Advanced Electronics Company Research Report

Company Overview

Name: Advanced Electronics Company (AEC)

Mission of the Company: The company is dedicated to continuously developing and diversifying its offerings by aligning business strategies with its customers’ priorities, establishing long-term strategic partnerships, and empowering its national workforce by adhering to the highest professional and ethical standards.

Founded: 1988

Founders: No information is available

Key People:

Mr. Ziad Bin Hamoud Al-Musallam: Chief Executive Officer

Mr. Abdullah Bin Khalid Al-Qadi: Executive Vice President, Shared Services and Corporate Affairs

Mr. Fahd Al Naim: Executive Vice President, Business Sector

Mr. Hisham Bin Abdulaziz Al-Makhzoumi: Executive Vice President, Engineering and Operations

Headquarters: Riyadh, Saudi Arabia

Number of Employees: Over 3,450 employees

Revenue: No information is available

Known for: AEC has a strong reputation in electronics manufacturing, engineering, and providing high-tech solutions in various sectors including defense and aerospace, digital business, energy, and security.

Products and Services

Defense and Aerospace

Control and Command Systems: Integrating products and systems to supply field-appropriate information, providing key surveillance, technology, equipment, and services to support military operations.

Digital Business

IT and Communication Services: Providing digital solutions, smart platforms, technical support, and tailored IT and communication solutions to enhance national IT and communication capabilities.

Energy

Smart Energy Solutions: Producing clean energy technologies, smart grid solutions, smart meters, and renewable energy systems.

Security

Cybersecurity Solutions: Offering protection against cyber threats and ensuring safety of information assets.

Recent Digital Solutions:

Smart Meters (ADDAD 7): Digital energy meters that offer precise energy measurements and demand quantities.

Recent Developments

GITEX 2024 Participation: AEC participated in GITEX Global 2024, highlighting its innovations in AI, cybersecurity, and smart city technologies, aligning with Saudi Arabia's Vision 2030.

Aramco Licensing Agreement: Signed an agreement with Saudi Aramco Technology to license the "Raqib" safety system for workplace safety, utilizing IoT and AI technologies for risk reduction.

25-Year Partnership with King Saud University: Celebrated 25 years of partnership, supporting the Best Graduation Project Award to foster exemplary academic talents in engineering and technology sectors.

Global AI Summit Contribution: Participated as a contributing sponsor in the Global AI Summit, showcasing advanced AI-driven surveillance and security solutions.

Agreement with Nupco: Collaborated with Nupco to supply IT infrastructure solutions, enhancing local content through manufacturing and maintaining medical devices.

Strategic Partnerships

Joint venture with THALES to offer simulation and testing solutions across multiple lines of business.

Collaborations with entities such as Nupco and Aramco to enhance Saudi Arabia's technological landscape with a focus on digital health solutions and workplace safety innovations.

Conclusion

Advanced Electronics Company continues to be a leader in technological innovation, with a significant focus on supporting Saudi Arabia's Vision 2030 through strategic partnerships, local capability building, and cutting-edge product offerings. The company maintains a dominant presence in military, energy, digital, and security sectors, enhancing its role as a key contributor to national and regional advancements.