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Edge acquires majority stake in Mars Robotics

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Edge, one of the world’s fastest growing and leading advanced technology and defense groups, has announced the acquisition of a majority stake in Jordan-based Mars Robotics, a leader in autonomous robotics solutions.

Through this transaction, Edge will own 80% of Mars Robotics, enabling a highly skilled and experienced engineering team to work closely with Edge on many exciting projects.

Mars Robotics will work closely with Edge’s Advanced Concepts, which focuses on the rapid design, development and deployment of advanced innovative technologies. Announced at the Langkawi International Maritime and Aerospace Exhibition (LIMA 2023), where Edge will showcase a wide range of autonomous solutions and smart weapons, the acquisition will expand Edge’s product range and provide Global customers provide support to create more opportunities.

strategic investment

Mansour AlMulla, Managing Director and CEO of Edge, said: “Edge’s acquisition of Mars Robotics represents a solid strategic investment in line with our continued ambitions in autonomous systems. As we rapidly grow and develop Solutions that work, secure the future, and so must our engineering and innovation capabilities.

“Acquiring a company with world-class expertise in developing high-performance drones is a logical step for us as we continue to execute on our product development roadmap to deliver next-generation drones with speed, cost-effectiveness and efficiency. solutions to market. We are very excited about this great collaboration and always believe in Mars Robotics and the great technical capabilities there.”

Dr Mohammad Amin Al-Jarrah, Managing Director and Founder of Mars Robotics, said: “Edge is a defense and advanced technology group that has emerged both regionally and globally. Representing a strong vote of confidence in Mars Robotics, this acquisition will see Our team complements and strengthens Edge’s aerospace and autonomous engineering capabilities and will expand the group’s position as a key global player in autonomous systems.”

Founded in 2013, Mars Robotics provides UAV Original Equipment Manufacturers (OEMs) with engineering solutions and services in the areas of hardware, peripherals, networking, software, support, service and training for various applications in the military and civilian markets. application. — trade arab news agency

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