Hensoldt’s optronics business line and Atlas One-to-One Services, LLC, have agreed at IDEX 2019 to set up a joint venture with immediate effect. As a further step, they will establish an Optronics Centre of Excellence (OCofE) with a maintenance, repair and operations (MRO) capability.
In agreeing this venture, Hensoldt will in part fulfil its offset obligations set by the UAE Offset Authority Tawazun Economic Council (TEC), connected to the sale of NIGHT OWL cameras, spotting scopes and night sight equipment.
The OCofE, to be based in Abu Dhabi, will offer current and future customers in the UAE and in the region unique service capabilities for Hensoldt products at service level 3, with spare parts and special tool and test equipment. Hensoldt will provide the necessary equipment and in-depth training for joint venture. In the future, the centre will also provide service for third-party products, as well as a system integration capability and regional sales efforts for Hensoldt electro-optical and other surveillance sensors for wide area surveillance. These sensors include thermal cameras, visual cameras and laser, passive and active sensors.
“Hensoldt and Atlas Group have a long-lasting relationship and together provide customer-oriented solutions to the General Headquarters (GHQ). The creation of the JV, of which 51% will be held by Atlas Services and 49% by HENSOLDT, will further develop and deepen the existing economic ties between both parties,” explained Hensoldt Optronics Managing Director, Andreas Hülle. “This collaboration will allow the UAE to benefit from technology and local R&D, which was not available before. Our joint venture will support [the] UAE’s economic development through the development and transfer of know-how, creating local job opportunities and enhancing Hensoldt’s market access for security and safety applications in the region. Our joint venture will benefit from being able to provide local services to the end-user in the region.”