Following the signing of a Memorandum of Understanding (MoU) between EDGE Group and Leonardo in June this year, confirming both parties’ intention of establishing a joint venture (JV) in Abu Dhabi that leverages their partnership, both groups have now announced a further step forward towards the realisation of this common goal.
EDGE Group and Leonardo have now concluded a preliminary assessment of technology transfer activities and market potential while also defining the key principles of the JV’s governance. Following this latest development, the parties will work to launch the JV in 2026. The latest agreement was signed at Dubai Airshow 2025.
EDGE Group would own 51% of the JV, with Leonardo owning the remaining 49%. The activities being considered include, among others, design, development, testing, industrialisation and production, sale/lease and through-life support and training for the JV’s products in the United Arab Emirates (UAE), IP right licensing, and the creation of a skilled locally based workforce. The JV’s products will be marketed in the UAE, and through the UAE to selected international export markets. The portfolio under consideration will be based on a range of Leonardo’s solutions covering various business areas spanning sensors, system integration, and platforms.
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21 November 2025
