EDGE acquires 50% stake in Flaris, marking strategic expansion into aviation technology

  • Date: 11-Nov-2023
  • Source: Eye of Riyadh
  • Sector:Technology
  • Country:UAE
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EDGE acquires 50% stake in Flaris, marking strategic expansion into aviation technology

The UAE’s EDGE Group, one of the world’s leading advanced technology and defence groups, has announced the acquisition of a 50 percent stake in Flaris, a pioneering Polish aviation company specialising in the development of state-of-the-art personal jets.The two companies will also establish a joint venture, enabling EDGE to further develop Flaris’ portfolio of jets, leveraging combined