(Boursier.com) — A few months after the Delta Drone Engineering subsidiary was placed under safeguard, the Commercial Court of Nantes, by decision dated March 1, 2023, converted the Judicial safeguard procedure into Judicial Liquidation.
Delta Drone explains that the drone systems developed by Delta Drone Engineering (ISS Spotter for the security sector and Countbot for the logistics sector) are now operational (since the end of the first half of 2022) and no longer require maintenance work. R&D supported by a full team of engineers.
In this context, multiple efforts have been made for several months to find a growth driver and develop an engineering activity on behalf of third parties, so as to make the subsidiary financially independent. “However, these attempts were in vain, thwarted by a very gloomy general economic situation and by a succession of resignations, halving the workforce of the company which had only 7 employees in January 2023”, specifies Delta Drone.
The group adds that the agreement signed recently with Sichuan AEE Aviation Technology considerably modifies the technical capacities of the Group, thanks to the new support provided by the engineering teams and the 7 research centers of the new partner, in particular with regard to the systems existing.
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