Abu Dhabi’s Advanced Technology Research Council (ATRC), the entity mandated to shape the emirate’s technology ecosystem, has announced the launch of VentureOne, a new commercialisation arm.
VentureOne aims to bring innovative research solutions to market at speed and monetise all intellectual property (IP) being generated, a statement said.
Three specialised advanced technology research centres – in propulsion, alternative energy and biotechnology – were also launched to coincide with ATRC’s first anniversary, bringing the total number of deep-tech research entities within its umbrella to 10.
VentureOne is to help facilitate IP creation, strengthen the start-up ecosystem and boost the market viability of the research breakthroughs to ensure that they go mainstream and impact the broadest cross-section of the global population, the statement added.
With aerospace and space becoming key national priorities for the UAE, the propulsion research centre is engaged in technologies that enable aerial vehicles to increase performance with regard to speed and range, fuel efficiency, emissions, noise, landing field length and handling.
As the impact of climate change reaches critical levels, the alternative energy research centre is focused on enabling water security and ensuring improved and varied tech applications while the biotechnology research centre is engaged in strengthening the UAE’s research and development capabilities in genetic engineering, biomaterials, and autonomous devices.
Faisal Al Bannai, secretary-general of the ATRC, said: “There was initial scepticism about the ability of a young entity to achieve what many established research hubs have been unable to do – attract global talent and patent breakthrough solutions right here to give the country greater autonomy in the advanced technology space.”
Al Bannai also underscored the focus on growing human capital, and driving the UAE’s digital, technical, and scientific excellence as higher goals for the entities.
In the past 12 months, ARTC’s applied research pillar, Technology Innovation Institute’s research centres have signed 65 partnership agreements with 37 universities, research centres and industrial stakeholders worldwide.
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