22.8.2022 08:30:01 CEST | Nordic Unmanned | Non-regulatory press releases
Nordic Unmanned opens a North American office headed by a seasoned industry
veteran to expand its business in the world's largest and fastest-growing drone
market.
The office will be located in Baltimore County, Maryland, close to strategic
partners, potential governmental and commercial clients and aviation
authorities. The focus will be on offering Nordic Unmanned's existing products
and services portfolio, as well as operational experience with performing
long-range, complex beyond visual line of sight (BVLOS) operations, in pursuit
of the North American defense, government, and commercial markets.
North America is the largest drone market in the world, with the highest
expected growth rate, both within the defense and enterprise market. The U.S.
2023 defense budget request consists of 20 programs fully dedicated to the
procurement of drones, totaling $2.6 billion. The enterprise market adds to
this, with its expected CAGR of 15.8 percent from 2021 to 2030.
"Expanding into accessible markets is a key part of our growth strategy. The US
is a very appealing market for Nordic Unmanned, allowing us to build upon our
leading role in the European drone industry and leverage our EASA-approved Light
UAS Operator Certificate (LUC) and experience within complex BVLOS drone
operations. This provides a solid foundation for capturing the enormous
opportunities identified through the development of drone regulations in North
America. Europe and North America have a long and positive history of
collaboration on aviation rules, safety, regulations and operational licenses,
for all aspects of the aviation industry, including drones. Nordic Unmanned has
the ambition to become the first company with a fully approved BVLOS operating
certificate, for multiple complex drone systems, in both Europe and the U.S,"
says Knut Roar Wiig, CEO of Nordic Unmanned.
The North American market will be led by the seasoned multi-mode aviation,
defense, rail, and transit executive Timothy Tenne. Mr. Tenne joins Nordic
Unmanned from the position of Chief Operations Officer at Easy Aerial Inc, where
he has led their operations, production, regulatory, and other areas within the
defense, enterprise, government, and rail drone solutions. Mr. Tenne has also
held senior leadership positions with, amongst others, the Federal Aviation
Administration (FAA), Amtrak, Maryland Transit Administration and U.S. Air
Force. Mr. Tenne is a local of Baltimore County and Maryland, where he attended
the U.S. Naval Academy and went on to become a pilot and leader, and eventually
retired after many years of service.
"I'm excited by this opportunity, and I look forward to making the new entity
the leader in this market and applying my many years of executive aviation and
aerospace experience to deliver cutting-edge solutions to existing and new
customers in multiple verticals," says Timothy Tenne.
"Opening the office in Baltimore County was a carefully planned and strategic
decision. Maryland is an attractive state for this business, with proximity to
partners, potential customers, test and operations areas, a growing pool of
technical and engineering talent, and proximity to the Federal Aviation
Administration (FAA). These are major benefits, while at the same ensuring
closeness to Norway with only a six-hour time difference. This is crucial for us
to ensure synergies and to harvest the substantial operational experience from
our colleagues in Norway," Mr. Tenne says.
"As the leading operator and provider of drone solutions, it is a natural next
step for us to enter the largest and fastest growing market in the world. We
expect to turn the current North America opportunity pipeline into revenue
within the next six months," concludes CEO Knut Roar Wiig.
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
ABOUT NORDIC UNMANNED
Nordic Unmanned is a global leader of high-end products and services related to
drones and data capture. Through worldwide operational experience and
industry-leading expertise, Nordic Unmanned supports large governmental
andindustrial clients in the adaption of unmanned systems and services.
Founded in 2014, the Group has offices in Sandnes, Oslo, Molde, Odense (DK),
Cranfield (UK), Hasselt (BE) and Arnsberg (GER) and has quickly become one ofthe
leading providers of unmanned systems and services, with operations across
Europe. The Group is ISO 9001-2015 and certified for the operation, maintenance,
sale, design, development, and production, of unmanned systems and sensor
technology and sensor technology. The production is also AS9100 certified.
For more information visit - https://nordicunmanned.com/