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Exail Technologies Sees Robust Q3 Growth

Exail Technologies Sees Robust Q3 Growth

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

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Exail Technologies reported a strong third quarter in 2024, with revenues soaring by 37% to €89 million and a remarkable 139% increase in order intake. The company secured substantial contracts in maritime robotics and navigation systems, including a significant deal for K-STER drones with the Belgian and Dutch navies for €60 million. Exail’s robust commercial efforts are paying off, reflected in a total of €306 million in new orders over the first nine months of the year.

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

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