Indra Group and EDGE have signed a Memorandum of Understanding (MoU) as the preliminary step towards establishing a new joint venture in Spain that would be dedicated to the development, production and maintenance of loitering munitions and smart weapons for the Spanish, European and selected international markets, with potential cooperation across defence programmes in Europe.
Ángel Escribano, Executive President of Indra Group, and José Vicente de Los Mozos, CEO of Indra Group, together with Hamad Al Marar, Managing Director & CEO of EDGE Group, formally signed the MOU today at the Dubai Airshow to further this initiative.
The vision is for the engineering and industrial capabilities of the joint venture to be supported by Indra’s extensive industrial footprint in Spain, which is undergoing significantly expansion to meet growing demand. At the same time, the joint venture would benefit from EDGE’s technology and experience in loitering munitions.
Ángel Escribano, Executive President of Indra Group, said: “This partnership would bring together complementary capabilities, experience, and commercial reach in the loitering munition and smart weapons segments to deliver world-class solutions to our clients.”
Hamad Al Marar, Managing Director & CEO of EDGE Group, said: “EDGE has built an agile industrial ecosystem capable of responding rapidly to new opportunities and delivering export-ready solutions at speed. Our collaboration with Indra reflects not only a long-standing relationship built on trust and shared ambition, but also a strategic pathway for expanding our presence across European markets through joint innovation and advanced manufacturing.”
José Vicente de los Mozos, CEO of Indra Group, stated: “By establishing both engineering and production capabilities in Europe, we would ensure sovereignty and boost commercial opportunities on the continent.”
The development of smart weapons and loitering ammunition would provide operating forces on the modern battlefield with unparalleled flexibility. They enable attacks against hidden targets that emerge for short periods without placing high-value platforms near the target area. This potential new collaboration would aim at reinforcing the growing industrial and technological partnership between the UAE and Spain, combining Indra’s long-standing expertise in defence systems and its access to European and NATO markets with EDGE’s rapid development model and advanced engineering capabilities to deliver high-performance, export-ready solutions for global customers.
The contemplated new partnership would give fresh momentum to the strategic collaboration between Indra and EDGE. In 2024, the two companies established PULSE NOVA, a joint venture focused on engineering, developing, manufacturing, integrating, and maintaining existing and future radar systems and their components, as well as marketing them in high-potential markets and opening up new international business opportunities.
Exploring new opportunities for PULSE NOVA in electronic warfare
Indra Group and EDGE also signed a a deal to explore the possibility of expanding its successful joint venture PULSE NOVA to include advance electronic warfare (EW) capabilities, and to enable PULSE NOVA to draw on the combined capabilities of Indra and EDGE, through SIGN4L, EDGE’s radar and electronic warfare entity, in support of a broader and more competitive portfolio.
The MOU, signed in Dubai Airshow by EDGE Managing Director & CEO, Hamad Al Marar, and Angel Escribano, Executive Chairman of Indra, and Jose Vicente de los Mozos, CEO of Indra, will provide the parties with a framework within which they will explore the possibility of extending their successful current collaboration, through the Abu Dhabi-based company, to develop and manufacture next-generation radar systems in the UAE to potentially include advance electronic warfare (EW) capabilities within the portfolio of PULSE NOVA.
Ángel Escribano, Executive President of Indra Group, said: “The extension would represent the determination of both companies to create a global market leader both in the field of advanced radar and electronic warfare technologies across multiple domains.”
José Vicente de los Mozos, CEO of Indra Group, stated: “The interest in extending the joint venture’s scope is the result of the excellent track of the current strategic partnership that would bring together complementary capabilities, experience, and commercial reach to deliver world-class solutions to our clients, reinforcing our positioning in the Middle East.”
Hamad Al Marar, Managing Director and CEO of EDGE Group, said: “We are building on a joint venture that has already delivered strong results in radar development. Electronic warfare demands deep expertise and an ecosystem that can move with purpose, and this collaboration would bring both. By bridging the capabilities of Indra and EDGE, we could build a portfolio that serves regional and international customers and strengthens PULSA NOVA as a centre for advanced mission systems.”
The current collaboration is placing a strategic focus on the continued development of sophisticated technologies, innovation, and global market expansion by targeting untapped and fragmented non-NATO markets outside of the European Union, where EDGE is bringing its commercial strength and technology building blocks, while Indra enhances PULSE NOVA by transferring technology, and contributing engineering, commercial, and manufacturing capabilities.
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