UAE-based EDGE has signed a far-reaching cooperation agreement with the government of the city of São José dos Campos, in the Brazilian state of São Paulo, according to a press release.
The agreement will cover collaboration in the areas of advanced technology, smart cities, education and talent development.
It is stated that the move reinforces EDGE’s presence in the strategically important Latin America market, providing a further boost to its commercial plans across the Brazilian and regional defense ecosystems.
The Memorandum of Understanding between the two parties was signed by Anderson Farias, the Mayor of São José dos Campos, and Rodrigo Torres, EDGE Group Chief Financial Officer, at the Mayor’s City Hall office.
The city of São José dos Campos is Brazil’s premier industrial manufacturing and technology hub and home to the country’s largest aerospace and defense companies, including smart weapons and high-tech systems specialist SIATT, in which EDGE purchased a 50% stake in 2023. The city is also home to some of Brazil’s leading universities and technology and research institutes.
Rodrigo Torres, EDGE Group Chief Financial Officer, said: “EDGE is moving into a new phase of growth in Brazil and the wider region, and the mutually valuable partnerships we forged with key players and local governments are now creating the conditions from which we can reap tangible benefits. There is no better example of this type of partnership then this agreement with the city of São José dos Campos, an internationally recognized hub of innovation and technical excellence, which will enable us to realize our commercial objectives, support the local economy, and to promote sustainable growth in advanced technology, and in the development of brilliant talent. On behalf of EDGE Group, I extend my heartfelt thanks to the Mayor and people of this forward-looking city.”
📌UAE-based @_edgegroup has signed a cooperation agreement with the government of the city of São José dos Campos.
📌The agreement will cover collaboration in the areas of advanced technology, smart cities, education and talent development.
🔗https://t.co/u7sDSwPmuW pic.twitter.com/ywf6vkK53V
— Defensehere (@defensehere_en) August 19, 2024
