AE-based aviation firm Helio Aviation Technologies focusing on designing and manufacturing aircraft is set to present its latest solutions at the International Defense Exhibition and Conference that kick-starts on Feb. 20 in Abu Dhabi.
UAE’s Strategic Development Fund, the investment arm of Tawazun Council, has announced that HelioTech, one of its latest additions to its venture investment portfolio, will focus on the design and manufacturing of its own proprietary and unique vertical take-off and landing aircraft for commercial and security applications.
It said HelioTech will initially concentrate on the development and production of manned and unmanned single-engine helicopters using coaxial technology.
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