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FINCANTIERI SIGNS AUTONOMOUS TECHNOLOGY AGREEMENT

Wednesday, February 26, 2020 

Marakeb Technologies, a UAE-based autonomous technology provider, has signed a Memorandum of Understanding (MoU) with Fincantieri, in order to explore global collaboration opportunities in the field of autonomous technology.

The agreement is intended to initiate a cross-evaluation of Fincantieri’s current automation solutions and Marakeb Technologies’ patented unmanned technology, as well as to jointly develop applications on various vessel types in Fincantieri’s portfolio.

The partnership aspires to establish future commercial opportunities in regional and international markets, by uniting Marakeb’s proven track-record in the MENA region and Fincantieri’s strong interest in the integration of new technologies and in the expansion of its global footprint.

Basel Shuhaiber, CEO of Marakeb Technologies, said: “Marakeb Technologies aims to expand its capabilities in the field of autonomy through a strategic partnership with Fincantieri. Our collective strengths in the integration of unmanned technologies will enable us to create unique opportunities in the UAE and abroad”.

Giuseppe Giordo, GM of Fincantieri Naval Vessel Business Unit, said: “This agreement strengthens our group in many respects. Indeed, together with Marakeb Technologies, not only will our positioning in the area be enhanced by a top-level partnership, but it will also give us the chance of exploring new opportunities. From an innovation standpoint, this agreement will also allow us to kick-start the development of cutting-edge solutions.”

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