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The companies confirmed that they are expecting to collaborate on the conversion of military technology for commercial use, meeting growing marked demand.
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Israel Aerospace Industries (IAI) and SixAI confirmed that the companies will collaborate to convert IAI’s military technology into dual-use and civilian technologies to meet current market demand.
The pair are expected to create a new jointly owned partnership, which draws on IAI’s existing product and managerial expertise, alongside SixAI’s knowledge of commercialising dual-use products.
So far, it is expected that the joint venture will collaborate on green energy, Industry 4.0 and drone technology.
In the green energy space, the venture is expected to focus on technologies regarding energy production, use and storage.
Regarding Industry 4.0, a release from IAI indicated that the pair will concentrate on machine-to-machine communication, and automation across; production lines, IoT deployments, and monitoring and control.
Meanwhile, the pair are further expected to specialise in the command and control of commercial drones in urban areas as well as training for operators.
“We are excited to form this partnership with SixAI. Our collaboration is part of IAI's new strategic roadmap of leveraging technologies and R&D capabilities to create dual-use technologies for commercial implementation,” Boaz Levy, IAI president and chief executive, said.
“IAI's military technologies have contributed significantly to the security of the State of Israel, but have also been a source of technology diffusion that benefited the civilian market, as seen in recent deployments in the fields of agriculture, mining, cyber security, and medicine."
Ran Poliakine, founder and board member at SixAI, said, "SixAI's partnership with IAI will help project the capabilities of the Israeli technological know-how beyond military and homeland security.
“Converting existing IAI dual-use technologies will enable us to introduce to the world game-changing solutions that could potentially solve pressing global challenges such as humanitarian issues, traditional industrial employment, and the climate crisis. I look forward to collaborating with IAI, an organisation, which is a true inspiration, at the forefront of global innovation.”
The announcement came as IAI and Israel’s Space House will oversee the country's Space Exhibit at the International Astronautical Congress in Dubai, showcasing their new array of space technology.
IAI and Israel’s Space House will oversee the country's Space Exhibit at the 72nd International Astronautical Congress in Dubai later this month, showcasing an array of new space technologies in Earth observation, communications and lunar landers.
The company is expected to showcase their new OPTSAT-3000 and TecSAR observation satellites, a new mini-communications satellite prototype, a cloud-based ground station, as well as their new Beresheet lunar lander.
[Related: IAI showcases satellites and lunar lander at upcoming International Astronautical Congress]
