Sign in
Technology and defense group Edge acquired a 51% stake in Brazil-based Condor, a major global player in non-lethal technologies (NLT), Edge said in a statement. Condor boasts a collection of over 160 NLT products. The move will bolster Edge’s position in defense, public, and homeland security sectors and grow both companies’ market presence across NLT sectors and allow them to tap into markets such as the US.
What they said: “Our world is currently experiencing a period of not only increased civil unrest, immigration crisis, and street protests, but also major concerns about the levels of force used in combat situations in populated environments, asymmetric warfare, and post-war damage control, where non-lethal technologies play a relevant role,” Hamad Al Marar, Edge Group CEO said.
About Condor: Condor has a presence in more than 85 countries and is the top manufacturer of tear gas and related items for various defense and security uses worldwide. The firm also produces non-lethal products such as rubber bullets, smoke grenades, pyrotechnics, tactical kits, chemical sprays, drones, electrical incapacitating devices, and facial recognition body-worn cameras.
