Awards presented at IDEX Next Gen event to encourage entrepreneurship and innovation in the defense and military industries
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The inaugural IDEX Next Gen will see 34 start-ups compete in Abu Dhabi for the ‘Most Innovative Company Award in the Defense Sector’.
On Tuesday, 34 of the 83 startups participating in this edition of IDEX and NAVDEX 2023 were shortlisted.
“This is the first time that such an awards competition is being held during IDEX. We have 83 startups from 25 countries. We have shortlisted 34 of them and they will present their innovative ideas,” said ADNEC Group Subsidiary Saeed Al Mansoori, CEO of company Capital Events, told a news conference.
“The competition has four main stages. In the first stage, 34 of the 83 startups are selected to present their innovations in front of a jury. In the second stage, we select 10 startups. In the next stage, the judges The top three startups will be selected. They will compete for the best company award,” said Al Mansoori.
The award was established to encourage start-ups in the defense and military industry to innovate and provide them with opportunities to showcase their advanced solutions, systems and technologies, which play a vital role in the development of the defense industry worldwide. effect. grade.
“Innovation is the cornerstone of all programs and activities carried out by the Group’s six business divisions. These activities are part of our efforts to achieve sustainable growth in all economic and social sectors of the Emirate of Abu Dhabi,” said Humaid Matar, Managing Director and Chief Executive Officer, ADNEC Group Al Dhaheri said.
“The launch of this award during UAE Innovate 2023 helps strengthen the position of the UAE and Abu Dhabi as global innovation hubs. The award will serve as a special addition to enhance the competitiveness of IDEX and NAVDEX exhibitions and establish the event as a The status of a global platform that will shape the future of the industry. It will also provide an opportunity to benefit from the expertise of the best start-ups delivering innovative defense solutions, technologies and equipment to the sector.”
A jury of some of the most renowned international experts will evaluate the innovations of the startups, and the first place winner will be honored and given a commemorative plaque. The winner will also have the opportunity to participate in the next IDEX.
IDEX Next Gen provides a platform for companies to showcase ideas, products and work strategies and showcase the latest defense innovations, solutions and technologies in the defense sector to some of the most important leaders, policy makers, official delegations and major international companies .