Brief: Drone Volt Signs Contract With Aquiline Drones For A License Production Of Hercules 2 And Altura Zenith

Drone Volt SA

13/10/2020 18:11

Oct 13 (Reuters) - DRONE VOLT SA  ALDRV.PA :
    * SIGNS CONTRACT WITH AQUILINE DRONES FOR A LICENSE
PRODUCTION OF
HERCULES 2 AND ALTURA ZENITH
    * CONTRACT ALSO PROVIDES THAT DRONE VOLT WILL BE ABLE TO USE
HARTFORD PLANT FOR UP TO 25% OF THE SITE'S PRODUCTION CAPACITY
TO MEET THE NEEDS OF ITS CUSTOMERS WORLDWIDE, OUTSIDE THE UNITED
STATES
    * AQUILINE DRONES WILL BE RESPONSIBLE FOR ALL INVESTMENTS
(CAPEX)
AND OPERATING COSTS (OPEX) AND WILL BEAR FULL RESPONSIBILITY FOR
PRODUCTION

Source text for Eikon:  ID:nACT65562 
Further company coverage:  ALDRV.PA 

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