KAUST and Research Products Development Company (RPDC) have signed a partnership agreement to support technology commercialization and early-stage startups in Saudi Arabia. RPDC and the KAUST Innovation Fund will co-invest in startups and establish a joint mentorship and startup exchange program. RPDC will co-invest or match KAUST funding of up to $2 million into deep tech startups at the proof-of-concept, seed and series A funding stages. Why it matters: This collaboration aims to bolster the innovation ecosystem within Saudi Arabia, accelerating the transition of academic research to commercial applications.
The Research Products Development Company (RPDC) signed an agreement with The Saudi Vaccine and Biomanufacturing Center (SVBC) to establish a research and industrial center in Saudi Arabia for vaccine and biopharmaceutical development. Supported by KACST and hosted by KAUST, the SVBC will provide a state-of-the-art facility and a training platform. Cooperation agreements were also signed with GE for equipment supply and with Fujifilm Dayosent Biotechnology for MERS-CoV treatment development. Why it matters: This initiative aims to localize vaccine and advanced treatment industries in Saudi Arabia, create technical jobs, and reduce reliance on imports in line with Vision 2030.
Red Sea Farms, a KAUST spinout specializing in saltwater greenhouse technology, secured $1.9 million in co-investment from the KAUST Innovation Fund and Research Products Development Company (RPDC). Their system uses saltwater to grow crops, reducing freshwater and energy requirements up to tenfold. The investment will enable the company to build a 2,000 square meter saltwater greenhouse on the KAUST campus, with a goal of producing 50 tons of tomatoes annually by 2020. Why it matters: This investment supports sustainable agriculture innovation in the water-scarce Middle East, offering a model for reducing the environmental impact of food production.
Boeing has inaugurated a new Research & Technology office at KAUST's Research and Technology Park, marking Boeing's first research center in a university within the GCC. The office will focus on R&D in aerospace technologies, building on Boeing's partnership with KAUST since 2009. Boeing is currently collaborating with KAUST on six major projects in areas like advanced materials and solar power. Why it matters: The establishment of this office signifies a deepened commitment to R&D in Saudi Arabia and the region, leveraging KAUST's resources to advance aerospace technologies.
Dow Chemical Company signed an agreement with KAUST to expand its facilities at the KAUST Research & Technology Park by constructing a new 13,500 sqm Dow Middle East Research and Development (R&D) Center. Construction, led by KAUST and designed to meet LEED silver certification, was set to begin by the end of 2015 and accommodate up to 75 Dow R&D employees. The facility will house advanced labs for water treatment research and expand capabilities in oil and gas, construction, and coatings. Why it matters: This expansion underscores the commitment to regional innovation and developing science-based solutions for challenges related to water, energy, and infrastructure in the Middle East.