Mohamed bin Zayed Inaugurates EDGE, An Advanced Technology Conglomerate, Poised to Transform Defence Industrial Capabilities
Leveraging advanced technologies, EDGE will evolve national security solutions and industries beyond defence
Phase 1 integrates 25+ entities from Emirates Defence Industries Company, Emirates Advanced Investments Group and Tawazun Holding
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Abu Dhabi – United Arab Emirates: 5 November, 2019 – His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces today inaugurated EDGE, a company set to reposition the UAE as a notable global player in advanced technology.
With the digital era creating unprecedented challenges and opportunities, EDGE is positioned to disrupt capabilities across a wide breadth of industries. Starting with break-through innovations in the high investment defence sector, and with a priority on national security, EDGE is consolidating more than 25 entities, including subsidiaries from the Emirates Defence Industries Company (EDIC), Emirates Advanced Investments Group (EAIG), Tawazun Holding, and other independent organisations.
His Excellency Faisal Al Bannai, CEO and Managing Director, EDGE said, “EDGE will invest extensively across R&D, working closely with front-line operators to design and deploy practical solutions that address real world challenges.”
He added: “The solution to address hybrid warfare, lies at the convergence of innovations from the commercial world and the military industry. Established with a core mandate to disrupt an antiquated military industry generally stifled by red tape, EDGE is set to bring products to market faster and at more cost-effective price points.”