Page 14 - KHALIFA FUND PR REPORT FEBRUARY 2025
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Press Release
Khalifa Fund for Enterprise Development sponsors 6 ventures in
International Defence Exhibition and Conference (IDEX)
• Mouza Al Nasri: “The Fund seeks to expand its support to all ventures in the defence
technology and defence industry”
• Khalifa Fund is also supporting showcasing of AI-powered drones during IDEX
• The participating companies at IDEX comprise small businesses and others that the Fund
has helped to grow
Abu Dhabi, 18 February 2025 - The Khalifa Fund for Enterprise Development (KFED)
announced its sponsorship to six innovative ventures participating in the International Defence
Exhibition and Conference (IDEX), held under the patronage of His Highness Sheikh Mohammed
bin Zayed Al Nahyan, the President of the United Arab of Emirates and Supreme Commander of
st
th
the Armed Forces, at the Abu Dhabi National Exhibition Centre (ADNEC) from 17 to 21 of
February 2025.
The participating ventures supported by KFED at IDEX are: ‘AUAV for Drone Services,’ which
offers specialised training courses for secure drone operation. It also plans to launch an advanced
drone model by leveraging artificial intelligence (AI) technology, ‘UNILUX Heavy Equipment
Spare Parts,’ which has decades of expertise in the production and trade of spare parts for heavy
equipment and military vehicles, alongside manufacturing spare parts for heavy equipment and
military vehicles, alongside manufacturing spare parts for lightweight machinery for cutting metal
with laser and water; as the company has received support and guidance from the Fund to expand
its growth.
The participating ventures also include: ‘Droo for Defence Equipment,’ which focuses on
developing all kinds of military defence equipment and bullets, ‘Al Ajwa for Military
Equipment,’ specialising in producing military uniforms, badges, military tents, field
accommodation supplies, lighting apparatus, head protection, googles and gloves, ‘UAE Defence
Technology,’ specialising in trading precision electronic devices and spare parts for arms, bullets,
equipment, and heavy vehicles; and ‘Black Wolf for Military Equipment Trade,’ specialising
in trading military uniform, supplies, equipment and delivering simulating military drills.