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UAE’s Edge Group Acquires Majority Stake in Swiss VTOL Maker Anavia

Abu Dhabi-based Edge Group has acquired 52 percent majority shares of Swiss vertical takeoff and landing system manufacturer Anavia.  The move makes Edge a leader in VTOL.  “The acquisition of a majority share in Anavia is an important step in Edge’s strategy of bolstering its advanced autonomous aerial vehicle capabilities as it rapidly expands its...