INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

UAE awards EDGE $65m contract to supply unmanned aerial systems

EDGE office building. Pic: EDGE group
  • Aimed at further advancing air operations, GARMOOSHA is an unmanned aircraft designed to carry payloads of 120kg with a range of 150km
  • With a low-consumption fuel engine, its sensor capabilities make it a versatile system capable of solving some of the most difficult challenges

Abu Dhabi, UAE – ADASI, the EDGE Group entity, a regional leader in autonomous systems and services, said on Thursday that it has signed an AED 239 million ($65 million) contract to supply GARMOOSHA unmanned aerial systems (UAS) to the UAE Ministry of Defence.

“We are honoured to deliver our best-in-class GARMOOSHA drones to the Ministry of Defence,” Juma Al Kaabi, CEO of ADASI, said. “With years of experience in advanced technology and developing the autonomous systems, this opportunity underlines our position as a regional industry leader.”

Aimed at further advancing air operations, GARMOOSHA is an unmanned aircraft designed to carry payloads of approximately 120kg with an endurance of 8 hours and a range of 150km. With a low-consumption fuel engine, its sensor capabilities make it a versatile system capable of solving some of the most difficult challenges.

Headquartered in Abu Dhabi, capital of the UAE, EDGE consolidates more than 25 entities into five core clusters: Platforms & Systems, Missiles & Weapons, Space & Cyber Technologies, Trading & Mission Support, and Homeland Security.