Page 59 - KHALIFA FUND PR REPORT FEBRUARY 2025
P. 59
2/19/25, 1:40 PM Latest News
Khalifa Fund for Enterprise Development
sponsors 6 ventures in International Defence
Exhibition and Conference (IDEX)
19/02/2025
• 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 the Armed Forces, at the Abu Dhabi National
Exhibition Centre (ADNEC) from 17th to 21st 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.
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