Exail jumps after new orders for surface maritime drones

Exail Technologies SA

07/01/2026 08:25

** Shares in France's Exail Technologies EXA.PA rise 7% after the underwater drone maker won two supply contracts for its DriX H-9 surface drones

** Exail says the first order was placed by the innovation branch of a "leading" navy, and it will integrate aerial anti-drone capabilities

** The second order is from the hydrographic and oceanographic service of the French Navy for seabed mapping, it adds

** The deals represent promising commercial momentum at the start of the year, BNP Paribas' Portzamparc says

** "This new order reveals the full commercial potential of the DriX H-9 (three orders in six months) and, above all, the growing interest of defence players in surface drones," the brokerage says

** Including Wednesday's rise, the stock has gained 25% in the first week of 2026, after rising almost five-fold last year

** Seven analysts that cover the stock all rate it "strong buy" or "buy", according to LSEG data

(Reporting by Alessandro Parodi)

((Alessandro.Parodi@thomsonreuters.com;))