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Press Releases April 27, 2016

Industrial And Technology Fair In Germany Puts The Spotlight On Strata’s Achievements

Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing company wholly owned by Mubadala Development Company, showcased the UAE’s aerospace ambitions at the world’s leading trade fair for industrial technology. The advanced composite aerostructures manufacturing facility participated in Hannover Messe, which was held in Germany from April 25 to 29.

Strata was among 10 UAE government bodies and 30 UAE companies that participated at the international event, which attracts more than 250,000 visitors each year. During the fair, Strata highlighted its contribution towards building a diversified and sustainable knowledge-based economy for Abu Dhabi.

Guided by Abu Dhabi’s Economic Vision 2030, Strata was established in the Nibras Al Ain Aerospace Park to manufacture composite aircraft parts for the world’s leading aircraft manufacturers such as Boeing and Airbus. Strata’s vision is to become one of the top three composite aerostructure manufacturing companies globally, and it was proud to share its success to date with an international audience at Hannover Messe.

Badr Al Olama, CEO of Strata, said: “Hannover Messe is one of the most important fairs within the manufacturing industry, and attracts key players from across the globe. Our participation was key to demonstrate the importance of manufacturing companies in the UAE and their impact on the global supply chain.

“Steered by the Abu Dhabi Economic Vision 2030, we have spent the past five years developing our capabilities to become a global competitor in the aerospace sector. It’s been an incredible journey so far, both in terms of our growth and our global reach.

“We are producing aircraft parts on an international scale by partnering with leading aircraft manufacturers such as Boeing and Airbus. We are also training and developing our local workforce to join the thriving aerospace industry, which is another key milestone in our path towards achieving the objectives of Vision 2030.”

Strata, among other national companies in the aerospace industry, strives to embody the vision articulated in the Abu Dhabi Economic Vision 2030. It aims to build a diversified and sustainable knowledge-based economy along with a qualified Emirati workforce.

Hannover Messe is a leading international trade fair that promotes key technologies and core areas of industry, including research and development, industrial automation, IT, industrial supply, production technologies, and services to energy and mobility technologies.