According to Amac News: EDGE Group's announcement states that this development has strengthened the group's global competitiveness and strengthened its position as a leader in space capabilities.
According to the announcement, EDGE is fully committed to advancing the UAE's strategic interests in defense and advanced technology, and FADA's mission is to develop autonomous space capabilities and indigenous technologies in the UAE.
The announcement emphasized that by leveraging national and international partnerships and fostering critical synergies through Transfer of Technology (ToT) and Transfer of Knowledge (ToK), FADA aims to build an independent and self-reliant space sector that can meet national needs. and support business.
FADA will also significantly contribute to the UAE's transition to a knowledge-based economy and its broader economic diversification goals.