PatentsAfrica
South African Defence Firms Allege Unauthorized Transfer of Military IP to UAE Entities
Paramount Group and Denel SOC Ltd under investigation for possible misappropriation of sensitive defence intellectual property linked to UAE state-owned companies
South African defence companies Paramount Group and Denel SOC Ltd are at the center of an investigation by the Special Investigating Unit (SIU) into allegations that military intellectual property was unlawfully transferred to United Arab Emirates (UAE) government-controlled firms. Paramount has cooperated with the pr…