Faisal Al Bannai

HALCON Unveils UAE’s First Air Defence Missile

Tuesday, February 23, 2021 - 4:40pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210223005887/en/
    SkyKnight - the first UAE designed and manufactured counter-rocket, artillery, and mortar (C-RAM) missile system - (Photo: AETOSWire)
    EDGE, the parent company of HALCON, has been developing a short-range air defence system, as has Germany-based Rheinmetall AG, which was actively seeking a missile system to form part of its Skynex air defence system.
  • The companies decided to jointly offer a solution, with HALCON providing SkyKnight, the missile system to the highly regarded Oerlikon Skynex Air Defence System, which sets new standards with its unique open architecture.
  • Faisal Al Bannai, EDGE Group CEO and Managing Director said: SkyKnight is the UAEs first, but will not be the last air defence missile developed by HALCON.
  • Countries that have rolled out Skyguard systems will ultimately upgrade to Skynex, placing HALCON, its SkyKnight C-RAM missile system, and the UAE at the forefront of air defence system innovation.

UAE’s EDGE First in Middle East to be Ranked Among Top 25 Military Companies in the World

Wednesday, December 9, 2020 - 1:35pm

Others on the ranking included Lockheed Martin, the Aviation Industry Corp of China (AVIC), BAE Systems, Thales, Almaz-Antey, and Rolls Royce.

Key Points: 
  • Others on the ranking included Lockheed Martin, the Aviation Industry Corp of China (AVIC), BAE Systems, Thales, Almaz-Antey, and Rolls Royce.
  • SIPRI reported that the sales of arms and military services by the largest 25 companies totalled US$361 billion in 2019, with EDGE accounting for 1.3 per cent of this total arms sales.
  • Faisal Al Bannai, CEO and Managing Director, EDGE said: As EDGE marks its one-year anniversary, we are proud to be the first ever in the Middle East that is ranked among the top 25 largest military companies in the world by SIPRI.
  • As we continue to build the UAEs sovereign capabilities and develop partnerships for export growth, we remain excited about what the future holds.

Advanced Technology Research Council Announces ‘ASPIRE’ – to Drive the Creation of Future Transformative Technologies

Wednesday, November 25, 2020 - 11:22am

The newly established Advanced Technology Research Council (ATRC) has today announced its plans to drive the creation of future transformative technologies with the launch of its dedicated technology programme management pillar, ASPIRE.

Key Points: 
  • The newly established Advanced Technology Research Council (ATRC) has today announced its plans to drive the creation of future transformative technologies with the launch of its dedicated technology programme management pillar, ASPIRE.
  • Spearheading such competitions will strengthen Abu Dhabi and the UAEs position as an international hub for advanced technology research.
  • In three months since the first Advanced Technology Research Council board meeting, ASPIRE has started designing several grand challenges and international competitions in advanced technology.
  • ASPIRE drives the creation of future transformative technologies as the programme management pillar of Abu Dhabis Advanced Technology Research Council (ATRC).

Abu Dhabi Unveils a Pioneering Global Centre for Advanced Technology Research

Tuesday, November 10, 2020 - 12:07pm

Abu Dhabi has unveiled the Technology Innovation Institute (TII), a pioneering global centre for advanced technology research committed to reinforcing Abu Dhabi and the UAEs status as a global hub for innovation and advanced technologies.

Key Points: 
  • Abu Dhabi has unveiled the Technology Innovation Institute (TII), a pioneering global centre for advanced technology research committed to reinforcing Abu Dhabi and the UAEs status as a global hub for innovation and advanced technologies.
  • View the full release here: https://www.businesswire.com/news/home/20201110005653/en/
    His Excellency Faisal Al Bannai, Secretary-General of Advanced Technology Research Council (Photo: AETOSWire)
    The institute is the dedicated applied research pillar of the Advanced Technology Research Council (ATRC), which was recently established to set the research and development (R&D) priorities for Abu Dhabi.
  • His Excellency Faisal Al Bannai, Secretary-General of Advanced Technology Research Council, said the institute would help position Abu Dhabi and the UAE as a global hub for advanced technology research.
  • Technology Innovation Institute, the dedicated applied research pillar of the Advanced Technology Research Council (ATRC), is a pioneering global research and development centre that focuses on applied research and new-age technology capabilities.