HelioTech introduced as a latest addition to Tawazuns SDF, during Abu Dhabis defence exhibition

HelioTech, a UAE-based company, will focus on the design and manufacturing of its proprietary and unique vertical take-off and landing (VTOL) aircraft for commercial and security applications. The Strategic Development Fund (SDF), the investment arm of Tawazun Council, introduced Helio Aviation Technologies (HelioTech), the latest addition to its venture investment portfolio, during Abu Dhabi’s defence exhibition.

HelioTech’s initial efforts will centre on the development and production of manned and unmanned single-engine helicopters based on cutting-edge coaxial technology. It has commenced the design and development of a family of products within the VTOL aircraft sector, which are on display at the International Defence Exhibition (IDEX).

Tareq Abdulraheem Al Hosani, Secretary General, Tawazun Council, noted the launch of HelioTech is a “significant step” in advancing the UAE’s aviation, defence and security industry and will contribute to the growth and diversification of Abu Dhabi’s economy.

Abdulla Naser Al Jaabari, managing director and CEO of SDF, and chairman of HelioTech, underlined that aviation and urban mobility technologies are a part of SDF’s focus on its key strategic sectors.

HelioTech plans to set up international distribution, manufacturing and production.