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Establishment of REYNS GCC HOLDINGS W.L.L.

Issued Date: 20/12/2023 – We are delighted to announce the official establishment of REYNS GCC HOLDINGS W.L.L. proudly registered in the Kingdom of Bahrain, CR 170891 - 1.

This landmark Holding Company is a collaborative endeavor led by the visionary co-founders and co-inventors of REYN Systems, David Busuioc and Sever-Sorin Busuioc, in strategic partnership with Mr. Fareed Bader.

A seasoned professional with four decades of experience, Mr. Bader (fareedbader.com) is not only a distinguished business icon in Bahrain but also serves as the Chairman of Bader Group of Companies and holds multiple pivotal roles, including Chairman of the Industries Committee at Bahrain Chamber of Commerce.

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Key Highlights:
Unaltered Proprietorship:
REYNS GCC HOLDINGS W.L.L. maintains distinctive ownership, exclusively focusing on managing investments in subsidiary companies, providing a robust structure for ownership and management control.

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Phase 1 Developments – scheduled for Q1 2024:
In the initial phase, REYNS GCC HOLDINGS W.L.L. will establish GCC businesses, namely REYNS SAU W.L.L. (in KSA), or alternatively, REYNS UAE W.L.L. (in UAE), and REYNS BHR W.L.L. (in Bahrain). These entities will be engaged in the manufacturing, assembly, flight testing, training, and commercialization of REYNS heavy-lift UAVs. Ownership of REYNS SAU/UAE/BHR will involve REYNS GCC HOLDINGS W.L.L., strategic private investors, strategic partners, and technology promoters.

Short-term Goals for REYNS SAU/UAE/BHR:

  • Establishing a physical presence in the GCC, relocating, and commencing production operations.

  • Launching an intensified phase of continuous development, concentrating on enhancing heavy-lift drone technology features and capabilities.

  • Expanding ongoing market research to validate product-market fit and identify primary use cases for heavy-lift drones.

Long-term Goals:

  • Enhancing and solidifying a robust presence across GCC countries, positioning as a leading exporter worldwide.

  • Leading in technological advancements, seamlessly integrating heavy-lift drone technology into various industries.

Phase 2 Developments – scheduled for Q2 2024:
REYNS GCC HOLDINGS W.L.L. is also set to pioneer the groundbreaking

Canadian-Bahraini Hub for TechNexus Innovations and Research (CABATECH Hub) in Bahrain.

CABATECH Hub: A Beacon of Collaboration and Innovation:
The Canadian-Bahraini Hub for TechNexus Innovations and Research introduces a unique model for collaborative research, accessible to GCC's public sectors, private organizations, universities, and regional and international research institutes.

Vision for CABATECH Hub:
REYNS GCC HOLDINGS W.L.L.'s vision for CABATECH Hub is to elevate industrial competitiveness in Bahrain and other GCC countries, fostering technological innovation and corporate commitment through collaborative research and development.

Initial Technological Focus – REYNS Decalogue of Technological Excellence:
State-of-the-art products, integrations, and services addressing and solving complex engineering problems. Focusing on:

  1. Nationally and Regionally Scaled-Up Reverse Engineering through Partnerships with Private Industrial Firms, Public Organizations, and Academic/Research Institutions:
    In alignment with our commitment to technological excellence, we are expanding our reverse engineering operations on a national and regional scale. This strategic initiative involves the integration of highly accurate sensing, solid modeling, and spare parts manufacturing to address complex challenges in reverse engineering. By focusing on key industries in Bahrain and the GCC, we aim to contribute significantly to industrial growth. To achieve this, we are dedicated to the following objectives:
         Surveying International Purchases of Large Domestic Companies:
    Conducting thorough surveys of the international purchases made by prominent domestic companies. This strategic analysis aims to identify opportunities for reverse engineering, ensuring that CABATECH Hub aligns its capabilities with the evolving needs of the market.
         Selecting Viable Industrial Products and Services for CABATECH Hub:
    Rigorously evaluating industrial products and services to identify those most viable for provision through CABATECH Hub. This process involves a meticulous selection of offerings that align with our technological expertise, ensuring that we deliver solutions that meet the highest standards of quality and innovation.
         Providing Technical, Managerial, and Financial Guidance:
    Offering comprehensive guidance to our clients, encompassing technical, managerial, and financial aspects. Our commitment is to provide expert counsel that goes beyond the technological realm, ensuring that our clients receive holistic support for their projects. Through this approach, we aim to foster enduring partnerships and contribute to the overall success of our clients in the ever-evolving industrial landscape.
    This multifaceted approach underscores our dedication to not only meet but exceed the expectations of our clients, thereby positioning CABATECH Hub as a trusted leader in the realm of reverse engineering and industrial solutions.
     

