Etimad Holding signs a memorandum of understanding with U.S. Based Fortem Technologies

ABU DHABI - February 22, 2023 -- 

Etimad Holding Company signed a memorandum of understanding with the U.S. Based Fortem Technologies, during IDEX 2023 exhibition.

The memorandum of understanding includes strengthening relations in the field of defense and security, and discussing opportunities for joint cooperation.

Mr. Khaled Al Ali, Group CEO of Etimad Holding Group, said: “The IDEX exhibition is an important opportunity for national companies to discuss ways of cooperation with regional and international companies operating in the same sector, and we aim to benefit from the latest experiences and exchange knowledge in the security and defense field, and learn about new developments in the field of security and defense”.

Al Ali added, “We hope that our cooperation today with Fortem Technologies will benefit everyone, and that IDEX will open new horizons for cooperation with international defense companies.

About Fortem Technologies

Fortem Technologies is the leader in airspace awareness, security, and defense for detecting and defeating dangerous drones. Through an advanced, end to end system of distributed radar, AI at the Edge, deep sensor integration, and autonomous drone capture, Fortem monitors and defends the world’s venues, infrastructures, cities, and regions. The same system is accelerating the safety of the world’s airspace for urban air mobility. Based in Pleasant Grove, Utah, the company is privately held and backed by Toshiba, Boeing, DCVC, Mubadala Investment Company, Signia Venture Partners and others.