July 18, 2024

Bayanat And Oxa Alliance To Power Innovative AV Technology

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Bayanat And Oxa Alliance To Power Innovative AV Technology in the UAE And Beyond-Image Courtesy-Bayanat

Bayanat AI PLC, (ADX: BAYANAT) a leading provider of AI-powered geospatial and smart mobility solutions, and Oxa, a pioneer in autonomous vehicle (AV) technology, announced the formation of a strategic partnership aimed at advancing the development and deployment of autonomous vehicle solutions in the UAE and beyond.

According to Industry sources, this partnership is aided by the Abu Dhabi Investment Office (ADIO) under its Smart and Autonomous Vehicle Industry (SAVI) cluster, underscoring the UAE’s commitment to fostering innovation and technological advancement.

Bayanat and Oxa announce strategic partnership to drive innovation in autonomous vehicle technology

Industry sources further added that this partnership was officially inaugurated during a visit by a high-level delegation from Bayanat and ADIO to Oxa’s headquarters in Oxford, UK. The collaboration will leverage Bayanat’s extensive AI-powered geospatial analytics capabilities and expertise in running autonomous vehicles alongside Oxa’s cutting-edge autonomous vehicle technologies to create innovative solutions for smart cities and autonomous transportation systems.

From L To R: – Hasan Al Hosani, Managing Director of Bayanat, Gavin Jackson, CEO of Oxa (M) & Nayef Shahin, Director of Innovation and Knowledge at ADIO

Excited about the partnership with Oxa, Hasan Al Hosani, Managing Director of Bayanat stated: “This collaboration with Oxa marks a significant milestone in our journey towards revolutionizing transportation and smart city solutions. By combining our expertise in geospatial analytics and operational capabilities in AV with Oxa’s leadership in autonomous vehicle technology, we are poised to create groundbreaking solutions that will enhance mobility, safety, and efficiency in urban areas. We are also grateful for the support from ADIO, which plays a crucial role in driving innovation and technological development in the region.”

Gavin Jackson, CEO of Oxa stated: “As a B2B company, we look for partners who have the vision and capabilities to help us bring our world-class autonomy solutions to a wide range of companies – and Bayanat and ADIO are those partners. Using the knowledge gained from our existing commercial deployments in the US and Bayanat’s technical capabilities and deep relationships throughout the GCC, we expect to accelerate the adoption of autonomy across multiple use cases. We are also excited about the strong technical talent pool in the region, fostered by the Mohamed bin Zayed University of Artificial Intelligence and SAVI, both of which will help us further develop our strong cohort of highly-skilled engineers, including at our planned base in Abu Dhabi.”

Nayef Shahin, Director of Innovation and Knowledge at ADIO

Nayef Shahin, Director of Innovation and Knowledge at ADIO, stated: “When ADIO launched the SAVI cluster last year, our objective was to create a platform in Abu Dhabi that would connect the greatest global and local mobility innovators to pioneer new exciting pathways for the future of land, air and sea transport. I’m proud to say that the Oxa Bayanat collaboration is proof of this objective coming to life, where both entities will combine capabilities in autonomous vehicle technology to create advanced solutions that will deliver real-world impact across our urban environment.”

Industry sources further added that Abu Dhabi’s SAVI cluster was launched in 2023, creating a leading smart and autonomous vehicles hub in the MENA region to promote significant contributions across air, land, and sea mobility applications. SAVI supports innovation and the commercialization of smart and autonomous vehicle technologies in the UAE, unlocking their global potential by providing state-of-the-art facilities and value-added services within an enabling regulatory environment.

Industry sources confirmed that the partnership between Bayanat and Oxa, endorsed by ADIO, is designed to create a regional powerhouse for developing and advancing autonomy across multiple verticals.

One of the key outcomes of the collaboration will be to explore the creation of an Autonomous Mobility Centre of Excellence, which will benefit from deep links across Abu Dhabi’s regional ecosystem. The partnership also looks to promote the hiring and nurturing of local talent including software, hardware, and operations engineers, data scientists, legal professionals, and general support staff. This will be further supplemented by Oxa’s robust academic network, and its work with local academics and universities such as MBZUAI, on various topics, from future visions to engineering and entrepreneurship.

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