• Strategic funding permits FEDS Group Holdings Ltd to additional strengthen its place in Center East with DT^three (Drone Know-how, Knowledge Know-how and Digital Transformation) expertise from Aerodyne
• FEDS to additionally contribute considerably to Aerodyne’s international imaginative and prescient in geospatial and GRID administration options
Aerodyne Group, a world-leading supplier of drone-based asset administration options, at this time introduced a strategic funding in FEDS Group
Holdings Ltd (“FEDS”), the main drone participant within the Center East. This funding would permit Aerodyne Group to leverage on FEDS’ sturdy development trajectory and monetary efficiency to additional improve worth for its shareholders.
FEDS brings the experience of one of many high leaders within the international drone companies trade into the Aerodyne household. FEDS has performed hundreds of business operations for among the largest firms within the Center East, whereas Aerodyne itself is already a worldwide chief with greater than 300,000 infrastructure belongings inspected and managed throughout 25 nations. Each firms are ranked among the many high 20 drone service suppliers by Drone Trade Insights, a number one supply for unbiased drone market intelligence.
Aerodyne founder and Group CEO, Kamarul A Muhamed stated, “We’re proud to welcome FEDS into the Aerodyne household. FEDS supplies Aerodyne a robust foothold to speed up our growth into the Center East. By combining our experience and FEDS native content material, now we have created a platform which is primed to be the market chief within the area and can supercharge our subsequent section of development.”
FEDS will proceed to offer premium turnkey aerial inspections of infrastructure belongings within the power utilities, geospatial survey, public infrastructure and telecommunications sectors. Leveraging on Aerodyne’s DT^three expertise will allow FEDS to supply deeper disruptive options to the Center Japanese market. By combining sensible drones and AI, superior analytics and resolution method to enterprise digitalization, our options will give purchasers important efficiency enchancment and value optimisation.
FEDS founder and CEO, Rabih Bou Rached stated, “I’m very excited with this strategic alliance and have little question that this partnership will add important worth to FEDS, our purchasers and to Aerodyne Group. We stay up for repeatedly create worth and broaden the frontier within the drone companies area along with Aerodyne.”
This strategic funding is a part of Aerodyne’s aggressive two-year international plan which is able to doubtlessly see the completion of seven M&As throughout the interval. In December 2019, Aerodyne introduced an analogous strategic alliance with Measure UAS in America.
Rabih Bou Rached additionally joins the Aerodyne Group’s international management staff, bringing with him eight years of invaluable expertise and experience in drone companies sectors throughout a number of verticals.
Commenting on the announcement, Malaysia Digital Economic system Company’s (MDEC) CEO Surina Shukri stated, “I congratulate Aerodyne, a member of MDEC International Development Acceleration’s GAIN Programme, on this strategic funding that clearly demonstrates the management place it has established globally in DroneTech. I’m additionally happy with Aerodyne’s success because it has catalysed a wider adoption of DroneTech as a key enabler of digital transformation throughout sectors in Malaysia”
Aerodyne Group is a world-leading supplier of drone-based enterprise options, and a pioneer in using AI as an enabling expertise for large-scale knowledge operations, analytics and course of optimization. Aerodyne’s employees of over 350 drone professionals operates on an unprecedented stage in the usservices sector, having managed greater than 300,000 infrastructure belongings with 110,000 flight operations throughout 25 nations and surveyed in extra of 100,000 km of energy infrastructure throughout 25 nations globally.
Aerodyne is ranked third on the earth by Drone Trade Insights (DII) in its ‘2019 Prime 10 Drone Service Suppliers’; was named Frost & Sullivan’s ‘Asia Pacific UAV Providers Firm of 2019’; and a recipient of the Institute of Engineering and Know-how (IET) Malaysia’s ‘Trade Excellence Gold Award 2019’.
FEDS is the primary and main Drone-As-A-Service (DaaS) firm within the Center East and amongst the highest 20 drone companies suppliers on the earth in 2019, ranked by Drone Trade Insights.
The corporate is the primary DaaS agency within the Center East that gives extremely environment friendly, and sustainable drone companies within the area of mapping, surveying, and inspection for firms within the mega industries—reminiscent of oil and gasoline, sustainable power and utility, development and infrastructure.
Presently, the corporate has its stronghold within the UAE and the Kingdom of Saudi Arabia and increasing steadily within the GCC nations and the MENA area. Headquartered in Dubai, FEDS has accomplished 1000+ tasks within the Center East & Africa area.
For extra particulars – www.feds.ae