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3mo ago

EDGE Group Agrees to Buy Brazil's Akaer

Bringing UAE defence investment into Brazil's aerospace supply chain, the purchase supports EDGE's push to industrialize unmanned aerial vehicles as it expands optronics and space work.

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Overview

  • EDGE Group announced an agreement to acquire 100% of São José dos Campos‑based Akaer, with the companies making the deal public on Thursday, July 16.
  • The transaction has not closed and remains subject to customary conditions and regulatory approvals, and the parties have not disclosed the purchase price.
  • Akaer said it will continue operating in Brazil with local governance and retain its Empresa Estratégica de Defesa (EED) status while jobs and programmes are preserved.
  • EDGE said the acquisition will strengthen its ability to meet industrialization schedules for UAVs and broaden skills in optronics, electro‑optical and infrared systems and related space technologies.
  • Founded in 1992, Akaer has worked on projects such as Gripen NG, KC‑390, Super Tucano and Embraer programmes, and EDGE has signalled plans to use the buy to grow exports and scale the company over the coming years.