Hong Kong-based green air mobility company Volar has signed a Memorandum of Understanding (MoU) with Abu Dhabi-based Inovartic, which will explore partnerships to commercialise the RX-series in electric aircraft in the UAE.
The agreement will see the two explore collaboration in distribution, after-sales services and local manufacturing of electric aircraft in the region.
“This partnership marks a significant step towards integrating sustainable technologies in aviation, which is crucial for environmental conservation and technological advancement. This aligns with the goals as outlined in ‘UAE’s Net Zero by 2050’ agenda,” commented Henry Hooi, CEO of Volar.
“Inovartic is committed to fostering innovation that not only advances the aviation industry but also promotes sustainability,” added Saif Aldarmaki, Chairman and Mr Anwar Hussein, Managing Partner of Inovartic.