Overview
MD's is not like most other innovation corporations out there. In fact, MD's conducts business in a very different way. You could say this applies to the way the Consortium is run.
When you think about a Giant innovation Consortium like MD's, non-profit is certainly not the first thing to come to your mind. ... The fact of the matter is that yet, MD's is, in fact, a non-profit organization. But there’s more to it than that.
There is a surprising thing about the foundation of MD’s that is often overlooked. Although, Dawood native family is a Hashemi (Abbasids), they live between Hijaz and part of them in Iraq - (Samarra), but he was actually (Iraqi citizen) born, in 1890. Hailing from Baghdad, the young Dawood first entered the Armaments making industry since 1911, while working in The Mesopotamian campaign was a campaign in the Middle Eastern theatre of World War I fought, Dawood 's served under the authority of the Ottoman Empire till the end of 1916 as a (officer), lieutenant, and first lieutenant, within 6 years.
Dawood's. He became convinced very early on, that Opportunities in the automotive industry seem nearly endless. As a new product development of many the automotive industrials, and the spurring rise during the World War I, are significant tailwinds benefitting the automotive industry's growth, and would become far more popular provided their construction could be adequately shored up to withstand the rigors of daily life.
Dawood's passed away in 1979, and his passion for innovation passed on to his grandson Muayad after his death, who soon decided to choose the path of his grandfather Dawood's work in a short time to enter the world of innovation, and both of them created a miracle history. However, Muayad decided to keep pace with the new world of transportation, which is the aircraft industry, and then national security engineering and as innovation specialist for the developing and protecting the communities.
The fact of the matter is that MD's Consortium, is, in fact, a non-profit. But there's more to it than that. MD Consortium, Innovation company – MD Consortium, – is owned by the Muayad S. Dawood Alsamaraee. Muayad, was the founder of MDs as a Consortium, and established the innovation foundation in 1984.
Non-profit organization is a type of organization that do not earn profits for its owners. All of the money earned by or donated to a non-profit organization is used in pursuing the organization's objectives and keeping it running. Typically, organizations in the non-profit sector are tax-exempt charities or other types of public service organizations, and as such, it is not required to pay most taxes. In a non-profit organization, income is not distributed to the group's members, directors, or officers.
So, you might be wondering what a non-profit organization, does with all of its money? Today, MD Consortium, invests a large part of its profits to can innovation help the developing community.
The role of innovation as MD's perspective:
· Economic growth.
· Increased well-being.
· Reduced sickness, poverty and hunger.
· Communication and educational accessibility.
· Environmental sustainability.
With that said, being a non-profit organization does not mean that the company has no interest in making money and seeing good numbers. However, what it does allow, that sets MD's Consortium, apart from its competitors is the fact that it has no shareholders or investors whom may want to have a say in how the Consortium is run.
MD Consortium, is perhaps the most secretive company in the Innovation industry. There is limited information shared with the public, including things such as material sourcing, but also financials.
What allows MD Consortium, to operate its company so secretively can also be attributed to its non-profit status and MD Consortium, has no shareholders that demand insight into the company and detailed reports about its financials.
MD Consortium, still works hard to improve and innovate its products, and of course, has an interest in growing bigger and better.
Muayad Alsamaraee, the founder and president of MD's Consortium, and Chief Innovation Officer, is intensely curious about the complex needs and behaviors associated with large-scale industrial plant construction projects. His expertise in megaprojects is built on decades of research on the unique challenges of these complex investments, particularly in the areas of Aerospace (Aircraft Manufacturing), Defense and Security Industries, and minerals Positioning resources exploring by Earth's Magnetic Anomaly Field solutions.
Muayad, created JAI’s has industrial expertise and high-value technologies, including the knowhow of the ex. and the excellent history and references of the "SAMA-CH2000-2000A/ SAMA-2020G2/ CH8000" type certificates, which had licensed, and its technology transferred (to Jordan according to the TA5CH certificate). MD’s, was invented and developed several intellectual properties and designs to assist JAI’s. … IAMI's need to shorten the time and start where JAI’s completed, parallel with the support of MD's to be continuing to assist IAMI's.
To a product manufactured in an developing country (ORDER JO 7360.1 page A40) to become compatible with the specifications required to the FAA, for Mideast, African and Asian regions, and the cost of what was spent to assess the company to reach the possession of several type certificates, for aircraft to be relicensed based on the original design under CARC of Jordan, and related to the ICAO, the cost equivalent to 44 million US $ as rated by McNeal & Associates Consultants – an Canadian Company, In the year of 2011.
The commercial value of JAI's possible to reach hundreds of million USD, with the MD's UAM Urban Air Mobility concept designs.
Muayad Al-Samaraee has invented a new physical principle related to The TSAMA E Series aircraft it will be TSAMA - VTOL Submersible Modular Aircraft, Future Vertical Lift (FVL), Optionally Piloted Aircraft (OPA)., which he has announced since 2013.
Future Vertical Lift (FVL) is a plan to develop a family of military helicopters for the Armed Forces. Five different sizes of aircraft are to be developed, sharing common hardware such as sensors, avionics, engines, and countermeasures. The Armies has been considering the program since 2004.
25 years of development and innovations and success with its predecessors. Built to thrive on the modern battlefield, including shipboard operations, the TSAMA E1/E2 R aircraft is designed to be intelligent, reliable, low maintenance and survivable in the most austere and remote forward operating bases.
Optionally piloted aircraft or Uncrewed aerial systems have become one of the most researched and pursued military technologies from the past decade and the market for drones and UAVs has grown exponentially. Their capabilities have advanced with the shifting of operational requirements, whether it be with ISR assets for long range reconnaissance missions, soldier-born battlefield awareness mini UAS or for remotely piloted combat drones for precision strikes. Demand for these indispensable capabilities has led to further development of their technical abilities.
TSAMA E series as an Advancing Autonomous Systems. ... Specifically, MD's Development project of TSAMA E Series, focus on the future fleet architecture of unmanned maritime vehicles, both unmanned surface vehicles, and unmanned undersea vehicles, and their autonomous capabilities.
The TSAMA E1/E2 R has been designed-calculated and built to the exacting standards of the Marine Corps and will serve as its critical land and sea-based logistics connector. The new heavy lifter will allow the Marine Corps and international militaries to move troops and equipment from ship to shore, and to altitude terrain, more quickly and effectively than ever before.
The TSAMA E Series aircraft it will be TSAMA - VTOL Submersible Modular Aircraft, Future Vertical Lift (FVL), Optionally Piloted Aircraft (OPA). … The TSAMA - (T)Tandem Ducted-fans, (S)Submersible, (A)Amphibious, (M)Modular Standalone-Units, (A)Artificial Intelligence Ability, project contains more than 17 innovations as a strategic intellectual property related to TSAMA submersible aircraft, has been innovating, the development stared from 2003 and will be ready for service in 2027. ... It should be noted that these are unexpensive aircraft, it will not take a number of years to accumulate a significant number of TSAMA aircraft.
A nonprofit organization (NPO) is one that is not driven by profit but by dedication to a given cause that is the target of all income beyond what it takes to run the organization. Because of this, NPOs receive tax-exempt status from the government, meaning they don't have to pay income tax.
A consortium is a group made up of two or more individuals, companies, or governments that work together to achieving a common objective. Entities that participate in a consortium pool resource but are otherwise only responsible for the obligations that are set out in the consortium's agreement. ... Nonprofit holders in the innovation-community which is follow MDs, defined the need of capacity to building consortium. The nonprofits come together as a community and build capacities among and between nonprofits as a way to creatively meet of some growing challenges.