EDGE Group_Indra

EDGE Group and Indra Forge Radar Technology Alliance 

EDGE Group, a technology conglomerate based in Abu Dhabi, has entered into a strategic partnership with Spain’s Indra Sistemas, a renowned information technology and defence systems company, to venture into the global advanced radar domain. 

The collaboration, formalized through a Joint Venture (JV) agreement, marks a significant milestone in the strategic expansion of both companies. Under the agreement signed in Madrid by Hamad Al Marar, Managing Director and CEO of EDGE Group, and Jose Vicente de los Mozos, CEO of Indra, the JV will focus on developing and manufacturing next-generation radar systems in the UAE. 

The partnership is set to open a pipeline of orders for approximately 300 advanced radar solutions, granting the new business prime rights for current and future non-NATO and non-EU orders awarded to Indra. 

Faisal Al Bannai, Chairman of EDGE Group, expressed confidence in the venture, highlighting the synergies between the two companies as they combine their strengths to create a major industry player in the radar technology sector. He emphasized the strategic value of the partnership in driving growth and delivering tangible benefits to all stakeholders. 

Marc Murtra, Chairman of Indra, echoed Al Bannai’s sentiments, emphasizing the potential of the agreement to position the joint venture as a global leader in radar technology. He outlined the strategic vision behind the partnership, focusing on technological leadership, international growth, and partnerships building. 

The JV will focus on continued development, innovation, and global market expansion by targeting untapped non-NATO markets outside of the European Union. Leveraging EDGE’s commercial strength and technology expertise, alongside Indra’s capabilities in technology transfer, engineering, commercial, and manufacturing, the partnership aims to drive innovation and expand market reach. 

Speaking at the official signing ceremony in Madrid, Hamad Al Marar highlighted the significance of the partnership in expanding EDGE’s offerings and contributing to technological advancement and economic growth in the UAE and Spain. He reiterated the commitment to driving innovation and developing sovereign capabilities through the collaboration. 

Jose Vicente de los Mozos emphasized the JV’s potential to create new business opportunities in global markets, aligning with Indra’s strategic vision for international expansion. He underscored the importance of the partnership in enhancing Indra’s global reach and capabilities in the defence sector. 

The JV will also focus on building a highly-qualified team in the UAE, leveraging local Emirati and global talent to ensure sustainable operational excellence and innovative output.