UAE Launches Tech Conglomerate To Transform Defence Capabilities

Tuesday 5th November 2019

Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces inaugurates EDGE

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UAE Launches Tech Conglomerate To Transform Defence Capabilities

- Restrictions - Strictly No Access Or Use In Qatar.  Including Archive -

- 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

Story: 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.” 

Al Bannai has been appointed to lead EDGE, based on his start-up background and proven track record in leveraging emerging technologies to expand business opportunities at home and abroad.

In contributing to innovation and advanced technology growth, EDGE will develop deeper partnerships with world-leading industry OEMs and defence contractors, the SME sector and academia alike. Accelerating the rate of innovation, it will also be attracting elite industry experts and talent from around the globe, to help on a wide spectrum of modern product development, ranging from ideation to building cross domain capabilities over its five core business clusters: Platforms & Systems, Missiles & Weapons, Cyber Defence, Electronic Warfare & Intelligence, and Mission Support. 

The company is set to implement advanced technologies such as autonomous capabilities, cyber-physical systems, the Internet of Things, advanced propulsion systems, robotics and smart materials, with a focus on artificial intelligence across all its products and services.

Commenting on EDGE, His Excellency Tareq Abdul Raheem Al Hosani, Chief Executive Officer of Tawazun Economic Council (the UAE’s Defence Enabler) said: “We are invested in managing the uncertainty that technology brings by adapting our focus and capabilities towards a sustainable defence and security industry. EDGE will help us transform our domestic capabilities, while growing our engagements on defence and security exports.”

In 2018, the UAE topped the Global Innovation Index for the Arab world. EDGE aims to help the UAE to retain and expand that foremost position.

Shows: United Arab Emirates 5th Nov and recent

- GVs of artillery firing, ammunition , and military vehicles

- Manufacturing of military and shipbuilding technology

- GVs of this morning’s press conference

- Soundbites: His Excellency Faisal Al Bannai, CEO and Managing Director, EDGE -

“Advanced technologies cut across all parts of our life. Whether it’s our civilian life or technology life that we have. We will be investing in everything from autonomous capabilities to quantum computing to robotics to artificial intelligence that cuts across everything. With one clear simple purpose. How can we deliver all of this to our customers in a way that they can see the immediate results in a very efficient manner for them.

EDGE was set up with a purpose to be able to deliver a different mind-set to how the defence industry supports. A mind-set that is bringing practicality, a mind-set that is bringing speed, and a mind-set that is bringing efficiency in terms of the defence industry. 

And today as the UAE, the UAE deserves to have a large industrial partner, a modern defence player to be playing and that’s one of the key reasons why EGDE was set up.”

- Soundbites: His Excellency Tareq Abdul Raheem Al Hosani, CEO, Tawazun Economic Council -

“To have a company like EDGE with a forward looking potential and understanding what is available and how can they support the defence industry and at the same time the commercial world. It’s very important for both Tawazun, EDGE and the country as a whole.

In UAE we are at a transition stage, we are going from a country that was just producing into an industrial country. We want to have more engineering activities, we want to have more development activity, we want to be able to have our own unique products developed within UAE and in partnership with international players. That’s what EDGE can bring to the table. Because of the size of EDGE and the focus of EDGE they can achieve that.”

- Soundbites: Bob Harward, CEO, Lockheed Martin, Middle East - 

“To have a company like EDGE with a forward looking potential and understanding what is available and how can they support the defence industry and at the same time the commercial world. It’s very important for both Tawazun, EDGE and the country as a whole.

In UAE we are at a transition stage, we are going from a country that was just producing into an industrial country. We want to have more engineering activities, we want to have more development activity, we want to be able to have our own unique products developed within UAE and in partnership with international players. That’s what EDGE can bring to the table. Because of the size of EDGE and the focus of EDGE they can achieve that.”

Other: EDGE is an advanced technology group established to develop disruptive solutions for defence and beyond. Solving real world challenges, it is dedicated to bringing innovative technologies and services to market with greater speed and efficiency.  

Starting with breakthrough innovations in the high investment sector of defence, EDGE places a priority on national security. Consolidating over 25 entities and employing more than 12,000 brilliant minds, it offers expertise in five core clusters: Platforms & Systems, Missiles & Weapons, Cyber Defence, Electronic Warfare & Intelligence and Mission Support.   

With the adoption of advanced technologies such as autonomous capabilities, cyber-physical systems, advanced propulsion systems, robotics and smart materials, and a focus on artificial intelligence across all products and services, EDGE is creating interoperability and developing cross domain expertise – responding to an era where adaptability is everything. 

EDGE is developing deeper international and local partnerships across the defence and technology spectrum. It is a magnet for global expertise and exceptional talent, reimaging capabilities with research and development at its core.

Headquartered in the United Arab Emirates, EDGE is a catalyst for change, creating technologies that transform and transcend an array of industries. 

For more information, visit www.edgegroup.ae 

 

 

General

Title

UAE Launches Tech Conglomerate To Transform Defence Capabilities

Description

Mohamed bin Zayed, Inaugurates EDGE, an Advanced Technology Conglomerate, poised to Transform Defence Industrial Capabilities

Media Type

video

Date

2019/11/05

Technical

Aspect

16x9

File Type

video/mp4

File Size Bytes

766675

Sound

Natural Sound and English Speech

Editorial

Source

EDGE

Location

Abu Dhabi, UAE

Copyright

ACCESS ALL - Strictly No Access Or Use In Qatar. Including Archive

Restriction

Strictly No Access Or Use In Qatar. Including Archive