The Emirati group EDGE has acquired a majority stake of 52% in the Swiss company ANAVIA, specializing in the development of VTOL systems. This acquisition strengthens EDGE’s position in the autonomous aerial systems market.
Majority stake and strategy in the European market
The EDGE Group, based in the United Arab Emirates, announced the acquisition of 52% of the shares of ANAVIA, a Swiss company specializing in the design and production of vertical take-off and landing (VTOL) systems of up to 750 kg. The operation will make EDGE a market leader in this very specialized field. This positioning on ANAVIA follows EDGE’s acquisition of another majority stake in the Estonian company Milrem Robotics last February.