EDGE acquires 80% stake in MARS Robotics
MARS provides engineering solutions and services to UAS original equipment manufacturers
Abu Dhabi: Advanced technology and defence group EDGE has acquired an 80 per cent stake in Jordan-based MARS Robotics, a leader in autonomous robotic solutions, it said on Tuesday.
MARS Robotics will work closely within EDGE’s Advanced Concepts, which focuses on the rapid design, development, and deployment of advanced and innovative technologies. Announced at Langkawi International Maritime and Aerospace Exhibition (LIMA 2023), where EDGE is displaying a broad array of autonomous solutions and smart weapons, the acquisition will create greater opportunities for EDGE to expand its offerings and support its customers globally.
Mansour AlMulla, Managing Director and CEO of EDGE, said: “EDGE’s acquisition of MARS Robotics represents a solid strategic investment that aligns with our ongoing ambitions in the autonomous systems domain. As we rapidly grow and develop the solutions that play a critical role in a secure future, so too must our engineering and innovation capabilities.”
“Acquiring a company with world-class expertise in developing high-performance Unmanned Aircraft Systems (UAS) is a logical step for us as we continue to execute our product development roadmap, bringing next-generation solutions to market with speed, cost-effectiveness, and efficiency.”
Dr. Mohammad Amin Al-Jarrah, General Manager and Founder of MARS Robotics, said: “The acquisition will see our team complement and strengthen EDGE’s aerospace and autonomous engineering capabilities and will expand the Group’s position as a serious global player in the autonomous systems sector.”
Founded in 2013, MARS Robotics provides engineering solutions and services to UAS original equipment manufacturers (OEMs) in hardware, peripherals, networks, software, support, service, and training for various applications in the military and civil markets.