EDGE acquires majority stake in Swiss VTOL manufacturer ANAVIA

EDGE acquires majority stake in Swiss VTOL manufacturer ANAVIA

The UAE’s EDGE Group has acquired a 52 percent majority shareholding in ANAVIA, a Switzerland-based company that specializes in the design, development, and manufacturing of versatile vertical take-off and landing (VTOL) systems of up to 750 kilograms, and their associated capabilities.

The move will see EDGE become a market leader in this highly-specialized domain. ANAVIA produces various industry-leading unmanned helicopters for various mission profiles, such as surveillance and reconnaissance, inspection, and mapping and cargo, which can be adapted to EDGE’s cross-complementary portfolio of air, land, and maritime capabilities. The Group is placing a major focus on developing autonomous systems.

“The acquisition of a majority share in ANAVIA is an important step in EDGE’s strategy of bolstering its advanced autonomous aerial vehicle capabilities as it rapidly expands its portfolio of multi-domain systems and solutions and its global export footprint. The deal will enable us to benefit from ANAVIA’s proven experience in developing high-quality and technologically advanced unmanned helicopters to complement our existing range of autonomous aerial systems and its established supply chains to become a market leader. It will also allow ANAVIA to take advantage of EDGE’s scale and the opportunities this presents for further innovation across relevant group areas.”

ANAVIA employs a highly-skilled