The agreement was signed in Madrid on 13 January 2026 and was witnessed by senior Spanish and UAE government representatives, including the Spanish Secretary of State for Defence and the UAE Ambassador to Spain. The signatories were Hamad Al Marar, Managing Director and CEO of EDGE Group, and José Vicente de Los Mozos, CEO of Indra Group.
Subject to board approval from both companies, the new entity will be established as a dedicated manufacturing company in Spain. It will draw on EDGE’s expertise in loitering munitions and smart weapons to support manufacturing, assembly and lifecycle activities for Spanish and European defence programmes.
Production of loitering munition systems is expected to take place in the province of León at a new drone manufacturing facility developed by Indra. Indra’s estimated investment in the facility is expected to range between EUR 15 million and EUR 20 million.
Hamad Al Marar said: “Establishing this joint venture with Indra in Spain marks a decisive step in EDGE’s expansion into Europe. By developing loitering munition capabilities in Spain, we are enabling in-country manufacturing and responding directly to the scale and urgency of European defence requirements, while building long term industrial capability with a trusted partner.”
José Vicente de Los Mozos said: “Through this initiative, Indra takes a decisive step in its ambition to become a European reference in the drone industry. The development of capacities enables us to rapidly respond to the needs of the loitering munition market, a segment of strong attractiveness experiencing accelerated growth.”
