Following the Memorandum of Understanding signed in June between EDGE Group and Leonardo, confirming their shared intention to establish a joint venture in Abu Dhabi, both organisations have now taken another clear step towards making the project a reality. They have completed a preliminary assessment covering technology-transfer activities, market potential and the key principles for the venture’s governance. With this progress secured, the partners will now work towards launching the JV in 2026. The latest agreement was signed at the Dubai Airshow 2025.
EDGE Group would hold a 51% stake in the joint venture, with Leonardo owning the remaining 49%. The activities under review include design, development, testing, industrialisation and production, sales and leasing, through-life support, and training for the JV’s products within the United Arab Emirates. The partnership also covers IP licensing and the development of a skilled local workforce. The portfolio being considered will draw on a wide range of Leonardo’s technologies, spanning sensors, system integration, and platforms, and will be marketed within the UAE and to selected export markets.
EDGE’s Managing Director and CEO, Hamad Al Marar, noted that the latest milestone reflects the pace at which both sides are moving and demonstrates what can be achieved when two industry players align behind a smart, forward-looking strategy. He emphasised that collaboration across air, land, sea, and electro-optics would allow the partners to shape tailored solutions built on deep experience, expertise, and innovation, with the UAE serving as a hub for reaching established and emerging markets.
