing, printing and packaging industry. Launched in 2003, DPC is the first destination dedicated to advancing the development of the content production industry in the region. Home to qualified business professionals from around the globe, DPC is a vibrant holistic community that boasts a unique combination of business, residential, retail and lifestyle offerings.
About Immensa Technology Labs
Immensa Technology Labs is a leading additive manufacturing company that operates two ISO Certified 3D printing facilities in the UAE and works with over 40 materials including metals and polymers. It was established in 2016 and become operation in 2017.
For media enquiries, please contact:
Oscar Rousseau
APCO Worldwide
Email: orousseau@apcoworldwide.com
Khaled Al Khatib
APCO Worldwide
Email: KAlKhatib@apcoworldwide.com
© Press Release 2020
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
