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.
Red Sea Farms, a KAUST agriculture technology spinout, placed third at the Entrepreneurship World Cup (EWC) and won $150,000. The startup specializes in saltwater greenhouse technology to reduce the dependence on fresh water for irrigation. Red Sea Farms recently received $1.9 million USD in seed funding from KAUST's Innovation Fund and Research Products Development Company to build a pilot greenhouse. Why it matters: This award and funding will enable Red Sea Farms to scale their production of saltwater tomatoes and address food system sustainability in water-scarce regions.
The Directed Energy Research Center (DERC) is partnering with Montena Technology to study high-altitude electromagnetic pulses and design infrastructure safeguards. DERC is also collaborating with Radaz to evaluate ground penetrating and synthetic aperture radars in Abu Dhabi, aiming to identify natural resources. Additionally, DERC and Université de Picardie Jules Verne are working on laser sources and sensors, with a DERC researcher spending four years in France. Why it matters: These partnerships enhance DERC's research capabilities in critical areas like infrastructure protection, resource exploration, and advanced sensing technologies.
The Red Sea Development Company (TRSDC) and KAUST have signed a Master Research Agreement (MRA) to collaborate on sustainability research. Prior collaborations included flora and fauna assessments and the Brains-for-Brine Challenge. The MRA focuses on marine environments, waste management, food production, energy conservation, and carbon sequestration. Why it matters: This partnership aims to develop regenerative tourism practices, preserve the Red Sea's biodiversity, and establish a model for sustainable tourism in the region.
Marcus Engsig from DERC will present a paper at the MATLAB User Group Meeting in Abu Dhabi on October 6. The paper, titled ‘Generalization of Higher Order Methods For Fast Iterative Matrix Inversion Compatible With GPU Acceleration’, discusses a novel approach to matrix inversion using GPUs. The method, named Nested Neumann, achieves 4-100x acceleration compared to standard MATLAB methods for large matrices. Why it matters: This research contributes to faster computation in numerical and physical modeling, crucial for processing large datasets in various scientific and engineering applications in the region.
KAUST and the National Center for Palm and Dates (NCPD) have entered a SR100 million agreement for research projects in the date palm sector. The agreement aims to improve production efficiency, develop innovative agricultural practices, and mitigate economic risks to palm trees. KAUST will leverage its expertise to create a genetic atlas for Saudi date varieties and adopt sustainable management practices. Why it matters: This investment highlights Saudi Arabia's commitment to its cultural heritage and economic diversification through advancements in a key agricultural sector.