UAE’s EDGE Group Acquires a Majority Stake in Leading Autonomous Air Systems Developer ANAVIA

Published:

The EDGE Group of the United Arab Emirates announced its acquisition of a 52% majority stake in ANAVIA, a Swiss-based company distinguished for its expertise in the conception, advancement, and production of versatile vertical take-off & landing (VTOL) systems weighing up to 750 kilograms, along with their associated capabilities.

ANAVIA develops VTOL UAVs designed to perform several mission profiles such as surveillance and reconnaissance, inspection, mapping, and cargo transport.

Mansour AlMulla, Managing Director & CEO of EDGE Group, said: “The acquisition of a majority share in ANAVIA is an important step in EDGE’s strategy of bolstering its advanced autonomous aerial vehicle capabilities as it rapidly expands its portfolio of multi-domain systems and solutions and its global export footprint. The deal will enable us to benefit from ANAVIA’s proven experience in the development of high quality and technologically advanced unmanned helicopters to complement our existing range of autonomous aerial systems, and its established supply chains, to become a market leader in this field. It will also allow ANAVIA to take advantage of EDGE’s scale and the opportunities this presents for further innovation across relevant areas of the group.”

Jon Andri Jörg, Founder & Co-CEO of ANAVIA, said: “Together with EDGE, we are poised to redefine the possibilities in this field and deliver ground-breaking solutions to meet the evolving demands of both military and civilian sectors, and there is great potential here. As we explore these synergies together and push the boundaries in our domain, we will continue to build on the unrivalled expertise which has seen ANAVIA grow rapidly as a leader in the production of superior ‘Made in Switzerland’ autonomous aerial solutions.”

Website | + posts
spot_img

Related articles

spot_img

Recent articles

spot_img