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Organized by GACA, the event discusses sustainability, innovation, and growth
Riyadh, 8 May 2022: Advanced Electronics Company (AEC), one of Saudi Arabia’s leading electronics and information technology companies and a wholly-owned subsidiary of SAMI, will feature prominently at this year’s inaugural Future Aviation Forum (FAF). Held by the Kingdom’s General Authority of Civil Aviation (GACA), the event is set to take place in Riyadh from the 9th to the 11th of May.
Three key topics are expected to be discussed throughout the event, namely sustainability, innovation, and growth.
AEC will be showcasing its latest products and innovations, such anti-drone defense systems, data diode, and cyber range lines. AEC will also feature its manufacturing, service, maintenance, and support capabilities, alongside many other advanced telecommunications and IT innovations.
AEC’s presence at the Future Aviation Forum highlights its strategic role as a key enabler of manufacturing localization to meet national demands and Saudi Arabia’s digital transformation goals.
“Our participation in FAF comes as part of our efforts to maintain strong ties with leading global aviation corporations. We are delighted to be at such a prestigious global event, which aims to accomplish a key Vision 2030 objective – unleashing unprecedented investment opportunities,” said Mr. Ziad Al-Musallam, CEO of AEC. “We also aim to fully utilize Saudi Arabia’s strategic location between Asia, Africa, and Europe, which perfectly qualifies it to become a global logistics and aviation hub. We at AEC are greatly interested in such events, as they offer an invaluable opportunity to showcase the Kingdom’s advanced technologies and innovative products.”
“This interaction with global corporations,” Al-Musallam explained, “provides us with an equally important opportunity to build broader, deeper relationships with stakeholders on the regional and global levels, not to mention the ability to probe future industry trends. This allows us to build an effective system that enables us to realize our full potential through the efforts of our local talents and bring world-class technology to the national domain.”
FAF is set to bring together some of the global civil aviation industry’s leading figures, from top decision-makers to CEOs and investors. The three-day event will feature over 120 speakers and 40 panel discussions that aim to shed light on the industry’s future as a whole.
Established in Riyadh in 1988, Advanced Electronics Company (AEC) has built a name for itself as a leader in Saudi Arabia’s defense industry. The company designs, builds, services, and repairs advanced defense, avionics, telecommunications, IT, security, and energy systems with the efforts of 2,200 employees, over 84 percent of whom are Saudis, including more than 900 engineers of both genders.
RIYADH – Advanced Electronics Company, one of the leading electronics and information technology companies in Saudi Arabia and a wholly-owned subsidiary of SAMI, announced Wednesday, 30th March 2022, the signing of a Memorandum of Understanding (MoU) with Saudi Aramco and Yokogawa during the Future of Semiconductors Forum held in King Abdulaziz City for Science and Technology. The MoU will help accelerate the enablement of AEC to localize the fabrication of semiconductors and manufacturing of digital products.
The signed MoU aims to contribute to increasing the added-value of manufacturing localization to the national GDP. It will also increase the self-reliance of the local industry and help mitigate the current challenges associated with semiconductors’ global supply-chain by localizing and transferring technology to the Kingdom.
Mr. Ziad Al-Musallam, President & CEO of AEC, emphasized that the company is focusing its efforts on developing the latest technologies, and aiming to support local content, noting that the ongoing partnership with Saudi Aramco represents a milestone in the company's progress at the local, regional and international levels.
He added that the cooperation with Yokogawa also represents an opportunity to localize advanced technologies related to fabrication of semiconductors and manufacturing of integrated circuits. Explaining that AEC aims to contribute to increasing local content, empowering national cadres and competencies, and creating job opportunities in line with Vision 2030’s localization goals.
“National cadres constitute more than 84% of the total employees at AEC, including 900 highly skilled engineers; our commitment to empowering national competencies in developing and manufacturing products and solutions is part of AEC’s goals to be achieved in line with the Kingdom's Vision 2030” said Mr. Al-Musallam.
Mr. Nabil Al Nuaim, Vice President of Digital Transformation in Saudi Aramco said, “Strengthening the collaboration between Advanced Electronics Company, a local entity, and Yokogawa, a well-known international company, in the area of semiconductors will foster innovation and complement the supply chain ecosystem in the digital technology sector in kingdom".
Mr. Ahmad Al-Abdrabbuh Senior EVP and Board Director of Yokogawa Saudi Arabia said,” In support of Saudi Arabia’s Vision 2030, we are proud to collaborate with Saudi Aramco and AEC in the first of its kind introduction and deployment of the semiconductor manufacturing system “MinimalFab” out of Japan, enabling innovation, knowledge sharing, and industrial development in the Kingdom and the region. This is in addition to the close collaboration in the area of digital equipment manufacturing among other transformative digital technologies”.
AEC was established in 1988 in Riyadh, and is a leading company in developing, engineering, manufacturing and maintaining advanced systems, products, and solutions in the Defense & Aerospace, ICT, Security, and Energy & Utilities sectors.
Riyadh, March 4, 2022: Advanced Electronics Company, a Saudi Arabian Military Industries "SAMI" company, launched its new brand identity and motto, "Three Decades of Excellence towards a Promising Future," to be premiered at the World Defense Exhibition 2022. The rebranding aims to enhance the company's leading position in the development of defense and aerospace ecosystems, technical systems, information security and energy, and the localization of defense products, solutions, and systems, in line with the objectives of the Kingdom's Vision 2030.
Eng. Ziad Al Musallam, CEO of Advanced Electronics, said: "The company's focus is on developing advanced products, solutions, and services and honoring its thirty years track record. The Advanced Electronics Company has created a platform for expertise that seeks to localize technologies and build capabilities during the past period. The new identity reflects the company's future vision, unifying efforts and aligning goals to achieve the Kingdom's Vision 2030 and implement the ambitious leadership aspirations by SAMI to become one of the 25 largest defense industries companies in the world by 2030.
Established in 1988 and headquartered in Riyadh, AEC is a leader in the electronics, technology, and manufacturing industries. The company designs, develops, manufactures, maintains, and repairs advanced systems and products in the defense and aerospace, information and communications technology, security, and energy sectors. It employs more than 2,200 employees, 85 percent of whom are Saudis, who include over 800 highly skilled and certified male and female engineers.
In 2020, SAMI, a national entity wholly owned by Public Investment Fund (PIF) acquired Advanced Electronics, in what was the largest deal of its kind in Saudi Arabia's military industry’s sector, thus becoming a 100% Saudi company.