Latest news with #RodrigoTorres
Trade Arabia
11-04-2025
- Business
- Trade Arabia
EDGE seals partnership with Hungarian group 4iG Space & Defence
EDGE, one of the world's leading advanced technology and defence groups, has signed a MoU with 4iG Space & Defence Technologies (4iG S&D), Hungary's first privately-owned large enterprise focusing on the space and defence sector, to explore opportunities for co-developing advanced unmanned aerial systems (UAS) and space observation technologies. The deal was signed at a key ceremony held at 4iG S&D headquarters in Budapest, in the presence of Saud Hamad Al Shamsi, UAE Ambassador to Hungary. The preliminary agreement paves the way for both companies to explore joint research and development in key areas, including UAS and counter-UAS (C-UAS) technologies, and advanced space observation and operations. Rodrigo Torres, EDGE Group's President and Chief Finance Officer, said: "Our collaboration with Hungary's defence industry – a key partner within NATO – reflects our broader ambition to co-develop next-generation technologies with forward-thinking nations." "This MoU with 4iG S&D strengthens our ties with a key European defence ecosystem, and opens the door to potential cooperation in strategic areas such as autonomous systems and space technologies. As global security challenges evolve, it is essential to align with trusted partners to accelerate innovation and ensure readiness across emerging domains," stated Torres. István Sárhegyi, Group Deputy CEO for 4iG Space & Defence Technologies, said: "Today marks a significant milestone for 4iG Space & Defence. We value international partnerships, and collaborating with EDGE, a UAE-based company, opens exciting opportunities to strengthen these ties." "We bring a lot to the table, particularly in space, anti-drone systems, and UAVs, with a special focus on our unique PROTAR target drone technology. We see tremendous potential in this collaboration, and we're ready to make it happen," he added.
Mid East Info
10-04-2025
- Business
- Mid East Info
EDGE and 4iG Space & Defence Technologies Strengthen Strategic Ties in Autonomous Systems and Space Domains
EDGE, one of the world's leading advanced technology and defence groups, and 4iG Space & Defence Technologies (4iG S&D), Hungary's first privately-owned large enterprise focusing on the space and defence sector, signed a memorandum of understanding (MoU) to explore opportunities for co-developing advanced unmanned aerial systems (UAS) and space observation technologies. The signing ceremony was held at 4iG Space & Defence Technologies' headquarters in Budapest, Hungary, in the presence of His Excellency Saud Hamad Al-Shamsi, UAE Ambassador to Hungary. The preliminary agreement paves the way for both companies to explore joint research and development in key areas, including UAS and counter-UAS (C-UAS) technologies, and advanced space observation and operations. Rodrigo Torres, EDGE Group's President and Chief Finance Officer, said: 'Our collaboration with Hungary's defence industry – a key partner within NATO – reflects our broader ambition to co-develop next-generation technologies with forward-thinking nations. This MoU with 4iG Space & Defence Technologies strengthens our ties with a key European defence ecosystem, and opens the door to potential cooperation in strategic areas such as autonomous systems and space technologies. As global security challenges evolve, it is essential to align with trusted partners to accelerate innovation and ensure readiness across emerging domains.' István Sárhegyi, Group Deputy CEO for 4iG Space & Defence Technologies, said: 'Today marks a significant milestone for 4iG Space & Defence. We value international partnerships, and collaborating with EDGE, a UAE-based company, opens exciting opportunities to strengthen these ties. We bring a lot to the table, particularly in space, anti-drone systems, and UAVs, with a special focus on our unique PROTAR target drone technology. We see tremendous potential in this collaboration, and we're ready to make it happen.' In January 2025, EDGE signed a letter of intent (LOI) with the Hungarian Ministry of Defence (MOD) to explore R&D initiatives, and supply CARACAL sniper rifles to the Hungarian Defence Forces, marking the first time EDGE will provide such systems to a NATO member state. About EDGE: 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 35 entities into six core clusters: Platforms & Systems, Missiles & Weapons, Space & Cyber Technologies, Trading & Mission Support, Technology & Innovation, and Homeland Security.
