EDGE, the world’s leading advanced technology and defence group, and 4iG Aerospace, the leading ICT, space and defence industries group in Hungary and the Western Balkans, have signed three Memoranda of Understanding (MoUs) to establish significant and wide-ranging industrial cooperation between the UAE and Hungary.
During a state visit by an official UAE delegation to Hungary, EDGE and 4iG signed three memoranda of understanding (MoUs) aimed at enabling a broad technology partnership for the joint development and marketing of advanced defense systems, including EDGE’s Skyknight air defense missile system, Shadow 25 and Shadow 50 cruise munitions, and Vega and Orion autonomous air traffic control solutions.
Hamad Al Marar, Managing Director and CEO of EDGE Group, said: “Our goal, through strengthening partnerships with partners like 4iG, is to help countries develop and adopt advanced sovereign defense technology and industrial capabilities. The global security landscape calls for renewal programs to leverage the latest autonomous technologies and counter rapidly evolving airborne threats. This collaboration enhances EDGE Group’s ability to continue delivering competitive, NATO-compliant, and export-ready solutions, in support of Hungary’s national objectives and as a gateway to deeper engagement across Europe and NATO member states.
For his part, 4iG CEO Istvan Šarhigyi said: “The agreements signed today represent a significant achievement in 4iG’s international efforts in the defense sector. By partnering with one of the world’s fastest-growing defense technology companies, we can develop systems with strong potential for success in European and African markets on a mutually beneficial basis. EDGE Group’s trust and openness provide Hungary with the opportunity to transform into a strategic player in the global defense innovation ecosystem.
Under the first agreement, the two companies will establish a broad technology partnership to jointly develop and explore cross-market opportunities for next-generation autonomous aerial systems (AAAS), counter-AAAS solutions, and space technologies in Central and Eastern Europe and Africa.
The agreement also covers the possibility of establishing a joint venture. The second agreement focuses on the potential development and production of the Sky Knight domestically deployable air defense missile system and the Shadow high-precision cruise munition series in Hungary.
The third and final agreement aims to provide EDGE’s Vega autonomous air traffic management and Orion drone swarm management systems to the European market, with the potential for joint development of air traffic control solutions. The MoU also includes an evaluation of the possibility of establishing a joint venture as a European development and sales center for the Vega and Orion systems.
source/content: wam.ae (headline edited)
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UNITED ARAB EMIRATES (U.A.E)