Thursday, November 30, 2023
HomeCreative IdeasEDGE Group acquires majority stake in ANAVIA

EDGE Group acquires majority stake in ANAVIA

The UAE’s EDGE Group, one of many world’s main superior know-how and defence teams, has introduced the acquisition of a 52% majority shareholding in ANAVIA, a Switzerland-based firm that specialises within the design, growth, and manufacturing of versatile vertical take-off & touchdown (VTOL) techniques of as much as 750 kilograms, and their related capabilities. The transfer will see EDGE grow to be a market chief on this highly-specialised area.

ANAVIA produces a variety of industry-leading unmanned helicopters for varied mission profiles comparable to surveillance and reconnaissance, inspection, and mapping and cargo, which will be tailored to EDGE’s cross-complementary portfolio of air, land, and maritime capabilities. The Group is inserting a significant concentrate on the event of autonomous techniques.

Mansour AlMulla, Managing Director & CEO of EDGE Group, mentioned: “The acquisition of a majority share in ANAVIA is a crucial step in EDGE’s technique of bolstering its superior autonomous aerial automobile capabilities because it quickly expands its portfolio of multi-domain techniques and options and its international export footprint. The deal will allow us to profit from ANAVIA’s confirmed expertise within the growth of top of the range and technologically superior unmanned helicopters to enrich our current vary of autonomous aerial techniques, and its established provide chains, to grow to be a market chief on this subject. It’s going to additionally enable ANAVIA to make the most of EDGE’s scale and the alternatives this presents for additional innovation throughout related areas of the group.”

ANAVIA employs a highly-skilled staff of specialists within the autonomous plane area, overlaying areas comparable to composite, mechatronics, plane upkeep, flight testing, and software program engineering.

Jon Andri Jörg, Founder & Co-CEO of ANAVIA, mentioned: “Along with EDGE, we’re poised to redefine the chances on this subject and ship ground-breaking options to fulfill the evolving calls for of each navy and civilian sectors, and there’s nice potential right here. As we discover these synergies collectively and push the boundaries in our area, we’ll proceed to construct on the unrivalled experience which has seen ANAVIA develop quickly as a frontrunner within the manufacturing of superior ‘Made in Switzerland’ autonomous aerial options.”

Ishan Sahgal, Founder & Co-CEO of ANAVIA, added: “We’re immensely happy with us forging this pioneering partnership and becoming a member of the EDGE household. It’s going to allow us to collaborate on unmanned helicopter platforms, marking a big milestone in autonomous aviation. It additionally displays ANAVIA’s dedication to pushing the boundaries of technological innovation and revolutionising the way forward for unmanned helicopter techniques.”

EDGE will use its presence on the upcoming Dubai Airshow 2023, happening from 13-17 November, to showcase ANAVIA’s modern VTOL options.




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