Venture will deploy and commercialize Level-4 autonomous driving technologies.
Space42 (ADX: SPACE42), the UAE-based AI-powered SpaceTech company with global reach, and Autonomous A2Z, South Korea’s autonomous driving company, have established a joint venture to advance autonomous vehicle (AV) technologies across the UAE. Announced ahead of DRIFTx during Abu Dhabi Autonomous Week 2025, the venture builds on the MoU signed between the two companies earlier in October, evolving from partnership to execution, driven by the strong demand for scalable autonomous mobility solutions.
The venture will expand access to Level-4 AVs, retrofit existing fleets with autonomous capabilities, and deliver vehicle-to-everything (V2X) technologies and related services, helping advance safe, intelligent, and commercially viable driverless mobility.
Hasan Al Hosani, CEO of Smart Solutions at Space42, said, “Our joint venture is another strategic step in realizing Autonomy 2.0, the UAE’s next phase of intelligent, adaptive, and data-driven mobility. It embodies our vision to establish sovereign autonomy infrastructure built on data, AI, and world-class safety standards. Together, we are enabling technologies that will shape the UAE’s mobility ecosystem and position the nation at the forefront of global mobility innovation.”
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