Edge Group, UAE State Defense Giant, Acquires 51% of Condor, Renowned Brazilian Manufacturer Specializing in Non-Lethal Technologies, As Part of Its Expansion Strategy in Brazil

Written by Rafaela Fabris

Published on 03/05/2024 at 12:35

Foto: Condor/Divulgação

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Condor, Known for Its Production of Tear Gas and Other Crowd Control Products, Is Present in Over 85 Countries and Will Be a Platform for Edge Group to Strengthen Its Global Position in the Sector, as Well as Transform Brazil into a Hub for Weapons Exportation.

The Acquisition of Condor by Edge Group Is a Strategic Move Aimed at Solidifying the UAE Company’s Presence in the Brazilian Market and Expanding Its Global Reach, Particularly in the United States, Where Condor Already Has a Strong Presence. Located in Rio de Janeiro, Condor Is a World Leader in the Production of Tear Gas and Other Crowd Control Products, with a Portfolio that Includes Over 160 Items Distributed in More Than 85 Countries.

This Purchase Marks Edge’s Second Major Bet in Brazil, Following Its Acquisition of a Stake in Siatt, a High-Tech Defense Systems Company. As a Result, Siatt Plans to Open a New Factory in São José dos Campos, SP, to Manufacture Long-Range Anti-Ship Missiles, in Collaboration with the Brazilian Navy.

Edge Group Aims to Expand Its Activities in Latin America and Africa, Taking Advantage of Brazil’s Productive Capacity

In Addition to Strengthening Its Position in the Non-Lethal Weapons Sector, Edge Plans to Expand Its Activities in Latin America and Africa, Taking Advantage of Brazil’s Productive Capacity and Its More Flexible Export Laws. The Company Also Opened an Office in Brasília, Reinforcing Its Commitment to Growth in the Region.

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Carlos Erane de Aguiar, Founder and President of Condor, Will Remain at the Helm of the Company, Emphasizing That the Partnership with Edge Will Not Only Facilitate Condor’s International Expansion but Also Bring Benefits to the Defense and Public Security Sector in Brazil. The Collaboration Is Seen as Key to Overcoming Logistical and Market Challenges, Allowing Condor to Explore New Territories.

Edge Group Sees Its Alliance with Brazilian Companies as a Strategy to Increase Its Global Influence in the Defense Sector, While Promoting Strengthening the Brazilian Industry with Substantial Investments and Technology Transfer.

Edge Group, UAE State Defense Giant, Acquires 51% of Condor, Renowned Brazilian Manufacturer Specializing in Non-Lethal Technologies, As Part of Its Expansion Strategy in Brazil

Condor, Known for Its Production of Tear Gas and Other Crowd Control Products, Is Present in Over 85 Countries and Will Be a Platform for Edge Group to Strengthen Its Global Position in the Sector, as Well as Transform Brazil into a Hub for Weapons Exportation.

Edge Group Aims to Expand Its Activities in Latin America and Africa, Taking Advantage of Brazil’s Productive Capacity

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Edge Group, UAE State Defense Giant, Acquires 51% of Condor, Renowned Brazilian Manufacturer Specializing in Non-Lethal Technologies, As Part of Its Expansion Strategy in Brazil

Condor, Known for Its Production of Tear Gas and Other Crowd Control Products, Is Present in Over 85 Countries and Will Be a Platform for Edge Group to Strengthen Its Global Position in the Sector, as Well as Transform Brazil into a Hub for Weapons Exportation.

Edge Group Aims to Expand Its Activities in Latin America and Africa, Taking Advantage of Brazil’s Productive Capacity

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

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