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Eye of Riyadh
Business & Money | Saturday 18 November, 2023 2:40 am |
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EDGE signs agreement with Roketsan to explore partnerships in smart weapon development

EDGE, one of the world's leading advanced technology and defence groups, and Roketsan, a leading Turkish company which designs, develops, and manufactures rockets, missiles, guided munitions, and weapon systems, signed an agreement today to explore potential partnerships in the smart weapons domain.

 

Under the agreement, signed at Dubai Airshow 2023, the two companies will work together to explore opportunities in the joint development of new and advanced smart weapon technologies.

 

Hamad Al Marar, President of EDGE Group’s Missiles Weapons cluster, said, “We are proud to be working with Roketsan and explore mutually beneficial opportunities to develop advanced technologies. In addition, we will also work closely to identify any opportunities to enhance existing solutions. As our agreement with Roketsan matures, we look forward to accelerating our product portfolios through a combined, focused effort, and furthering our relationship as leading developers and manufacturers of smart weapon solutions.”

 

The potential strategic partnerships include opportunities in the joint development of guided artillery, missiles, torpedos, and associated subsystems.

 

Cenk Onen, Vice President of Roketsan, said, “First of all I should state that as Roketsan, we are proud to be working with EDGE, UAE’s leading advanced technology and defence group. The joint efforts of ROKETSAN and EDGE are expected to explore opportunities in the joint development of new and advanced smart weapon technologies. The agreement signed between ROKETSAN and EDGE at Dubai Airshow 2023 is a profound step towards strengthening the partnership between us.”

The agreement with Roketsan is the latest bi-lateral engagement between EDGE and Türkiye’s defence industry. In October 2023, EDGE signed a strategic cooperation agreement with SAHA Istanbul, a respected association representing more than 1,000 Turkish defence companies, aimed at facilitating deeper cooperation between the UAE and Türkiye.

 

EDGE also announced that it is inaugurating a dedicated office in the UAE named MALATH, which will act as a catalyst for new business engagement between EDGE and SAHA companies, marking a new chapter in UAE-Türkiye cooperation in the advanced technology and defence sectors.

 

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