Abu Dhabi, United Arab Emirates: Day one of the Global Aerospace Summit showcased how technological advancements in artificial intelligence, robotics, block chain and connectivity are transforming the aerospace, aviation, space and defence industries. The importance of partnerships, collaborations and youth engagement were highlighted by a number of key participants including Mubadala, Etihad Aviation Group, Lockheed Martin, UAE Space Agency, Facebook, Hyperloop One and many others.
His Excellency Mohammed bin Ahmad Al Bawardi, Minister of State for Defence Affairs welcomed international guests to the UAE, where a knowledge based economy has formed a central national focus. He pointed out the fact that the UAE is the first country to appoint a minister for artificial intelligence, and highlighted an ambitious goal of establishing a settlement on Mars by 2117.
He commented: “The UAEs vision attracts global investments, and has produced infrastructure that meets international standards. We must face challenges hand in hand with our international partners, especially those that share in our ambitious visions. The UAE is pioneering with competitive technologies, providing diverse opportunities for Emirati nationals. Unfortunately there is instability around the world. In such circumstances, collaboration and coalition are essential for overcoming this. The UAE is determined to work with partners to provide resolution for all parties. The diverse transportation networks and services, as well as the welcoming legislative environment, have enabled us to succeed in realizing our vision.”
Khaled Al Qubaisi, Chief Executive Officer, Aerospace, Renewables & ICT for Mubadala was interviewed by CNN’s John Defterios in which he talked about the Middle East region being one of the fastest growing aviation and aerospace markets in the world, driven largely by surging tourism, booming economies and the great geographic location. He said that it is expected to see an annual growth of 6 per cent in air traffic for the next 2 decades, that’s 30% above the global average.
He added: “the UAE has the largest and one of the youngest fleet of aircraft in the region, …and its aviation industry alone… is valued at $80 billion - providing nearly half a million of direct and indirect jobs to a population of only 9 million. And by 2025 it should account for 16 per cent of the nation's GDP, and that’s the aviation sector alone without including the space and defense... as you can see aerospace and its related industries will continue to be a key pillar of our economy as we forge ahead into the future.”
Tony Douglas, Group CEO, Etihad Aviation Group spoke about the airline’s mandate is to extend Abu Dhabi to the world.
He said: “This is one of the most competitive industries. Many airline brands no longer exist. At Etihad Airways, we have built something that is truly special and thrived for the past 15 years, but there is always a need to innovate, innovate and innovate. There is a huge tourism proposition on offer here in Abu Dhabi, and the higher aviation committee has already succeeded in connecting those offerings with airline and airport alike. The geography plays to our advantage as well. Two thirds of the world’s population live within a 6 hour radius. In our line of work, the network is all important. I believe the fundamentals are in place so that anyone who has an innovative and competitive product to offer can succeed.”
Ghaith Al Ghaith, CEO of FlyDubai said: “We have developed our nation by taking part of our geographical location in the world. Over the past 10 years, we have managed to establish a network of 95 locations, 60 of which were not previously served. 600,000 people benefited from our code share agreement with Emirates, which has resulted in a combined network of more than 200 destinations. Collaboration with international governments has also been productive.”
Marillyn Hewson, Chairman, President and Chief Executive Officer of Lockheed Martin Corporation said that His Highness Sheikh Zayed’s focus on the future continues with today’s leaders in the UAE, as they drive progress across the emirates. The UAE is an example for the world of what a nation can achieve when wise leaders put in place sound policies, enable long-term cooperation and sustained investment in people and innovation.
She said: “We’re proud to have partnered with the UAE for four decades, to help achieve Sheikh Zayed’s vision. We recognize the tremendous promise and the key role that the aerospace industry can play in building the future through innovation. Through our global experience, we’ve identified ways for building strong public private partnerships. Firstly, the importance of partners having a shared vision on global security as the foundation for economic opportunity, growth and progress. Public private partnerships must focus on driving innovation. The most effective public private partnerships focus on the long-term goal of building up the talents and capabilities of the nation.”
Harj Dhaliwa, Managing Director Middle East & India, Hyperloop One spoke about his company offering a brand new mode of transport. Combining space, aerospace and rail engineering technology into one. He said: “We will be giving time back. 300 to 500 kilometers can be done in half an hour. It will disrupt logistics, cargo, the way we plan and move and how we get to work. It will be bring jobs, economic growth and opportunities. We have proven the technology works.”
