Page 75 - FUGRO PR REPORT APRIL 2024

5/1/24, 4:09 PM Inaugural DRIFTx: Flying taxis, autonomous cars, seagliders soon to be a reality in Abu Dhabi
Amongst the key collaborations announced at DRIFTx was an agreement between FEST Auto Global Holding Ltd (FEST), a global
mobility solutions company with a mission to redefine urban transportation, and Abu Dhabi University (ADU), aimed at fostering
innovation in sustainable urban mobility. FEST and ADU will work together to enhance FEST's proprietary Fleet Management

System (FMS) and Vehicle Management System (VMS).

These systems are designed to increase operational efficiency through advanced system customisation and to showcase the practical

viability of FEST's customised electric vans in real-world applications.

Bayanat announced a series of exciting initiatives, including the launch of the Daleel App, in beta testing. Unveiled during DRIFTx,

Daleel is a cutting-edge navigation application developed in-house by Bayanat specifically for the GCC region, and optimised for the
UAE, for smartphone users.

Bayanat is also partnering with South Korean autonomous technology firm, Autonomous a2z to combine their expertise in pioneering
cutting-edge autonomous fleet operations. It also signed an agreement with AUTOCRYPT, an industry-leading V2X security

provider and system integrator, to combine its expertise in vehicle-to-everything (V2X) infrastructure deployment with Bayanat's AI
Smart Roads, enabling and advancing Level 4+ autonomous driving.

Manta Aircraft announced strategic support by Altair for Manta Aircraft's innovative programme, which offers unlimited simulation
and data analytics software. Altair will provide software tools and computational intelligence solutions in digital engineering, AI, and
data analytics technologies.

The Department of Municipalities and Transport (DMT), represented by Abu Dhabi Mobility (AD Mobility), signed a memorandum
of understanding with Regent Craft to provide low-hovering maritime transport for both passenger and freight transport, accelerating

the establishment of an integrated transport system and supporting goals aiming to reduce carbon emissions.

Namir Hourani, Managing Director of GMOLx, the organiser of DRIFTx said, "This week, some of the world's most forward-

thinking leaders and brightest minds convened at DRIFTx in Abu Dhabi, unlocking extremely important and high-level discussions
that are sure to shape the way people and goods are transported, with advanced solutions that will be operational much sooner than
anyone expected. Across the two days, we had an impressive speaker lineup, unique exhibitions, and very exciting live

demonstrations, truly displaying what the future of urban air, land, and sea mobility is going to be like. We're already looking forward
to building on the energy and amazing vibe we witnessed this week to inspire another round of real-world breakthroughs at DRIFTx
2025."

DRIFTx also featured a number of "firsts", including product unveilings, new showcases, and attracting international mobility entities
to the UAE for the first time. This included the UAE's first operational vertiport for vertical take-off and landing aircraft (eVTOLs)

which was unveiled by ADIO, in collaboration with the UAE's General Civil Aviation Authority (GCAA) and The Department of
Municipalities and Transport - Abu Dhabi (DMT), represented by Abu Dhabi Mobility (AD Mobility), an affiliate of the Department
of Municipalities and Transport - Abu Dhabi (DMT).

GMC, one of General Motors' most popular vehicle brands, and Bin Hamooda Auto - GMC dealership for Abu Dhabi, displayed the
brand's first all-electric supertruck, the GMC HUMMER EV Pickup and SUV. The GMC HUMMER EV is the first electric addition

to GMC's lineup of bold, capable and precisely crafted premium trucks and SUVs and provides remarkable on- and off-road

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