14.6.2021 12:20:24 CEST | Nordic Unmanned | Additional regulated information
required to be disclosed under the laws of a member state
Nordic Unmanned has signed a framework service contract with Schiebel Aircraft
GmbH, with an estimated value of up to EUR 10 million. The scope of the contract
is for environmental monitoring and maritime surveillance services by deployment
from land or vessels, which is related to framework contracts currently held by
Schiebel.
This notice is made in alignment of Nordic Unmanned's notice to market on the
18th of February 2021 concerning the entry of a strategic partnership with
Schiebel Aircraft GmbH.
As a result of this contract, Nordic Unmanned has also entered into an agreement
for the acquisition of a new CAMCOPTER S-100 system to be delivered in Q3 2021.
This system will be Nordic Unmanned's 3rd system, making Nordic Unmanned the
largest independent operator of CAMCOPTER S-100 systems in Europe. The new
system will be delivered with a configuration which supports emission
monitoring, artificial intelligence based maritime surveillance and long-range
offshore logistic missions. The system is delivered with an integrated precision
landing capability, making automatic remote landing on offshore installations,
rigs, and vessels possible. The new configuration of the system expands our
current offering in and outside Europe and is in alignment with Nordic
Unmanned's previously communicated market strategy.
The emission monitoring capability in the system will be provided by NUAer,
which is the joint venture under establishment between Nordic Unmanned and
Aeromon, as earlier notified to market on the 28th of April 2021.
The investment in the new CAMCOPTER S-100 system with related sensors and spare
parts, follows the earlier communicated investment plan and is financed with a
combination of equity, bank credit facility combined with an export guarantee
from GIEK.
Knut Roar Wiig, CEO at Nordic Unmanned stated: We are very excited about this
new contract and our strengthened partnership with Schiebel and increased
capabilities this is providing Nordic Unmanned. This contract is in alignment
with our communicated growth plan, and allows for increased fleet utilization
and optimalization. As we are now the largest independent operator of long
endurance helicopter drones in Europe, it is time to also start sealing deals in
other markets.
The revenue of the new contract is based upon call-offs from Schiebel and is
formally subject to approvals from end client. The activity is expected to
commence in Q4 2021, and the contract has a duration of up to 4 years.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Knut Roar Wiig, CEO, +47 92 66 66 59, krw@nordicunmanned.com
* Trond Østherhus, Chief Financial Officer, Nordic Unmanned AS, +47 95 99 08
79, to@nordicunmanned.com
ABOUT NORDIC UNMANNED
Nordic Unmanned delivers comprehensive data solutions through industry leading
expertise, to assist both public and private customers in the transition to
unmanned technology. The focus is to support demanding clients by collecting
time-critical data with the use of unmanned technology.
Founded in 2014, the company has offices in Sandnes, Oslo, and Frankfurt, and
has quickly become one of Europe's leading providers of unmanned systems and
services, with operations across the continent.The company is ISO 9001-2015
certified by DNV-GL for the operation, maintenance and sales of unmanned systems
and sensor technology.
For more information visit nordicunmanned.com - https://nordicunmanned.com/