EDGE Acquires Majority Stake in Milrem Robotics, Europe’s Leading Developer of Robotics and Autonomous Systems

The UAE’s EDGE Group PJSC, one of the world’s leading advanced technology and defence groups, has announced the acquisition of a majority stake in Estonia-based Milrem Robotics, Europe’s leading developer of robotics and autonomous systems. The transaction is the largest foreign investment in Estonia’s growing defence industry, and will see Milrem Robotics join EDGE as a new entity within its Platforms & Systems cluster, complementing the group’s existing multi-domain capabilities.
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A Stronger Shield: The Defense Industry's Ascent in 2024

The global defense industry experienced significant growth in 2024, fueled by a complex interplay of geopolitical tensions, technological advancements, and evolving security threats. This year saw increased investments in defense capabilities worldwide, with nations prioritizing modernization and bolstering their armed forces.
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