KACST Grants 2 Licenses for Modular Construction, Carbon Nanotube Commercialization
The King Abdulaziz City for Science and Technology (KACST) announced, as part of the Public Investment Fund and Private Sector Forum, the granting of two technology licenses to Al-Seif Engineers & Contractors for the commercialization of modular construction technologies and carbon nanotube technologies.
Granting these technology licenses aligns with KACST's role as a national lab and innovation hub, turning R&D projects into marketable products, boosting innovation, expanding deep tech applications, advancing technologies. This also enhances local content to add value to national industries.
The technology licenses for the 'Modular Construction Technologies' and 'Carbon Nanotube Technologies' projects support the Kingdom's Vision goals for the development of the construction sector through innovations in building materials, advanced construction technologies such as robotics and automation systems, and green buildings, which aim to improve efficiency, quality, and sustainability in research support.
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