Al Etihad
10-04-2025
- Business
- Al Etihad
EDGE, 4iG Space & Defence Technologies strengthen strategic ties in autonomous systems, space domains
10 Apr 2025 18:50 ABU DHABI (ALETIHAD)EDGE, one of the world's leading advanced technology and defence groups, and 4iG Space & Defence Technologies (4iG S&D), Hungary's first privately-owned large enterprise focusing on the space and defence sector, signed a memorandum of understanding (MoU) to explore opportunities for co-developing advanced unmanned aerial systems (UAS) and space observation signing ceremony was held at 4iG Space & Defence Technologies' headquarters in Budapest, Hungary, in the presence of Saud Hamad Al Shamsi, UAE Ambassador to Hungary. The preliminary agreement paves the way for both companies to explore joint research and development in key areas, including UAS and counter-UAS (C-UAS) technologies, and advanced space observation and on signing the MoU, Rodrigo Torres, EDGE Group's President and Chief Finance Officer, said, 'Our collaboration with Hungary's defence industry – a key partner within NATO – reflects our broader ambition to co-develop next-generation technologies with forward-thinking nations. This MoU with 4iG Space & Defence Technologies strengthens our ties with a key European defence ecosystem and opens the door to potential cooperation in strategic areas such as autonomous systems and space technologies. As global security challenges evolve, it is essential to align with trusted partners to accelerate innovation and ensure readiness across emerging domains.'For his part, István Sárhegyi, Group Deputy CEO for 4iG Space & Defence Technologies, said, 'Today marks a significant milestone for 4iG Space & Defence. We value international partnerships, and collaborating with EDGE, a UAE-based company, opens exciting opportunities to strengthen these ties. We bring a lot to the table, particularly in space, anti-drone systems, and UAVs, with a special focus on our unique PROTAR target drone technology. We see tremendous potential in this collaboration, and we're ready to make it happen.' Notably, in January 2025, EDGE signed a letter of intent (LOI) with the Hungarian Ministry of Defence (MOD) to explore R&D initiatives and supply CARACAL sniper rifles to the Hungarian Defence Forces, marking the first time EDGE will provide such systems to a NATO member state. Source: Aletihad - Abu Dhabi
Zawya
10-04-2025
- Business
- Zawya
EDGE and 4iG Space & Defence Technologies strengthen strategic ties in autonomous systems and space domains
Abu Dhabi, UAE – EDGE, one of the world's leading advanced technology and defence groups, and 4iG Space & Defence Technologies (4iG S&D), Hungary's first privately-owned large enterprise focusing on the space and defence sector, signed a memorandum of understanding (MoU) to explore opportunities for co-developing advanced unmanned aerial systems (UAS) and space observation technologies. The signing ceremony was held at 4iG Space & Defence Technologies' headquarters in Budapest, Hungary, in the presence of His Excellency Saud Hamad Al-Shamsi, UAE Ambassador to Hungary. The preliminary agreement paves the way for both companies to explore joint research and development in key areas, including UAS and counter-UAS (C-UAS) technologies, and advanced space observation and operations. Rodrigo Torres, EDGE Group's President and Chief Finance Officer, said: 'Our collaboration with Hungary's defence industry – a key partner within NATO – reflects our broader ambition to co-develop next-generation technologies with forward-thinking nations. This MoU with 4iG Space & Defence Technologies strengthens our ties with a key European defence ecosystem, and opens the door to potential cooperation in strategic areas such as autonomous systems and space technologies. As global security challenges evolve, it is essential to align with trusted partners to accelerate innovation and ensure readiness across emerging domains.' István Sárhegyi, Group Deputy CEO for 4iG Space & Defence Technologies, said: 'Today marks a significant milestone for 4iG Space & Defence. We value international partnerships, and collaborating with EDGE, a UAE-based company, opens exciting opportunities to strengthen these ties. We bring a lot to the table, particularly in space, anti-drone systems, and UAVs, with a special focus on our unique PROTAR target drone technology. We see tremendous potential in this collaboration, and we're ready to make it happen.' In January 2025, EDGE signed a letter of intent (LOI) with the Hungarian Ministry of Defence (MOD) to explore R&D initiatives, and supply CARACAL sniper rifles to the Hungarian Defence Forces, marking the first time EDGE will provide such systems to a NATO member state. About EDGE 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 35 entities into six core clusters: Platforms & Systems, Missiles & Weapons, Space & Cyber Technologies, Trading & Mission Support, Technology & Innovation, and Homeland Security. For more information, visit For media enquiries, please contact: EDGE Group Press Office media@
Trade Arabia
17-02-2025
- Business
- Trade Arabia
EDGE-Fincantieri JV wins €500m UAE Navy support contract
EDGE, one of the world's leading advanced technology and defence groups, and Fincantieri, one of the world's leading groups in high-complexity shipbuilding, announced today that Maestral, their Abu Dhabi-based shipbuilding joint venture, will be awarded a major 'In-Service Support Strategic Partnership Project' for the entire UAE Navy fleet by Tawazun Council. Tawazun Council is an independent government entity that works closely with the Ministry of Defence and security agencies in the UAE. The value of the agreement is of approximately €500 million over a five-year period. The contract award announcement was attended by Hamad Al Marar, Managing Director & CEO, EDGE Group; Rodrigo Torres, CFO, EDGE Group; Biagio Mazzotta, Chairman of Fincantieri; Pierroberto Folgiero, CEO and Managing Director of Fincantieri, and Dario Deste, General Manager of the Naval Vessels Division of Fincantieri. Maestral will serve as the Industrial Strategic Partner, overseeing comprehensive maintenance management of the UAE Navy to meet key operational and logistic needs, and supporting UAE Navy's transformation journey to new levels of performance over the next five years. Al Marar said: 'This contract award underscores the trust placed in MAESTRAL's advanced capabilities by our major customer, and important stakeholders worldwide. Together with Fincantieri, we are fully confident that these capabilities will provide valuable opportunities from which this unique joint venture can utilise its vast resources and pool of experience available to deliver superior maritime vessels, turnkey solutions, and lifecycle maintenance services, to deliver commercial successes to all partners involved.' Folgiero stated: 'This contract marks a pivotal step in Fincantieri's growth in the region and reinforces our long-standing commitment to fostering industrial partnerships that deliver excellence. It also reflects the shared vision and synergy between Fincantieri and EDGE through the MAESTRAL joint venture. We are proud to stand alongside the UAE Navy as a trusted partner, ensuring sustained support, cutting-edge technology, and world-class maintenance services that meet the evolving needs of modern naval operations'. The ISS Strategic Partnership Project will see a close collaboration between Fincantieri and EDGE Group entity, Abu Dhabi Shipbuilding (ADSB) under the Maestral joint venture. This unique joint proposition will leverage the combined capabilities of UAE national and international advanced shipyards, deploying a full range of technical, engineering and management expertise to enhance the quality and performance of the UAE Navy.