  2. Remote Sensing Technologies for Spatial Data Collection:
    Spearheading advancements in remote sensing technologies for comprehensive spatial data collection, ranging from subterranean to terrestrial and airborne domains. Our focus is on harnessing state-of-the-art sensors to acquire precise and diverse datasets, enabling informed decision-making across a spectrum of applications.
     

  3. Application Development for UAV-Sensor Integrations:
    Driving innovation in application development tailored for seamless integration of Unmanned Aerial Vehicles with cutting-edge sensor technologies. This initiative aims to optimize data acquisition and processing capabilities, offering solutions that enhance the versatility and efficiency of UAV-based operations.
     

  4. AI Implementations for Visual Positioning Navigation:
    Pioneering the integration of AI to revolutionize visual positioning navigation. Our commitment involves developing intelligent systems that utilize AI algorithms to enhance accuracy and reliability in visual-based navigation applications, ensuring optimal performance in diverse environments, both indoor and outdoor.
     

  5. Robotic Systems:
    Exploring advanced robotic systems to enhance our technological portfolio. This includes the development and integration of robotic solutions tailored for diverse applications, from industrial automation to intricate tasks requiring precision and adaptability.
     

  6. Earth Data Analytics:
    Pioneering in Earth Data Analytics to extract actionable insights from geospatial information. Our focus involves leveraging advanced analytics tools to interpret complex Earth data sets, facilitating informed decision-making and innovative problem-solving across various industries.
     

  7. AI-Upgrading of Our Proprietary Expert Systems for Solid Modeling:
    Advancing our proprietary expert systems through the integration of cutting-edge artificial intelligence technologies. This initiative aims to enhance the efficiency and accuracy of our solid modeling processes, ensuring the delivery of sophisticated solutions in line with evolving industry standards. Our commitment to continuous improvement involves the seamless integration of AI to optimize modeling outcomes and stay at the forefront of technological innovation.
     

  8. AI-Based User-Friendly Graphical Utilities:
    Innovating user-friendly graphical utilities powered by AI for effective visual (meta)data management. Our focus is on developing intuitive AI-driven tools that simplify the complexities of visual data management, fostering enhanced usability and facilitating seamless access to critical information for our clients.
     

  9. Ensuring an Enhanced Sustainable Canadian Technology Transfer:
    In our steadfast commitment to advancing Canadian technology transfer, we are dedicated to fostering a sustainable and impactful exchange of technological innovations. This strategic initiative encompasses a multifaceted approach, including robust partnerships with industry leaders, academic institutions, and research organizations. Our collaborative approach accelerates knowledge transfer, enhances the Bahraini and GCC tech landscapes, and contributes to global competitiveness.
     

  10. Empowering Industrial Partners in Bahrain and the GCC through Capacity Building:
    Dedicated to strengthening the capabilities of industrial partners, our tailored capacity-building programs aim to elevate workforce skills, foster innovation, and enhance operational efficiency. Through strategic collaboration, we drive sustainable growth in the regional industrial landscape, ensuring our partners thrive in a dynamic business environment.

Commitment to Innovation:
Both Bahraini and Canadian co-owners of REYNS GCC HOLDINGS W.L.L. are unwaveringly dedicated to advancing national and international innovation platforms. They bring their special expertise to lead collaborative research, ensuring its materialization through advanced product development and industrialization, lean manufacturing, capacity building and technology transfer programs, and commercialization.

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