Saudi company SERB is in talks with China's Aviation Industry Corporation (AVIC) to collaborate on unmanned aerial vehicles (UAVs) technologies.
Talks are focused on Chengdu Wing Loong-3 UAV.
SERB also aims to secure a transfer of technology (TOT) agreement with AVIC.
The note provides a comprehensive overview of the following aspects:
- The status of talks
- The technologies SERB aims to acquire under TOT
The note also mentions a bigger plan for SERB behind this potential partnership.