Nordic Unmanned and OMNI Helicopters International form a joint venture in Brazil to serve South American clients

30.8.2022 14:05:13 CEST | Nordic Unmanned | Additional regulated information
required to be disclosed under the laws of a member state

Nordic Unmanned is pleased to announce that it has signed an agreement with OMNI
Helicopters International ("OHI"), a leading provider of helicopter services, to
form a Brazilian joint venture focused on delivering unmanned solutions to a
wide client base in South America. The joint venture solidifies Nordic
Unmanned's position as a leading operator for unmanned services and expands the
portfolio of solutions that OHI offers its South American clients.

Reference is made to the announcement made to the stock exchange on the 7th of
July 2021 regarding an MOU signed with OMNI for Brazilian opportunities.

"We are excited to expand our operations to South America through a joint
venture with our trusted partner, OMNI Helicopters International, the largest
helicopter operator in Brazil. Together we will offer a unique set of drone
products and services to the Brazilian and South American markets. Our
operational experience combined with OHI's market position in South America sets
the new company in a great position to take a significant market share in this
growing industry in South America. The estimated market size of our current
range of services and products is more than 150 million euro in 2025 in Brazil
and with our proven track record we expect that the activity for the joint
venture is to surpass our current activity level in Europe within few years."
says CEO of Nordic Unmanned, Knut Roar Wiig.

The new company will initially utilise one of Nordic Unmanned's Camcopter S-100
systems, which will be used as one of the growth enablers in this market. Nordic
Unmanned is the leading innovator of offshore drone logistic and cargo services
in Europe, whilst OHI has over 20 years of experience and over half a million
flight hours delivering services to the oil and gas industry in South America.
The combined experience gives the newly founded company a unique position in the
Brazilian market.

"Our customers demand leading technology solutions, and we plan to be first to
provide them with efficiency enhancing services. This joint venture further
expands our portfolio of services and enables us to diversify into fast growing
verticals. Our strategy to become the leader in technology enabled mobility
services continues to take shape with this new partnership", says Jeremy Akel,
CEO, OMNI Helicopters International.

The joint venture will be organized in a new company and will be owned 35 per
cent by Nordic Unmanned and 65 per cent by OMNI Helicopters International. The
company will be located in Rio de Janeiro and operated by Brazilian management
with support from both parent companies.

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 and
industrial clients in the adaption of unmanned systems and services.

Founded in 2014, the Group has offices in Sandnes, Molde, Odense (DK), Cranfield
(UK), Hasselt (BE), Arnsberg (GER) and Baltimore (US) and has quickly become one
of the leading providers of unmanned systems and services, with operations
across Europe. Nordic Unmanned has one of the world's most comprehensive permits
to fly beyond visual line of sight (BVLOS), through the EASA approved Light UAS
operator Certificate (LUC). The Group is OEM for the drone products Staaker,
AirRobot and DroneMatrix. The Group is also world leading in the collection of
vessel emission data. It is ISO 9001-2015 and AS9100 certified for the
operation, maintenance, sale, design, development, and production of unmanned
systems and sensor technology.

For more information visit - https://nordicunmanned.com/



About OMNI Helicopters International

OHI is a transformative air mobility company focused on providing mission
critical services to its customers. The Company's main subsidiary is Omni Taxi
Aereo Brazil, is the country's largest private helicopter service provider with
a fleet of over 70 helicopters, 8 active fleet programs, and a network of over
10 bases. OHI's business model is based on three pillars: (i) pursuing national
excellence via the transfer of proprietary intellectual capital in safety,
reliability and cost-efficiency; (ii) providing sustainable access to investment
in the sector; and (iii) continuous innovation with flexible and customized
services in air mobility.

For additional information, please visit www.ohi.pt - http://www.ohi.pt