Indra and EDGE Group formalise joint venture, PULSE, to design and manufacture radars in Abu Dhabi
EDGE, one of the worldâs leading advanced technology and defence groups, and Indra Sistemas (Indra), a world-leading information technology and defence systems company with a footprint in over 140 countries, and a significant player in major European programmes, have reached an agreement to establish a new joint venture, PULSE, headquartered in Abu Dhabi. PULSE aims to foster local capabilities for the development and manufacture of state-of-the-art radar systems, supported by a robust order pipeline from existing and potential customers in high-potential markets worldwide. The agreement consolidates and strengthens the partnership between the two companies which began in 2023.
Hamad Al Marar, EDGEâs Managing Director and CEO, and Indra´s CEO JosĂŠ Vicente de los Mozos were in Madrid to sign a Joint Venture Agreement, that includes the Shareholdersâ Agreements, in the presence of Spainâs Minister for Defence, Margarita Robles FernĂĄndez; the Spanish Secretary of State for Defence, Amparo Valcarce; H.E. Faisal Al Bannai, EDGE Groupâs Chairman; Marc Murtra, Indraâs Chairman, and officials from the Spanish Ministry for Defence, among other figures.
Speaking at the official signing ceremony at the Spanish Ministry for Defence in Madrid, H.E. Faisal Al Bannai, Chairman of EDGE, said: âThe establishment of PULSE marks a transformative milestone in advancing the global defence landscape by delivering state-of- the-art radar systems. This joint venture between EDGE and Indra addresses critical capability gaps, showcasing the power of innovation and technology transfer to enhance operational excellence and global security. It reflects our dedication to building meaningful partnerships that drive progress and foster stability across key regions.â