Nordic unmanned raises capital to consolidate fragmented european drone industry – suas news

Nordic Unmanned raises capital to consolidate fragmented European drone - sUAS Information 1

Sandnes, 5 March 2021 – Nordic Unmanned, a number one supplier of unmanned techniques and providers, at present introduced that it has carried out a non-public placement of NOK 100 million to pursue acquisitions.

“Whereas we see robust natural progress forward, we additionally see great alternatives so as to add worth via acquisitions. We now have mapped the in Europe, figuring out plenty of potential acquisition targets. There are a variety of smaller area of interest gamers within the that can profit from the expansion engine we now have constructed,” stated Knut Roar Wiig, CEO and co-founder of Nordic Unmanned.

The European drone market was estimated at roughly USD 5 billion in 2020 and is anticipated to double in dimension by 2025. The biggest income section providers, which is Nordic Unmanned’s focus.

Nordic Unmanned was publicly listed on Euronext Progress in Oslo in December 2020 following a non-public placement of NOK 99 million, with the principle function of increasing the fleet of unmanned plane. Since then, one Schiebel CAMCOPTER S-100 RPAS system is added to the fleet, and additional additions are on the best way.

“We’re the primary publicly listed drone operator in Europe, and the robust reception after the itemizing has enabled us to boost additional capital at beneficial phrases, placing us in an excellent higher place to be a pacesetter in an upcoming consolidation,” stated Mr. Wiig.

Please see the regulatory launch for additional particulars:

https://newsweb.oslobors.no/message/526912

Contacts

Knut Roar Wiig, CEO, +47 92 66 66 59, [email protected]

About Nordic Unmanned

Nordic Unmanned delivers complete information options via industry-leading experience, to help each private and non-private clients within the transition to unmanned expertise. The main focus is to help demanding purchasers by accumulating time-critical information with the usage of unmanned expertise.

Based in 2014, the corporate has places of work in Sandnes, Oslo, and Frankfurt, and has rapidly change into one in every of Europe’s main suppliers of unmanned techniques and providers, with operations throughout the continent. The corporate is ISO 9001-2015 licensed by DNV-GL as a UAV and sensor operator.


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