Edge, one of the world's leading advanced technology and defense groups, has announced the signing of a Memorandum of Understanding (MOU) with Exchange Income Corporation (EIC) (Toronto Stock Exchange: EIF). The collaboration aims to build upon the capabilities of both organizations in the aviation, defense, and advanced technology sectors. The new partnership combines EIC's and its subsidiary PAL Aerospace's expertise in developing piloted aircraft for special missions and mission management systems with Edge's leadership in unmanned aerial systems and artificial intelligence. These enhanced capabilities integrate with Canada's evolving defense priorities and Edge's mandate to support and strengthen sovereign defense capabilities.
Edge and EIC Sign MOU to Enhance Defense Capabilities
Global tech leader Edge partners with EIC to jointly develop aviation and defense systems, including UAVs and AI, aligning with Canada's strategic defense priorities.