Drone Volt: shares sought after 'major' agreement

(CercleFinance.com) - On Thursday, Drone Volt's share price was one of the strongest performers on the Paris market, in high volumes, following the signature of a "major" distribution agreement in the United States.


At 12:20 pm, the share price was up by more than 5% in volumes representing twice its daily average for the last four sessions. At the same time, the CAC Mid & Small index advanced by 0.7%.

The manufacturer of professional civilian drones announced last night that it had signed an agreement with a US distributor specializing in the sale of surveillance and security equipment.

The signing of this five-year distribution agreement should open the doors to the world's largest market, without any additional investment.

Following this agreement, Drone Volt states that it should soon be in a position to unveil its first significant orders.

Finally, the group states that it is in discussions with other local distributors with the aim of deploying its products on a large scale on the US market.

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