After acquiring a 50% stake in Brazilian smart weapons and high-tech systems specialist, SIATT, the UAE’s EDGE Group, one of the world’s leading advanced technology and defence groups, has announced major developments in the growth of the company over the next two years.
Supported by EDGE, SIATT will expand its headquarters and manufacturing base in the city of São José dos Campos, in the State of São Paulo, from 1,000 square meters to approximately 7,000 square meters to accommodate new administrative and engineering offices, as well as laboratories and production facilities.
The company will also double its headcount to 200 highly-qualified full-time direct employees.
Additionally, is estimated to indirectly generate over 600 further positions, including with highly technological partners and suppliers, contributing to the development of the local talent pool and significantly contributing to the local economy.
Before the acquisition of SIATT in September 2023, EDGE Group had signed a co-development agreement with the Brazilian Navy for advanced long-range anti-ship missile technology, as part of the MANSUP national anti-ship missile project, for which SIATT is providing the guidance, navigation, control and telemetry systems.
Noteworthy, the announcement was made during a high-level delegation visit by senior members of the São Paulo State Government to EDGE Group headquarters in Abu Dhabi.
The four-day agenda included a series of meetings with EDGE Group management, and other key Abu Dhabi stakeholders, with the aim of facilitating potential strategic partnerships and to strengthen cooperation.
Founded in 2015, SIATT specialises in the integration of systems with high technological content, which provides solutions to the demands of the defence and aerospace sectors.
Source: https://edgegroup.ae/news/edge-group-announces-major-expansion-siatt-manufacturing-base-sao-paulo
