EDGE Acquires Majority Stake in MARS Robotics of Jordan

23.05.2023 Asia
EDGE Acquires Majority Stake in MARS Robotics of Jordan

EDGE Acquires Majority Stake in MARS Robotics of Jordan

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EDGE, one of the world's fastest growing and leading advanced technology and defence groups, today announced the acquisition of a majority stake in MARS Robotics, a leader in autonomous robotic solutions based in Jordan.

The deal will see EDGE owning 80% of MARS Robotics, enabling the highly skilled and experienced engineering team to work closely with EDGE on a number of exciting projects. MARS Robotics will work closely within EDGE’s Advanced Concepts, which focuses on the rapid design, development, and deployment of advanced and innovative technologies.

Announced at Langkawi International Maritime and Aerospace Exhibition (LIMA 2023), where EDGE is displaying a broad array of autonomous solutions and smart weapons, the acquisition will create greater opportunities for EDGE to expand its offerings and support its customers globally.

Mansour AlMulla, Managing Director & CEO of EDGE, said: “EDGE’s acquisition of MARS Robotics represents a solid strategic investment that aligns with our ongoing ambitions in the autonomous systems domain. As we rapidly grow and develop the solutions that play a critical role in a secure future, so too must our engineering and innovation capabilities.”

“Acquiring a company with world-class expertise in developing high performance UAS is a logical step for us as we continue to execute our product development roadmap, bringing next-generation solutions to market with speed, cost-effectiveness, and efficiency. We are very excited about this great tie up and always believed in MARS Robotics and the strong technological capabilities there,” he added.

Dr. Mohammad Amin Al-Jarrah, General Manager & Founder of MARS Robotics, said: “We are immensely proud to be joining EDGE, a defence and advanced technology conglomerate which has risen through the ranks both regionally and globally. Representing a resounding vote of confidence in MARS Robotics, the acquisition will see our team complement and strengthen EDGE’s aerospace and autonomous engineering capabilities and will expand the Group’s position as a serious global player in the autonomous systems sector.”

Launched in September 2013, MARS Robotics provides engineering solutions and services to UAS original equipment manufacturers (OEMs) in the areas of hardware, peripherals, networks, software, support, service, and training for various applications in the military and civil markets.

Headquartered in Irbid, Jordan, MARS Robotics is clustered into several sections including Avionics and flight control systems development, Autonomous vehicle design and development, communication and networking, payload section development, and remote sensing services section.

Today, MARS Robotics is a leading provider of expertise and managed services across all the major unmanned systems technologies. MARS Robotics® provides innovative and reliable UAV and drone services based on its long experience in unmanned technologies development, sophisticated LiDAR and photogrammetric surveying methods, and drone data processing techniques

Launched in November 2019, the UAE’s EDGE is one of the world’s leading advanced technology groups, established to develop agile, bold and disruptive solutions for defence and beyond, and to be a catalyst for change and transformation. It is dedicated to bringing breakthrough innovations, products, and services to market with greater speed and efficiency, to position the UAE as a leading global hub for future industries, and to creating clear paths within the sector for the next generation of highly-skilled talent to thrive.

With a focus on the adoption of 4IR technologies, EDGE is driving the development of sovereign capabilities for global export and for the preservation of national security, working with front-line operators, international partners, and adopting advanced technologies such as autonomous capabilities, cyber-physical systems, advanced propulsion systems, robotics and smart materials. EDGE converges R&D, emerging technologies, digital transformation, and commercial market innovations with military capabilities to develop disruptive solutions tailored to the specific requirements of its customers.

Headquartered in Abu Dhabi, capital of the UAE, EDGE consolidates more than 20 entities into four core clusters: Platforms & Systems, Missiles & Weapons, Electronic Warfare & Cyber Technologies, and Trading & Mission Support.

 

 



 
 

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