Mubadala Sets Up Engine Financing Firm
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8 February 2010
Mubadala Aerospace has set up a new firm, Sanad Aero Solutions, to provide engine financing support to airlines and original equipment manufacturers (OEM).
With spend on aircraft maintenance to grow at $40bn a year, Mubadala plans to capture a larger share of the maintenance, repairs and overhaul (MRO) market, according to Channel NewsAsia.
Sanad Aero Solutions will be the first to provide component and engine financing in the Middle East.
The firm will provide $100m in engine financing to Air Berlin that covers 12 spare engines and maintenance work for the most of its fleet for ten years.
Comptek Technologies Joins Qualcomm Smart Cities Accelerator Program, Providing Smart Infrastructure for 5G and Emerging Technologies
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BOULDER, Colo., May 4, 2021 /PRNewswire/ Comptek Technologies (Comptek), LLC, today announced it has joined the Qualcomm® Smart Cities Accelerator Program. Comptek is an Aero Wireless Group company and provider of smart city infrastructure. Comptek joins an ecosystem of providers that deliver end-to-end solutions to enable the rapid deployment of IoT and smart city technologies.
Comptek designs and manufactures concealment poles, street light structures and support poles, and concealment shrouds that transform or replace existing vertical structures into smart infrastructure. The company s thoughtful approach to design and engineering considers the need to rapidly deploy wireless networks, while highlighting the municipalities responsibility to protect the rights-of-way and preserve the