An agreement between Caleds and 3ME Technology to promote hybrid solutions for defense mechanisms in the region
DUBAI, 23rd November, 2017 (WAM) – CALDUS Holding Group, which specializes in developing and manufacturing defense products, based in Abu Dhabi, and 3ME, an Australian technology company that pioneers advanced systems integration, today announced the signing of a cooperation agreement aimed at developing hybrid solutions for CALDUS defense mechanisms across the region.
The agreement was signed by Dr. Khalifa Murad Al Balushi, Managing Director and CEO of Caledus Holding Group, and Justin Bean, CEO of 3ME Technology.
Under the agreement, the two parties will cooperate in joint development and integration initiatives focusing on hybrid products and solutions, providing greater operational flexibility and higher energy efficiency, and reflecting their shared commitment to innovation and providing added value through more efficient, lower-emission vehicles, and more prepared for future requirements in the defense sector.
Dr. Khalifa Murad Al Balushi, Managing Director and CEO of Caldis Holding Group, said: “This agreement comes in line with our vision to lead innovation in the field of defense manufacturing, and through cooperation with 3ME, we are accelerating the process of integrating electric power solutions into our fleet of vehicles, ensuring mission-ready performance, and at the same time supporting the strategy of strengthening national defense industries and adopting future technologies.”
For his part, Justin Bean, CEO of 3ME Technology, said that 3ME’s innovative technology has proven its efficiency in the most difficult conditions in Australia – from underground mines to the most demanding defense applications – and today, through a partnership with the Caldis Group, we are transferring our expertise to the UAE on a wide industrial scale and benefiting from the group’s innovative manufacturing capabilities in the field of defense industries.
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