Nordic Unmanned signs Memorandum of Understanding (MOU) with Dutco

JULY 5th, 2021 - Sandnes, Norway - Nordic Unmanned has signed a Memorandum of Understanding (MOU) with Dubai Transport Company (“Dutco”), the parent of an established group operating from Dubai, United Arab Emirates. Dutco has developed a wide range of clients and contacts in the wider Middle East region as well as North Africa and is actively exploring opportunities to expand its business into renewables and disruptive technology sectors including Drone-based services.

Knut Roar Wiig, CEO at Nordic Unmanned stated: “We are excited to work with an experienced Group such as Dutco. The Group represents a wide range of opportunities across a very exciting region. They are actively looking to expanding their business into new and disruptive technology, which our services very much represent. This aligns with our previous communicated expansion plans, and we look forward to explore new opportunities in the Middle East and North African region, alongside Dutco.”

 

The intent of the MOU is to explore collaborative opportunities through a market feasibility study, pilot project, marketing, representation, agency, joint venture or other arrangement for the sale and marketing of Nordic Unmanned’ s products and services for potential customers in the Gulf Cooperation Council (GCC), Middle East and North Africa region.

 

Dutco’s diverse range of business activities include operating in construction, hospitality and leisure, logistics, manufacturing, and general trading operations, as well as oil and gas and energy investments. Dutco has developed a wide range of clients and contacts in North Africa and across the wider Middle East region. Dutco is actively exploring opportunities to expand its business into renewables and disruptive technology sectors including drone-based services.

About Nordic Unmanned

Nordic Unmanned delivers comprehensive data solutions through industry leading expertise, to assist both public and private customers in the transition to unmanned technology. The focus is to support demanding clients by collecting time-critical data with the use of unmanned technology.

Founded in 2014, the company has offices in Sandnes, Oslo and Frankfurt, and has quickly become one of Europe's leading providers of unmanned systems and services, with operations across the continent. The company is ISO 9001-2015 certified by DNV-GL for the operation, maintenance and sales of unmanned systems and sensor technology. Nordic Unmanned is listed on Euronext Growth Oslo (NUMND).

For more information visit nordicunmanned.com

About DUTCO

Tracing its origins to 1947, Dutco is now a leading Dubai-based group operating in the sectors of construction, manufacturing, real estate, oil and gas, freight and logistics and hospitality. It has developed into a leading conglomerate of business operations through a philosophy of long-term strategic investments, often with joint venture partners.

For more information visit: - https://www.dutco.com/home