Gecko Robotics to open headquarters in the UAE

0
115
Gecko Robotics to open headquarters in the UAE
Gecko Robotics to open headquarters in the UAE

Allowing for precision repairs and predictive maintenance, Gecko Robotics’ wall-climbing robots use specially designed sensor payloads to detect otherwise invisible damage

US-based Gecko Robotics, to set up a new international headquarters in the UAE under the country’s ambitious ‘NextGenFDI’ initiative, will be the latest global company. Gecko Robotics specialises in the oil and gas and power infrastructure.

The Pittsburgh-based company is looking to establish a state-of-the-art manufacturing plant in Khalifa Industrial Zone Abu Dhabi (KIZAD), as a part of its investment in the country.

Over the next few years, 300 jobs are expected to be created by the new production facility.

Allowing for precision repairs and predictive maintenance, Gecko Robotics’ wall-climbing robots use specially designed sensor payloads to detect otherwise invisible damage.

Including power plants, oil refineries, manufacturing facilities, and other assets, a range of companies and government agencies use Gecko Robotics’ software to extend the lifespan and efficiency of critical infrastructure.

Gecko’s investment supported the UAE’s mission to develop a world class, advanced technology ecosystem, said Dr Thani Al Zeyoudi, UAE minister of state for foreign trade, who oversees the ‘NextGenFDI’ programme.

“Once again, we are seeing world-leading technology make its home in the UAE. Our industrial sector is seeking to integrate the tools of the fourth industrial revolution to improve efficiencies and boost productivity, and Gecko Robotics will be a key partner on that journey,” the minister said.

The company was a big believer in the UAE and its transformation into a globally competitive economic and innovation hub, said Jake Loosararian, CEO and co-founder of Gecko Robotics.

“Here, we can take advantage of the UAE’s comprehensive economic partnership agreements to export to the rest of the world,” he said.

To realize efficiencies that will help productivity and create the drive to realize net zero goals, the company could also support energy businesses in the region, said Loosararian.

“As our business continues to expand across Europe and the Middle East, we see the UAE market as a critical hub to access both the manufacturing and engineering talent we need to continue to accelerate our growth. Our first employees are already settling in the UAE and we have ambitious plans to grow our footprint,” the Gecko chief executive said.

To attract digitally enabled businesses from all over the world with a package of market entry fundamentals required to launch and scale from within the UAE, the NextGenFDI initiative was launched by the Ministry of Economy in July, 2022.

The incentive package includes rapid and flexible incorporation processes, fast-track licensing, bulk visa issuances, banking facilitation and commercial and residential lease incentives.

The program has been devised to accelerate the UAE’s economic diversification agenda and elevate its status as a knowledge- and innovation-based economy.

Gecko Robotics is the latest to commit to the programme, joining UK tech company Gödel and food app development company Krush – with more expected in the coming weeks.

Also readDigital literacy has become mandatory to sustain life in this world

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics