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Exail Technologies Clinches New Northern Europe Deal

Exail Technologies Clinches New Northern Europe Deal

Groupe Gorge SA (FR:EXA) has released an update.

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Exail Technologies, a specialist in autonomous robotics and navigation systems, has secured a new contract for the supply of its state-of-the-art Advans Vega inertial units to a Northern European country’s mobile surveillance systems. This deal continues the company’s strong sales trajectory in the ground defense sector, including a record order for the German army earlier this year. The positive sales performance is bolstered by a recent 60 million euros order for K-STER underwater drones.

For further insights into FR:EXA stock, check out TipRanks’ Stock Analysis page.

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