Saturday, July 27, 2024
Today’s News

Strata and SailGP will Produce F50 Components in Abu Dhabi

SailGP, the world’s most intriguing water race, has announced a new production-based partnership with Strata Manufacturing, a composite aero-structures manufacturing facility wholly owned by Mubadala Investment Company. The UAE-based firm will supply and manufacture important parts of SailGP’s F50 catamarans.

This new partnership between SailGP and Strata builds on Mubadala’s current connection with SailGP, where it is already a Global Series Partner of the league and is committed to delivering one of its three collaboration pillars: connecting responsible investment with cutting-edge technology and innovation to drive forward new ideas. Mubadala is also the title advertise of the upcoming Mubadala New York Sail Grand Prix on June 22nd-23rd, 2024.

They will collaborate with SailGP Technologies, SailGP’s main manufacturing facility on the South Coast of England, to enable the global league to increase the number of international events on its Season 5 calendar and beyond.

The F50s used by the SailGP league’s ten current squads are identical and feature advanced technologies developed over ten years in high-performance, foiling, and multihull racing. They can reach speeds of up to 100 km/h (54 knots or 62 mph).

The new partnership was announced at the Make it in the Emirates Forum (MIITE) in the UAE, an annual event highlighting regional investment opportunities in manufacturing and technology.

Also Read:

Saudi Arabia is Anticipated to Guide the IPO Drive in the Middle East. 

Emirates Developers Bank Unveiled the Funding deals Worth Dh362 Million.

INTERVIEW

Press Release

Letest News

Lifestyle

Saturday, July 27, 2024

Entrepreneur Mirror is a platform with a significant focus on business, technology, startups entrepreneurship, leadership, innovation, content creation, prominent business personalities, and many more across the globe. Further, the company publishes interviews, business content, press releases, articles, etc. 

SUBSCRIBE

Copyright © 2024 Entrepreneur Mirror All Right Reserved