- This project is the latest development in an ongoing strategic partnership that highlights the potential of geospatial forecasting capabilities powered by artificial intelligence.
Abu Dhabi, United Arab Emirates: Bayanat, a public limited company listed on the Abu Dhabi Stock Market (ADX: BAYANAT) and the leading provider of geospatial technology solutions supporting artificial intelligence, today announced plans to enter into a strategic partnership ““Autonomous a2z South Korea’s leading independent technology company. The joint project will focus on the development and deployment of autonomous systems in the United Arab Emirates and the Middle East and North Africa region.
Bayanat and with the announcement of the start of the collaboration“Autonomous a2z Officially in the inaugural edition of the “Drift X” event (DO NOT DERIVE) in Abu Dhabi earlier this year, the two parties have already entered the second phase of their cooperation. At the event, the two partners demonstrated their autonomous driving capabilities through a cross-border live demonstration of remote control of a car over 7,000 kilometers away in South Korea from the Bayanat Pavilion in Abu Dhabi, UAE.
This strategic partnership represents a valuable opportunity for both parties, especially since Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council of the Emirate of Abu Dhabi, has announced a decision. Create the Council of Autonomous Intelligent Systems. (SASC). This new council aims to advance the development and integration of intelligent and autonomous systems in various sectors of the UAE, strengthening its position as a leading country in the field of technological innovation. The new council covers a wider scope than the previously established councils, targeting various sectors beyond the simple vehicle, and reflects a more comprehensive approach to integrating smart technologies into all aspects of society and the economy.
The signing of this joint project also highlights the strength of the international cooperation between the UAE and South Korea. The signing was attended by a high-level delegation, including Pyongyang, Vice Minister of Trade; and Dong Kee Lee, CEO and President of the Convention and Exhibition Center COEX; Seung Hwan Cho, CEO and President of the Korea Autonomous Transportation Industry Association; Hassan Al Hosani, Managing Director of Bayanat Company.
The joint project aims to expand self-driving systems in the future, and builds on lessons learned from the Bayanat pilot project. THAI with the Department of Municipalities and Transport and Abu Dhabi Mobility. Together, the two companies aim to build a network of autonomous vehicles to seamlessly transport passengers between major urban centers such as Abu Dhabi Airport, the capital’s most important tourist attractions and the city’s wide range of hospitality options. Part of the discussion also includes use cases that extend beyond the public transport sector.
In a statement about this partnership, Hassan Al Hosani, Managing Director of Bayanat, said: “Bayanat is pleased to announce that it plans to undertake a joint project with Bayanat.” “Autonomous A2z”. Our continued cooperation with them confirms the strength of our offer in the field of smart mobility solutions. This decision is an important moment for the EAC and the region. By combining our experience, we advance the development of transport solutions and promote innovation.“
Bayanat has pioneered autonomous and unmanned driving systems in the Middle East and has a proven track record of technological capabilities and know-how including autonomous solutions, cloud infrastructure, digital twins, charging infrastructure, end-to-end transportation applications. , testing and simulation.
For his part, the company’s CEO Han Ji-hyung spoke “Autonomous A2z”About the partnership, he said: “We are delighted to partner with Bayanat, a leader in the field of artificial intelligence geospatial solutions that perfectly complement our autonomous driving solution, an important partnership outside the borders of South Korea. We are sure that cooperation with local companies is necessary to keep pace with the global autonomous vehicle market. to maintain, and that is why many original equipment manufacturers are doing joint projects and we are sure that our network of cooperation between… A2D in the Middle East, andA2G in Singapore andA2Z In the UAE, this is a big step towards our vision of becoming a global autonomous vehicle company and a great opportunity for all parties.”
For more information on the Department of Intelligent Transportation Solutions (SMOS) “Data”, please visit www.bayanat.ai.
About the data
It provides data, which is a public and proprietary company listed on the Abu Dhabi Stock Exchange Q42 As a majority shareholder, we provide AI-powered geospatial solutions globally to a growing number of sectors, such as government services, environment, energy and resources, smart cities and transportation. Its offerings include topographic, hydrographic and aeronautical products and charts, as well as topography, analysis, management, modeling, visualization and mapping services for geospatial data. Bayanat’s solution also leverages different and unique data from multiple sources including satellites and high-altitude quasi-satellites. (HAPS) and AI-powered Earth observation to drive geospatial intelligence capabilities (gIQ).
note:
The proposed merger aims to create a leading AI-powered space technology company in the MENA region with global expansion. Data and Yahsat will continue to operate independently until regulatory approvals are obtained and the merger becomes effective, which is expected to occur in the third quarter of 2024. For more information, visit the merger microsite: www.asharedambition.com
around Autonomous a2z
It’s a company Autonomous a2z South Korea’s leading provider of autonomous driving solutions, known for excellence in covering long distances and providing solutions for the widest range of vehicles. More than 80 projects have been completed with more than 250 million dollars in funding from the Korean government, underscoring our commitment to promoting autonomous mobility. In addition, we have recorded more than 400,000 kilometers of autonomous driving distance, nearly 20 successful demonstrations and 40 certified autonomous vehicles in Korea, all of which perform. a2z Korea’s first autonomous vehicle company.
and progress Autonomous a2z A new paradigm of autonomous driving, connecting people and cities through technology-driven, infrastructure-ready, service-oriented and software-defined mobility innovations. By revolutionizing the transportation sector to implement interchangeable systems, we aim to drive progress in urban and suburban environments and unlock the value of the autonomous mobility platform in smart cities.
Experience developing software and hardware for autonomous vehicles ensures… a2z Smooth a variety of autonomous driving applications, from medium and large buses to small passenger cars. Our technology mimics human cognitive abilities, enabling intelligent decisions about steering, acceleration and driving conditions.
As we expand globally, we welcome partnerships, especially from future industries, to explore our pioneering autonomous transportation solutions. Together, let’s shape the future of mobility.
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