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Gecko Robotics, a leading US robotics company that develops robots capable of inspecting oil, gas and power infrastructure, will set up a new international headquarters in the UAE under the Ministry of Economy’s landmark NextGenFDI programme.
Dr Thani Al Zeyoudi, UAE Minister of State for External Trade, who oversees the NextGenFDI programme, said Gecko’s investment supports the UAE’s mission to develop a world-class advanced technology ecosystem.
“Once again, we are seeing world-leading technology make a home in the UAE. Our industrial base is looking to integrate the tools of the Fourth Industrial Revolution to increase efficiency and productivity, and Gecko Robotics will be a key partner on this journey.
“The decision by Gecko Robotics CEO Jake and team to establish an international base in the UAE is a testament to our business-friendly culture and the support our stakeholders have provided as part of the NextGenFDI initiative. We are making the UAE the most accessible on the planet One of the places where you can find the right workforce and scale up quickly.”
Jake Loosararian, CEO and co-founder of Gecko Robotics, said: “We strongly believe that the UAE will transform into a globally competitive economic and innovation hub. Here we can export from here to the rest of the world using the UAE’s Comprehensive Economic Partnership Agreement , we can support energy companies in the region to achieve productivity-enhancing efficiencies and drive towards net zero.
“As our business continues to expand across Europe and the Middle East, we see the UAE market as a key hub for acquiring manufacturing and engineering talent, and we need to continue to accelerate growth. Our first employees are already settled in the UAE and we have ambitious plans to expand our footprint.”
As part of its investment in the country, the Pittsburgh-based company is looking to build a state-of-the-art manufacturing facility in Abu Dhabi’s Khalifa Industrial Zone (Kizad), which will create about 300 jobs over the next few years.
Gecko’s wall-climbing robots use a specially designed sensor payload to detect otherwise invisible damage, enabling precise repairs and predictive maintenance. A range of companies and government agencies use Gecko’s software to extend the life and efficiency of critical infrastructure, including power plants, refineries, manufacturing facilities and other assets, according to a statement.
Launched by the Ministry of Economy in July 2022, the NextGenFDI programme aims to attract digital businesses from around the world with the market access package needed to launch and expand within the UAE. These include a fast and flexible registration process, fast-track permits, bulk visa issuance, banking facilitation, and commercial and residential leasing incentives.
The plan aims to accelerate the UAE’s economic diversification agenda and enhance its position as a knowledge and innovation economy. Gecko Robotics is the latest to join the program, joining British tech company Gödel and food app development company Krush – with more expected in the coming weeks. – arab trade news agency
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