The Abu Dhabi Department of Economic Development (ADDED) has signed a Memorandum of Understanding (MOU) with Inovartic Investment, a technology innovation company, to establish a facility in Abu Dhabi that will produce graphene and graphene-enhanced products.
The strategic collaboration marks a step towards enhancing advanced material manufacturing in the region and beyond and is aligned with Abu Dhabi’s vision to become a global hub for cutting-edge industries and technological innovation.
Saif Aldarmaki, Chairman and Co-Founder of Inovartic Investment, said that the agreement will act as a cornerstone for the future of advanced materials manufacturing.
Anwar Hussein, Managing Partner and Co-Founder of Inovartic Investment said: “With this MOU, we are setting the stage for a new era of technological innovation and industrial excellence. Our partnership with the Abu Dhabi Department of Economic Development will enable us to push the boundaries of what is possible in advanced manufacturing, contributing to a more sustainable and prosperous world.”