DRONE VOLT SA (FR:ALDRV) has released an update.
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DRONE VOLT has inked a substantial contract with a key European powerline sector player, involving the custom development of the LINEDRONE and additional high-value services by its R&D team, projected to earn over 0.6 million euros in the next year. This deal, aligning with the company’s strategy to turn its R&D into a profit center, is expected to significantly boost the group’s service revenue and contribute to their aim of a positive EBITDA by 2025.
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