EDGE Group
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Native name | Arabic: مجموعة إيدج ش.م.ع |
|---|---|
| Company type | Public Joint Stock Company |
| Founded | November 5, 2019 in Abu Dhabi, United Arab Emirates |
| Headquarters | , |
Area served | Worldwide |
Key people | Faisal Al Bannai (CEO & MD) |
| Revenue | (USD 5B +) |
Number of employees | 12,000 |
| Website | edgegroup.ae |
EDGE is an advanced technology group that develops disruptive solutions for defence and beyond. It's headquartered in the United Arab Emirates (UAE).
History
On 5 November 2019, EDGE was formed consolidating more than 25 entities, from Emirates Defence Industries Company (EDIC), Emirates Advanced Investments Group (EAIG), Tawazun Holding, and other independent organisations.[1] The company has a combined annual revenue of over US$5 billion and has more than 12,000 employees working across its five core clusters: Platforms & Systems, Missiles & Weapons, Cyber Defence, Electronic Warfare & Intelligence, and Mission Support.[2][3]
At Dubai Airshow 2019, EDGE was the official Advanced Technology Partner. The group’s 11 participating entities showcased their range of capabilities which included unmanned aerial vehicles, long-range munitions including the UAE-made ADASI RW-24. AMMROC also announced its plans to open a maintenance facility connected to Al Ain International Airport.[4]
EDGE's entity HALCON signed a US$1 billion contract in November 2019 to deliver its Desert Sting lightweight precision guided missiles to UAE Armed Forces.[5]
Later, GAL part of the EDGE group, signed a contract with Kenya’s Ministry of Defence to provide MRO services to the Kenyan Air Force. GAL also signed an AED 3.5 billion support contract with the UAE’s Joint Aviation Command.[6][5]
EDGE joined Tawdheef, the UAE’s leading event for Emiratisation,[7] and the second edition of the biennial Mohamed bin Zayed International Robotics Challenge 2020 (MBZIRC 2020), as the official Advanced Technology Partner in January 2020.[8]
EDGE’s ADASI also unveiled the first VTOL made in UAE drone at UMEX in February 2020.[9]
According to CNBC, the goal of the company is to produce its own defence products and rely less on US and other importers.[4]
Subsidiaries
- NIMR[10]
- Caracal[11]
- AMMROC
- Abu Dhabi Ship Building
- Al Tariq
- EARTH
- ADASI
- Al Hosn
- Al Jasoor
- Al Taif
- APT
- Beacon Red
- EPI
- ERS
- Jaheziya
- ETS
- GAL
- Halcon
- Horizon
- Knowledge Point
- Lahab
- Remaya
- SIGN4L
- SIM
References
- ^ Helou, Agnes (6 November 2019). "UAE launches 'Edge' conglomerate to address its 'antiquated military industry'". Defense News. Retrieved 1 January 2020.
- ^ "Abu Dhabi defence group Edge looks to smart technology to tackle low-tech militants". The National. Retrieved 2020-06-08.
- ^ "Could EDGE boost R&D in the UAE?". Wamda. Retrieved 2020-06-08.
- ^ a b Turak, Natasha (2019-11-18). "The UAE, a major US weapons buyer, is building its own defense capabilities". CNBC. Retrieved 2020-07-01.
- ^ a b "Can EDGE help the UAE build a new market?". Army Technology. 2020-01-23. Retrieved 2020-06-08.
- ^ "Will a new domestic defence giant give the UAE an edge in the global market? - Global Defence Technology | Issue 107 | January 2020". defence.nridigital.com. Retrieved 2020-06-08.
- ^ "EDGE Joins Tawdheef as Advanced Technology Partner". Construction Business News Middle East. 2020-01-21. Retrieved 2020-07-01.
- ^ "EDGE announced as Advanced Technology Partner for Mohamed bin Zayed International Robotics Challenge 2020, organised by Khalifa University". wam. Retrieved 2020-07-01.
- ^ "UAE's first locally-made drone unveiled at Umex". The National. Retrieved 2020-06-18.
- ^ "NIMR". nimr.edgegroup.ae. Retrieved 2019-01-01.
- ^ Awad Mustafa (2015-02-21). "EDIC Acquires 5 More Companies". defensenews.com. Retrieved 2017-11-14.