AEC and PSATRI ink deal

ADVANCED Electronics Company (AEC) and Prince Sultan Advanced Technology Research Institute (PSATRI) announced Monday that they have entered into a memorandum of agreement (MOA) to explore strategic opportunities across a wide range of mission areas. Under the newly signed MOA, the entities envision expanding their collaboration in the defense market in support of the Armed Forces of the Kingdom of Saudi Arabia. “AEC is a trusted partner with substantial technical capabilities and highly qualified workforce. Our cooperation with AEC will enhance the local capability in this strategic field. We look forward to increasing our teamwork to serve the Saudi market,” said Dr. Sami M. Alhumaidi, PSATRI’s Managing Director. “We are proud to work with PSATRI utilizing their advanced capabilities in various military research applications. Our collaboration with PSATRI offers tremendous growth potential and we are confident that our partnership will enhance our support and commitment to Saudi Vision 2030,” said Eng. Mohammed Al-Khalifah, SVP & General Manager of AEC. — SG