Masdar-BP initiative backs three start-ups

  • Date: 18-Jan-2020
  • Source: Trade Arabia
  • Sector:Technology
  • Country:UAE
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Masdar-BP initiative backs three start-ups

"We are pleased to welcome our new companies to The Catalyst, the region's first clean technology accelerator focused on sustainable growth.. The second start-up, Key Technologies, is a company developing a high-tech, autonomous, ultra-long-distance surveillance system, which has been granted $190,000 and an office space at Masdar City.. Volts, the third start-up to receive Catalyst support, is developing a smart battery management system that can power an entire house from a renewable energy source.. The Masdar City Free Zone announced new free zone packages at last year's Gitex Technology Week, offering start-ups and companies competitive leasing and registration fees..