^{EDGE Group Company, CARACAL, Signs Agreement with Malaysia-based Ketech Asia at LIMA 2023 (Photo: AETOSWire)}


Under the agreement, EDGE will conduct a transfer of technology to Ketech Asia
CARACAL will collaborate with Ketech Asia on localized assembly and resale of the CAR 816 tactical assault rifle

ABU DHABI, United Arab of Emirates, May 24 (Bernama-BUSINESS WIRE) -- CARACAL, an EDGE Group (“EDGE”) Company and a leading small arms manufacturer, today announced signing an agreement with Ketech Asia, an advanced ammunition producer and small arms solutions provider, for the production and resale of CARACAL’s CAR 816 in Malaysia. The agreement was signed by Hamad Al Ameri, CEO of CARACAL, and Mohd Nahar Mohd Nasir, CEO of Ketech Asia, at the Langkawi International Maritime and Aerospace Exhibition (LIMA 2023), being held in Langkawi, Malaysia, until 27 May.

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Under the agreement, the two companies will conduct a transfer of technology that enables Ketech Asia to assemble the highly reliable, mission-proven CAR 816 tactical assault rifle at its new facilities in Pahang, in support of the Royal Malaysia Armed Forces requirements. Cooperation will also take place to review the potential of co-developing new firearms, and Ketech Asia will become an official reseller of the rifle, underscoring EDGE’s confidence in developing valuable and mutually beneficial industry partnerships in Malaysia, with the aim of increasing sales of regionally manufactured advanced products and solutions in markets across Southeast Asia. The agreement with Ketech will also aid EDGE to explore other opportunities in Malaysia for the full range of CARACAL small arms.

Attendees of LIMA 2023 can visit EDGE at stand A07 at the Mahsuri International Exhibition Centre (MIEC) in Langkawi, Malaysia.

About EDGE

Launched in November 2019, the UAE’s EDGE is one of the world’s leading advanced technology groups, established to develop agile, bold and disruptive solutions for defence and beyond, and to be a catalyst for change and transformation. It is dedicated to bringing breakthrough innovations, products, and services to market with greater speed and efficiency, to position the UAE as a leading global hub for future industries, and to creating clear paths within the sector for the next generation of highly-skilled talent to thrive. With a focus on the adoption of 4IR technologies, EDGE is driving the development of sovereign capabilities for global export and for the preservation of national security, working with front-line operators, international partners, and adopting advanced technologies such as autonomous capabilities, cyber-physical systems, advanced propulsion systems, robotics and smart materials. EDGE converges R&D, emerging technologies, digital transformation, and commercial market innovations with military capabilities to develop disruptive solutions tailored to the specific requirements of its customers. Headquartered in Abu Dhabi, capital of the UAE, EDGE consolidates more than 20 entities into four core clusters: Platforms & Systems, Missiles & Weapons, Electronic Warfare & Cyber Technologies, and Trading & Mission Support.

For more information, visit edgegroup.ae

*Source: AETOSWire

View source version on businesswire.com: https://www.businesswire.com/news/home/20230523005046/en/

Contact

For media enquiries, please contact:

EDGE Group Communications

Priya Roy
C-Priya.Roy@edgegroup.ae

Source : EDGE

--BERNAMA