Beijing-based Hoverwing Technology (also known as Hangyi Technology) showcased the HW150V hybrid vertical take-off and landing (VTOL) unmanned aerial vehicle (UAV) at the World Defense Show (WDS) 2024 held in Riyadh from 4 to 8 February. The.
CEO of Barzan Holdings Abdullah Al-Khater said the company aims to strengthen defense industries and attract defense technology to Qatar. In an interview with Asharq Al-Awsat on the sidelines of the World Defense Show, which concluded in Riyadh on Friday, Al-Khater said the company’s work is based on different axes, namely domestic and foreign investment in defense technology and supporting the Qatari Ministry of Defense in acquisitions and purchases and building local defense capabilities.
The second edition of the World Defense Show 2024 concluded in Riyadh with the signing of 61 purchase contracts worth $7 billion. Over 773 participants and more than 441 Saudi delegations representing 116 countries participated in the show, and more than 106,000 visitors arrived at the pavilion. The show also witnessed the signing of 73 agreements, including 17 industrial participation agreements.