UAE conglomerate Edge unveiled smart loitering drones on Sunday as the country continues to strengthen its defence manufacturing capabilities.
Another Edge subsidiary, Adasi, also showcased a range of unmanned robotic armoured ground vehicles.
“Through launching the first UAE-made family of smart loitering drones, Edge marks a significant milestone as a key technology enabler and in boosting the country’s autonomous capabilities and artificial intelligence integration,” said chief executive and managing director Faisal Al Bannai.
“With the future increasingly relying on unmanned systems that provide a higher degree of tactical flexibility, we have invested extensively to fast-track research and development investment in these domains, bringing related products to market with speed,” said Mr Al Bannai.
The QX family of loitering drones includes the QX1, the QX2 and the QX3 – micro, mini and small unmanned aerial vehicles, respectively – as well as the QX4.
The precision-guided systems use sophisticated AI algorithms to lock on to targets and strike. They have a radial accuracy of one metre and can be operated in any environment, the company said.
A second range of loitering drones, the Shadow 50 and the Shadow 25, have advanced guidance capabilities and a high-precision strike rate against fixed targets.
These UAVs use global navigation satellite systems and can fly using video-navigation systems in environments in which GPS is blocked.
Edge also showcased the Rash 2 “fixed-wing guidance kit for mortars and other in-house designed payloads" that can glide and "direct munitions to ground targets”.
Adasi secured a Dh55 million ($14.9m) contract to supply the Rash 2 kit to the UAE Armed Forces.
The company also unveiled a four-door armed robotic vehicle known as Ajban and two unmanned ground vehicles, the Scorpio-M and the Scorpio-S.
The Ajban was developed alongside Edge Group company Nimr and can be operated by a ground control station with a communication range of 12 kilometres.
The Scorpio-M and the Scorpio-S are small self-driving ground vehicles that communicate with an unmanned control station within a range of 3km.
“Automation is a strategic priority for the Edge Group and the launch of three autonomous systems by Adasi – with additional collaboration with Nimr – is testament to our collective focus, capability and determination,” said Mr Al Bannai in a separate statement.
The UAE aims to be an industry leader in AI and the development of applications for unmanned systems.
Minister of State for Defence Affairs Mohammed Al Bowardi said last year that the land, air and sea technology could be used to conduct surveillance, regulate traffic, secure urban and remote areas and battle forest fires.
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Tributes from the UAE's personal finance community
• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style
“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.
Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term.
From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”
• Sam Instone, director of financial advisory firm AES International
"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed. Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."
• Demos Kyprianou, a board member of SimplyFI.org
"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."
• Steve Cronin, founder of DeadSimpleSaving.com
"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.
His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.
Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."
• Zach Holz, who blogs about financial independence at The Happiest Teacher
"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen. He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”
• Tuan Phan, a board member of SimplyFI.org
"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."
Other key dates
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Finals draw: December 2
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Finals (including semi-finals and third-placed game): June 5–9, 2019
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Euro 2020 play-off draw: November 22, 2019
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Euro 2020 play-offs: March 26–31, 2020
GAC GS8 Specs
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WandaVision
Starring: Elizabeth Olsen, Paul Bettany
Directed by: Matt Shakman
Rating: Four stars
Analysis
Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
The biog
Name: Sarah Al Senaani
Age: 35
Martial status: Married with three children - aged 8, 6 and 2
Education: Masters of arts in cultural communication and tourism
Favourite movie: Captain Corelli’s Mandolin
Favourite hobbies: Art and horseback ridding
Occupation: Communication specialist at a government agency and the owner of Atelier
Favourite cuisine: Definitely Emirati - harees is my favourite dish