Brief: Drone Volt Secures Marketing Of 275 Hercules 20 Spray Drones In Central Europe

Drone Volt SA

02/12/2021 17:14

Dec 2 (Reuters) - DRONE VOLT SA  ALDRV.PA :
    * DRONE VOLT SECURES THE MARKETING OF 275 HERCULES 20 SPRAY
DRONES
IN CENTRAL EUROPE
    * PLANS TO SUPPLY 275 HERCULES 20 SPRAY DRONES OVER THE NEXT
3
YEARS
    * CONTRACT SIGNED ON FEBRUARY 8, 2021 WHICH COVERED THE
DELIVERY
OF A MINIMUM OF 275 HERCULES 20 SPRAY DRONES TO A DISTRIBUTOR
LOCATED IN THE SAME REGION HAS ENDED AND WILL NOT BE COMBINED
WITH THE NEW CONTRACT
    * DRONE VOLT AND ITS NEW INDUSTRIAL PARTNER WOULD STUDY
OPPORTUNITY TO SET UP LICENSE AGREEMENT FOR PRODUCTION OF THE
HERCULES 20 SPRAY DRONE BY THIS INDUSTRIALIST WHO ALREADY HAS A
DRONE ASSEMBLY LINE
    * OVER THE FIRST 12 MONTHS OF THE CONTRACT, 50 DRONES SHOULD
ALREADY BE DELIVERED
    * COULD GENERATE UP TO 5 MILLION EUROS IN REVENUE BASED ON
THE
LIST PRICE OF THE SOLUTION

Source text for Eikon:  ID:nACT72213 
Further company coverage:  ALDRV.PA 

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