UAE’s EDGE Group deepens military technology ties with Israel through $10 million investment.
Israfan | January 30, 2025
In a landmark deal showcasing deepening defense ties between Israel and the UAE, Emirati defense giant EDGE Group is set to acquire a 30% stake in Israeli security company Third Eye Systems for over $10 million. The agreement, still awaiting Israeli Defense Ministry approval, highlights growing military technology cooperation between the two nations.
Beyond the initial investment, EDGE Group plans to establish a joint venture with Third Eye Systems, focusing on electro-optical identification systems. EDGE will contribute an additional $12 million, securing a controlling 51% stake, while Third Eye Systems will hold 43%, and an undisclosed entity will control the remaining 6%.
Third Eye Systems, led by retired Major General Didi Yaari, specializes in smart camera technology for detecting UAVs and drones. Its clients include Israel’s Ministry of Defense, Israel Aerospace Industries, and Elbit Systems. Following the announcement, the company’s stock surged 23%, reflecting investor confidence in the partnership.
EDGE Group, one of the world’s leading manufacturers of precision-guided munitions, has expanded its global defense portfolio in recent years. In 2021, it signed a deal with Israel Aerospace Industries to co-develop autonomous naval vessels for military and commercial applications.
The potential sale marks another step in the strengthening security relationship between Israel and the UAE, a partnership made possible by the historic Abraham Accords. If approved, the deal will further integrate Israeli defense technology into the Gulf region, solidifying both nations’ roles as key players in global military innovation.
I am 1000% against ANY Israeli technology getting into Arab hands, especially MILITARY tech.
Arab Hudnas eventually turn sour. Max 10 year min 2 or LESS
If Israel can keep this company under control, it will be good to establish relationships in the gulf region. If the UAE turns around and sells it’s know how to Iran or China, it must be stopped immediately. Even permitting the stealing of information is out of bounds, which is included in “keep this company under control”.
@Leon
I agree with you. I am against it. Israel has a need of holding complete autonomy over her own defensive systems, and the feckless role played by the UAE over the past two years in support of terrorists in the West bank and in trying to preserve Iranian proxies in Gaza and Lebanon, demonstrates this fact.
I’m interested in hearing your thoughts on this and the other deals that Israeli hi-tech / military companies have made with Arab nations like the UAE. Can they be trusted? Originally I thought it was a good deal until I read that eventually the UAE firm will gain control of Third Eye Systems. I believe that Israel should always keep control of everything they produce.