Villepinte, September 25, 2020
DRONE VOLT, expert in on-board artificial intelligence and manufacturer of professional civilian drones, announces the signing of a letter of intent with a European distributor customer for the supply of a minimum of 275 HERCULES 20 SPRAY * drones over the next 3 years.
DRONE VOLT is taking a major step in its history with the signing of this agreement which, based on the list price of the solution, would represent an amount of invoices exceeding 5 million euros.
This letter of intent concludes an exclusive partnership which has enabled the client to develop a unique spraying system for viticulture based on HERCULES 20 SPRAY *. Thus, thanks to a dedicated digital application and the use of specific electronic nozzles, chemical product volumes are reduced by 50%, water consumption by 90% and intervention time by half compared to existing applications.
« This agreement is the result of a two-year collaboration which resulted in the mass production of a single machine and the signing of a very ambitious distribution agreement. Says Olivier GUALDONI, CEO of DRONE VOLT. “The group continues to be part of an environmental protection approach with innovative” zero emission “solutions that would limit the exposure of populations to highly toxic products”.
* The HERCULES 20, a drone developed and produced by DRONE VOLT equipped with 8 electric motors, can carry at least 15 kg of payload.
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About DRONE VOLT
Created in 2011, DRONE VOLT is an aeronautical manufacturer specializing in professional civilian drones and artificial intelligence. DRONE VOLT is located in France, Benelux, Canada, Denmark, the United States, Switzerland and Indonesia. Global partner, DRONE VOLT offers its customers “turnkey” business solutions including various services and drone pilot training.
The DRONE VOLT Group, a member of GICAT, achieved a turnover of 7.1 million euros in 2019 (unaudited data).
DRONE VOLT supplies in particular administrations and manufacturers such as the French Army, the Ministry of the Armed Forces, Engie, Total, Bouygues ES, ADP, the Gendarmerie des Transports Aériens (GTA), international government agencies …
DRONE VOLT is qualified as an “Innovative Company” by Bpifrance.
DRONE VOLT is listed on the Euronext Growth market in Paris:
Action : Mnémo : ALDRV.PA – Code ISIN : FR0013088606 – Eligible : PEA, PEA-PME
BSA : Mnémo : DRVBS – code ISIN : FR001286054
More information on www.dronevolt.com
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