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.
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