Danantara, France's Thales to explore AI, defense investment cooperation
The cooperation aims to explore critical sectors such as defense and cyber technologies for long-term innovation and national resilience toward potential involvement of SOEs, as Danantara eyes AI infrastructure development.
Danantara, Indonesia's state asset fund, has teamed up with French defense firm Thales to explore AI, defense, digital, and cybersecurity investments. The memorandum of understanding (MoU) aims to boost Indonesia's economic competitiveness, innovation, and resilience through strategic technology industries. The four key areas of focus include defense systems, digital technologies, cybersecurity, and AI infrastructure development.
Danantara's CTO and managing director of strategic technology initiatives, Ricardo Irwan Rei, expressed optimism about the partnership, stating that it will create high-skilled jobs, strengthen industrial capabilities, and foster sustainable economic growth. The MoU also opens doors for potential investments in defense technology manufacturing, airport security, AI use cases, and post-quantum technologies.
The collaboration combines Thales' technological expertise with Danantara's investment capabilities, potentially leading to advancements in local industries and public services.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
