Groupe Gorge SA (FR:EXA) has released an update.
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Exail Technologies has secured a contract to provide the French Navy with an advanced autonomous deep-sea drone system, capable of operating at depths of 6,000 meters. This strategic investment, which begins in October 2024 and spans two years, builds on Exail’s 40-year expertise in deep-sea technology. The order contributes to the company’s strong third-quarter momentum, following a €60 million contract for K-Ster drones and successes in navigation systems, aiming for significant revenue growth.
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