Fire Point and EDGE Group to Collaborate on UAE Spaceport and Missile Program
DEFENSESPACE ECONOMY
Ukrainian defense company Fire Point is exploring the development of a spaceport and missile program in the UAE through a partnership with EDGE Group, which plans to acquire a 30% stake for approximately $760 million. An official announcement regarding the collaboration is anticipated by Q1 2024. Founded in 2022, Fire Point aims to revitalize Ukraine's space program, while EDGE Group focuses on advancing defense technologies in the region.

Jan 21, 2026, 8:43 PM