23 Jumada I 1446 - 24 November 2024
    
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Eye of Riyadh
Business & Money | Saturday 26 October, 2024 8:44 am |
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EDGE and Baykar Forge Strategic Partnership at SAHA 2024 to Drive UAS Advancements

EDGE, one of the world’s leading advanced technology and defence groups, and Baykar, Turkiye’s global leader in unmanned aerial vehicle (UAV) and artificial intelligence technology, have signed a Cooperation Agreement at SAHA Expo 2024. Formalised by Hamad Al Marar, Managing Director and CEO of EDGE, and Haluk Bayraktar, CEO of Baykar, during the event, this agreement establishes a framework to strengthen ties, enhance capabilities, and expand market presence for both companies.

 

Under the terms of the agreement, the cooperation will centre on integrating EDGE’s guided munitions and payloads onto Baykar’s advanced UAS platforms, with Baykar leading the integration efforts. EDGE will provide technical assistance, including designing, manufacturing, and supporting the necessary equipment for successful integration. This initiative aims to meet market demand swiftly and effectively, ensuring supply chain security and delivering high-performance solutions for their customers.

 

Hamad Al Marar, Managing Director and CEO of EDGE, said: “This agreement with Baykar represents a significant milestone in further strengthening our established collaboration. By integrating our advanced solutions onto Baykar’s proven UAS platforms, we can respond swiftly to evolving market demands while further enhancing the capabilities we deliver to our customers. Additionally, this partnership underscores the strategic importance of working with Türkiye’s well-established companies and leveraging its robust defence ecosystem. Together, we are reinforcing our commitment to delivering cutting-edge technology with agility, efficiency, and innovation, while ensuring secure and resilient supply chains.”

 

 

 

Haluk Bayraktar, CEO of Baykar, said: "Today, alongside the CEO of EDGE, one of the largest defence organisations in the UAE and one of the top 30 in the world, we signed an agreement between BAYKAR and EDGE to integrate EDGE-developed smart munitions into our platforms and for joint cooperation. In recent years, the UAE and Türkiye have built significant defence relations, with the UAE being Türkiye's largest trade partner in the Middle East. I would like to extend my gratitude for this agreement, with the hope that it will contribute to the independence and security of both nations."

 

 

 

ENDS

 

 

 

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