“We’ve had a big launch with DP World looking at the logistics market. We are looking at a brand new logistics model in a similar way to air freight. The whole supply chain is being reviewed. DP Cargo Speed could revolutionize and disrupt the market. We are working actively in KSA, with two years with RTA in the UAE. We are taking a phased approach to the GCC. We are working in India and have been for past nine months. There is need and demand and great support from government. They have a history of leapfrogging technology. In telecoms they went from nothing to 4G and skipped wired telecoms. We have signed a binding agreement to develop the first Hyperloop system from Mumbai and to start on the ground in 2019. Our pods are pressurized vessels. They are effectively aircraft with no wings. At some stage we are looking to partner with aerospace manufacturers. We are discussing with Strata on carbon composite materials. The aviation industry will be a key area to support us moving forward. By 2025 we will have our first commercial operation.”
David Hansell, Public Policy Manager at Facebook explained the reasons why his company has created programmes to connect rural connectivity and populations that are under connected. He said that individual advances have been made in batteries, satellites, composite materials by a lot of great companies are allowing them to create new modes of connectivity across the world.
He said: “We want to disrupt the isolation people have in terms of lack of communications. We want to create connections across the world. We have been building huge data centres, server racks, payloads and urban connectivity solutions. We often give these plans away to allow people to build businesses from them. Having partners makes it easier to work on the HAPS space. We are aiming to spread social good and look for wins for everyone.”
Dr. Steven Griffiths, Khalifa University said: “We are spending a lot of time focusing on what is coming from Ministry of Artificial Intelligence, robotics, data science and manufacturing institutions. We have a project on sustainable biomass to create sustainable jet fuel. We work with Boeing, Etihad Airways and General Electric to develop something with great commercial viability. Training manpower of the country is critical. We have a program to develop CubeSats with Yahsat. Power and propulsion is a big focus in our research, as well as connecting micro grid batteries. We have centers in autonomous robotic systems and an important focus on cyber security and advanced materials. We have become a top 100 university in the world.”
Omar Al Mahmood, ICT fund said: “Every year we receive global submissions on how we can better use drones for good and the best applications are highlighted. One example is Sanad – a company that created a drone life buoy ring launched to rescue drowning victims in time before rescue services.”
Link to images: https://www.dropbox.com/sh/zfuh4y1hm8q4rcd/AAC6iMa7gikoaygAb8UraFyoa?dl=0
-Ends-
The Global Aerospace Summit 2018
The Global Aerospace Summit is an exclusive, invitation-only event for C-level executives, senior decision makers and government officials involved with the aerospace, aviation, defence and space industries. The 2018 edition, the fourth in this biennial series, will take place on 30th April to 2nd May in the capital of the United Arab Emirates. The Summit, which is hosted by Mubadala Investment Company, will debate and analyse key issues and solutions that face the aviation, aerospace, defence and space sectors across the globe under the over-arching theme of ‘future of aerospace.’
The Global Aerospace Summit is organised by Streamline Marketing Group. For more information, please visit - http://www.aerospacesummit.com.
Mubadala Investment Company
Mubadala is a pioneering global investor, deploying capital with integrity and ingenuity to accelerate economic growth for the long-term benefit of Abu Dhabi. As Abu Dhabi’s leading strategic investment company, Mubadala is active in 13 sectors and more than 30 countries around the world, creating lasting value for our shareholder, the Government of Abu Dhabi.
Our work includes the development of global industrial champions in sectors such as aerospace, ICT, semiconductors, metals & mining and renewable energy, utilities, and the management of diverse financial holdings. We build on legacy expertise in oil and gas to invest across the hydrocarbon spectrum, and enhance the UAE’s growth potential through investments in healthcare, real estate and defense services. Our investment approach prioritizes partnership with best-in-class organizations and a commitment to the highest standards of governance.
SMG Aerospace
SMG Aerospace is a division of Streamline Marketing Group (SMG). SMG is an events consultancy specialising in creating innovative events with a global profile and reach. Our success lies in the fact that we think differently about events – a strategy that has won us several international awards and nominations. We look at format and content as well as staging and marketing to create exceptional events that are of real value to our clients and audiences.
SMG also focuses on working closely with government entities and commercial partners to deliver content led, world-class events. Over the years we have worked with some of the world’s leading brands, government agencies and industry leaders including: The Emirates Group; Mubadala Development Company; Etihad Airways, Dubai Municipality; Dubai Exports; The General Civil Aviation Authority; Ministry of Economy, UAE and more. Please visit www.smg-online.com for more information.
For more information, please contact:
Mohaned Lafi
Account director - Four Communications Group
+971 (0)55 985 3379
© Press Release 2018
