Drone Volt signs a significant contract worth over 0.6 ME
(CercleFinance.com) - Drone Volt has announced the signature of a 'significant' contract with 'a major player in the power line sector in Europe'.
The contract covers the adaptation of the LINEDRONE drone by the company's R&D department to meet a specific need, as well as associated services.
Custom drone design will be invoiced, helping to transform R&D into a profit center.
The contract, worth in excess of 0.6 million euros over 12 months, underlines the complementary nature of Drone Volt's divisions and supports the growth of its most profitable service business.
Marc Courcelle, CEO, adds that this operation will contribute to achieving the company's objective of positive EBITDA by 2025.
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