{"id":5431,"date":"2025-10-14T16:12:00","date_gmt":"2025-10-14T12:12:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/economy\/ithca-movandi-oman-semiconductor-investment\/"},"modified":"2025-10-14T20:29:26","modified_gmt":"2025-10-14T16:29:26","slug":"ithca-movandi-oman-semiconductor-investment","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/economy\/ithca-movandi-oman-semiconductor-investment\/","title":{"rendered":"ITHCA&#8217;s $20M Investment in Movandi: A Strategic Boost for Oman&#8217;s Semiconductor Industry and Business Growth"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitv3sog-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitv3sog-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitv3sog-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitv3sogw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitv3soga{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitv3soga:hover{border-color:#dc262688}\r\n.hitv3sogg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p>MUSCAT: ITHCA Group, the technology investment division of the Oman Investment Authority (OIA), has committed $20 million to Movandi, a California-based company specializing in semiconductor and smart wireless technologies. This investment aims to advance Oman\u2019s capabilities in next-generation communications and chip design, aligning with the goals of Oman Vision 2040.<\/p>\n<p>Eng Said bin Abdullah al Mandhari, CEO of ITHCA, stated that this agreement represents the Group\u2019s strategic focus on forming valuable partnerships that facilitate knowledge transfer, nurture Omani talent, and establish a comprehensive technology ecosystem. He further revealed plans to create a national innovation centre dedicated to smart communications and semiconductors, in collaboration with universities and research institutions.<\/p>\n<p>As part of the deal, Movandi will inaugurate a Muscat office to serve as a regional hub for research, development, and collaboration. The company\u2019s offerings include RF chipsets, beam-forming systems, and smart antennas designed to improve network performance and reduce costs in both urban and remote locations.<\/p>\n<p>Movandi co-founder Maryam Rofougaran highlighted Oman\u2019s strategic advantage as a solid base for expanding into the Middle East and Asia. She commended the enthusiasm of Omani partners and government support for technology and talent growth. Describing this as Movandi\u2019s first major investment and partnership in the region, she emphasized plans to contribute actively to building a robust local ecosystem by training students and engineers, co-developing technologies, and supporting research and deployments through the new Muscat office.<\/p>\n<p>Rofougaran outlined that the Muscat office will facilitate national initiatives to localize advanced industries, strengthen university-industry collaboration, and boost Oman\u2019s participation in regional technology supply chains. She detailed Movandi\u2019s business strategy and intellectual property roadmap, with initial efforts focusing on expanding millimeter-wave technology sales regionally and globally while utilizing the Oman-based team for R&#038;D and technological advancements.<\/p>\n<p>The second phase will concentrate on developing new satellite space and terminal chipsets, leveraging Movandi\u2019s existing intellectual property to fast-track market entry, with projected revenue growth through strategic partnerships with major rocket and satellite firms by 2027. The third phase targets the creation of high-speed data-centre transceivers, based on prototypes and system collaborations, with expected validation alongside industry leaders like NVIDIA and revenue generation from 2030 onwards.<\/p>\n<p>The partnership includes establishing a design centre to harness Oman\u2019s expanding technology ecosystem and talent pool. Movandi\u2019s presence in Oman is expected to accelerate high-tech industry growth, collaborate with key local stakeholders to unlock economic opportunities, and position Oman as a regional leader in semiconductors and communications, serving as a base to support operations across the MENA region.<\/p>\n<p>Al Mandhari affirmed that this collaboration will strengthen Oman\u2019s role as a regional hub for future technologies and the digital economy, while cultivating national expertise in a sector critical to the development of next-generation networks and services.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/p>\n<p>Oman\u2019s $20 million strategic investment in Movandi marks a bold step toward establishing the Sultanate as a <strong>regional leader in next-generation semiconductor and smart wireless technologies<\/strong>. This partnership creates a significant opportunity for businesses and investors to capitalize on Oman\u2019s growing tech ecosystem, particularly in smart communications and chip design, while positioning the country as a <strong>tech innovation hub for the MENA region<\/strong>. Smart investors and entrepreneurs should now prioritize <strong>collaborations in R&amp;D, talent development, and integrated technology solutions<\/strong> to leverage this expanding digital economy and future-proof their ventures amid global tech advancements.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ITHCA Group, part of Oman Investment Authority, invested $20M in Movandi, a US-based semiconductor and smart wireless solutions company, to boost Oman\u2019s next-gen communications under Vision 2040. Movandi will open a Muscat office as a regional R&#038;D hub.<\/p>\n","protected":false},"author":11,"featured_media":5432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[166,2417,2418],"class_list":["post-5431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-oman-vision-2040","tag-semiconductors","tag-smart-wireless"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/10\/3158935.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/5431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=5431"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/5431\/revisions"}],"predecessor-version":[{"id":5433,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/5431\/revisions\/5433"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/5432"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=5431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=5431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=5431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}