“EDGE Partners with Hungarian Defence Ministry to Unleash Innovation Potential”

The Hungarian Ministry of Defence and EDGE, a prominent entity in advanced technology and defence innovations, have formalised a letter of intent (LOI) during a significant visit by Hungary’s Prime Minister, Viktor Orbán, to the UAE. The document centers on defence advancements, along with research and development projects. This partnership also sets the stage for potential multi-million-euro agreements involving EDGE and its subsidiaries, highlighting the vast opportunities for future collaboration.

The arrangement was formalised during a notable ceremony in Abu Dhabi, featuring Hungary’s Prime Minister, Hungary’s Minister of Defence, and top officials from EDGE. This pivotal moment illustrates Hungary’s trust in EDGE’s cutting-edge defence solutions and accentuates the importance of the Hungarian Prime Minister’s visit to the UAE, which has strengthened bilateral ties and improved collaboration.

Hamad Al Marar, CEO & Managing Director of EDGE, stated: “This agreement signifies a substantial advance in the partnership between EDGE and the Hungarian Ministry of Defence. It embodies our mutual dedication to enhancing defence capabilities and promoting innovation while marking a crucial milestone as EDGE deepens its association with NATO member nations. We anticipate building on this momentum through further collaboration, including the supply of CARACAL sniper rifles to the Hungarian Defence Forces, marking EDGE’s inaugural provision of such systems to a NATO member nation.”

The Hungarian Prime Minister’s visit to the UAE fortifies the evolving strategic alliance between the two countries. High-level dialogues during the visit concentrated on broadening bilateral collaboration in defence, technology, and innovation, resonating with shared aspirations for improved security.

This collaboration lays the groundwork for EDGE’s foray into European and NATO markets, further solidifying the UAE’s position as a global player in defence innovation. By aligning with Hungary’s defence objectives, EDGE is strategically positioned to offer customised, high-tech solutions while nurturing enduring strategic partnerships in Europe.