Riyadh, Saudi Arabia – 17 February 2024 – Dexory, a leader in AI-powered robotics, and Al Masarat Holding have signed a Memorandum of Understanding (MOU) to explore opportunities for implementing cutting-edge robotic solutions in logistics and manufacturing within Masarat Mobility Park.

The MOU was signed during the Private Sector Forum, organized by the Public Investment Fund (PIF), highlighting the commitment of both organizations to drive technological advancements in Saudi Arabia’s logistics and manufacturing sectors. This collaboration aligns with PIF’s broader vision of fostering innovation and digital transformation across key industries.

This strategic collaboration aims to integrate AI-driven automation and digital twin technology into supply chain operations, optimizing efficiency and advancing the region’s logistics infrastructure. The agreement, effective until February 12, 2028, outlines key initiatives, including:

• Technology Deployment: Implementing AI-powered robotics to enhance operations in logistics and manufacturing facilities, while fostering skill development in AI and robotics.
• Service Promotion: Offering these advanced automation solutions to tenants and customers within Masarat Mobility Park, improving real-time tracking and minimizing resource wastage.
• R&D and Production Hub: Establishing Dexory’s production, research, and testing facility within Masarat Mobility Park to develop state-of-the-art solutions for local, regional, and international markets.

This partnership aligns with Saudi Arabia’s vision to become a global hub for innovation and smart logistics, leveraging advanced robotics to drive efficiency and competitiveness in the industry.

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