EDGE Group launches new space company
EDGE has lauched its new space company, ‘FADA’, a name derived from the Arabic word for space.
This development will significantly boost the group’s global competitiveness, solidify its position as a leader in space capabilities, and add next-generation solutions to its rapidly-growing product portfolio.
Hamad Al Marar, managing director and chief executive officer, EDGE Group, said: “The launch of FADA will enable EDGE to grow and fortify its position in the global space industry in line with the UAE’s vision of becoming a leader in space technologies, creating the blueprint for a self-sufficient and innovative ecosystem. This landmark development also adds next-generation solutions to our product portfolio, representing a strategic leap towards technological excellence and signalling our broader ambitions to be a disruptor in this critical domain.”
As a critical component of EDGE’s strategic vision, FADA will establish state-of-the-art facilities for the development, manufacturing, assembly, integration, and testing of various satellite systems and subsystems, serving as a one-stop shop for all space-related activities and providing end-to-end solutions and services to local and international customers, including: Synthetic Aperture Radar (SAR), Optical (EO) and Infrared (IR) payloads, as well as satellite platforms, and satellite cybersecurity and protection services in addition to other space activities.
Waleid Al Mesmari, President, Space & Cyber Technologies, EDGE, said: “With the launch of FADA, EDGE reinforces its commitment to pioneering advanced technologies and forging local and global partnerships to establish next-generation facilities for the development of satellite systems, while building a sustainable and skilled space-focused workforce. We are pleased to drive this forward-thinking initiative which not only enhances our national capabilities and drives us positively towards a knowledge-based economy, but also sets a new benchmark in the global space landscape.”
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