Hyprlift Signs MoU With Azizi Developments

U.A.E.-based Azizi Developments has signed a non-binding Memorandum of Understanding (MoU) with Hyprlift, a U.S.-based innovator in advanced vertical-transportation systems, to explore the potential application of ropeless elevator systems within selected Dubai developments, Trade Arabia reports. Under the deal, the two parties will undertake technical studies, integration planning and feasibility assessments to evaluate end-to-end requirements from design and installation through testing, commissioning, operations and ongoing maintenance. Hyprlift founder and CEO James Hutchinson said the MoU reflects a shared ambition to rethink vertical mobility and place advanced technology at the heart of modern buildings. Azizi said it currently has around 150,000 units under construction, valued at several tens of billions of U.S. dollars. The company is renowned for developing the world’s second tallest skyscraper, Burj Azizi, as well as the master planned communities of Azizi Riviera, Azizi Venice and Azizi Milan in Dubai.