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Tuesday, February 04, 2025

UAE Deepens Defense Ties with Israel: EDGE’s investment in Thirdeye Systemsnote

UAE’s EDGE Group will invest $10 million to buy a 30% stake in Israel’s Thirdeye Systems, a developer of artificial intelligence (AI)-based electro-optical systems to detect unmanned aerial vehicles (UAVs).

The note provides a comprehensive overview of the deal, covering:

- Expanded clauses under the deal

- EDGE’s broader strategy from investing in Thirdeye

The note also highlights EDGE’s strategic plan concerning Israel’s defense sector.


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