EDGE Group acquires 50% stake in Flaris, forms joint venture

EDGE Group, a UAE-based advanced technology and defence group, has acquired a 50% stake in Polish aviation company Flaris and will establish a joint venture to further develop Flaris' portfolio of personal jets, including unmanned variants.

“Incorporating Flaris’ engineering capabilities and a broad range of jets into our ecosystem is a strategic move for EDGE which will mark our expansion into jet engine manufacturing and advanced aviation technologies.”edrmagazine.eu

• 1 source
• edrmagazine.euEDGE Acquires 50% Stake in Flaris, Marking Strategic Expansion into Aviation Technology - EDR MagazinePaolo ValpoliniNov 10, 2023

Summarized from public sources; check the original articles before acting on it.