EDGE Group has signed a memorandum of understanding (MoU) with the Basilicata regional government on 15/6/2026 to advance industrial cooperation, technology exchange, innovation, and workforce growth, further consolidating the group's long-term presence in Italy.
The agreement was signed during an official EDGE delegation visit to Costruzioni Motori Diesel (CMD) in Atella, where the Emirati defense conglomerate has agreed to acquire a controlling stake in the Italian propulsion company. The initiative reflects EDGE's broader strategy to expand its international industrial footprint while securing access to critical technologies and engineering capabilities in key strategic markets.
The following note sheds light on:
- CMD's Role in EDGE's Propulsion Strategy
- EDGE's European Propulsion and Autonomy Hub
