Thales: stock flies high on drone news
(CercleFinance.com) - Thales announces that it has successfully completed the preliminary design review of Vantis, a network that will enable drones to be safely integrated into North Dakota airspace.
The civilian drone market has enormous commercial potential and millions of drones are expected to take to the air over the next 20 years. The aeronautical ecosystem is thus facing new challenges in terms of safety and security.
This will lead to stricter registration and identification of drones by civil authorities. Operators will need to plan missions and receive flight approvals, which will enable drones to be identified and tracked safely.
To this end, Thales will integrate new and existing infrastructures into cloud-based traffic management software.
The market clearly likes this news - the Thales share is up around 6% on Monday afternoon, largely outpacing the CAC 40 (+2.3% at 3.30 pm).
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The civilian drone market has enormous commercial potential and millions of drones are expected to take to the air over the next 20 years. The aeronautical ecosystem is thus facing new challenges in terms of safety and security.
This will lead to stricter registration and identification of drones by civil authorities. Operators will need to plan missions and receive flight approvals, which will enable drones to be identified and tracked safely.
To this end, Thales will integrate new and existing infrastructures into cloud-based traffic management software.
The market clearly likes this news - the Thales share is up around 6% on Monday afternoon, largely outpacing the CAC 40 (+2.3% at 3.30 pm).
Copyright (c) 2020 CercleFinance.com. All rights reserved.