Dubai: Indra Group and EDGE have signed a Memorandum of Understanding (MoU) as the preliminary step towards establishing a new joint venture in Spain that would be dedicated to the development, production, and maintenance of loitering munitions and smart weapons for the Spanish, European, and selected international markets, with potential cooperation across defence programmes in Europe. ngel Escribano, Executive President of Indra Group, and Jos© Vicente de Los Mozos, CEO of Indra Group, together with Hamad Al Marar, Managing Director and CEO of EDGE Group, formally signed the MoU today at the Dubai Airshow to further this initiative.
According to Emirates News Agency, the vision is for the engineering and industrial capabilities of the joint venture to be supported by Indra’s extensive industrial footprint in Spain, which is undergoing significant expansion to meet growing demand. At the same time, the joint venture would benefit from EDGE’s technology and experience in loitering munitions. ngel Escribano stated that the partnership would amalgamate complementary capabilities, experience, and commercial reach in the loitering munition and smart weapons segments to deliver solutions to clients.
Hamad Al Marar expressed that EDGE has established an industrial ecosystem capable of responding rapidly to new opportunities and delivering export-ready solutions at speed. He emphasized that the collaboration with Indra not only reflects a long-standing relationship built on trust and shared ambition but also serves as a strategic pathway for expanding their presence across European markets through joint innovation and advanced manufacturing.
Jos© Vicente de los Mozos highlighted that establishing both engineering and production capabilities in Europe would ensure sovereignty and boost commercial opportunities on the continent. The development of smart weapons and loitering ammunition would provide operating forces on the modern battlefield with flexibility, enabling attacks against hidden targets that emerge for short periods without placing high-value platforms near the target area.
This potential new collaboration aims to reinforce the industrial and technological partnership between the UAE and Spain, combining Indra’s expertise in defence systems and its access to European and NATO markets with EDGE’s rapid development model and advanced engineering capabilities to deliver high-performance, export-ready solutions for global customers. The contemplated new partnership would give fresh momentum to the strategic collaboration between Indra and EDGE. In 2024, the two companies established PULSE NOVA, a joint venture focused on engineering, developing, manufacturing, integrating, and maintaining radar systems and their components, as well as marketing them in high-potential markets and opening up new international business opportunities.