DRONE VOLT SA (FR:ALDRV) has released an update.
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DRONE VOLT SA has secured a landmark order for over 40 units of its top-selling HERCULES 20 drones from a new European client, to be used mainly for inspection missions. The order, following high interest at the Eurosatory defense and security exhibition, is set to significantly boost the company’s gross margin, which has already grown by +213% in the first quarter of 2024. The deliveries slated for the second half of 2024 and the company’s CEO, Marc Courcelle, anticipates further significant contracts before year-end.
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