DRONE VOLT: DRONE VOLT terminates the convertible bond financing contract – 2023-03-02 at 18:00


Villepinte, March 2, 2023

DRONE VOLT, expert in embedded artificial intelligence and manufacturer of professional civilian drones, announces the end of its convertible bond financing contract signed with ATLAS SPECIAL OPPORTUNITES in September 2020, with the drawing of the last 3 tranches.

This latest printout comes at a time when the group anticipates taking significant new orders and wishes to strengthen its stocks to respond quickly to demand. As such, DRONE VOLT announced on February 22 that it had signed the largest order in its history, worth more than 20 million euros. This order must be delivered and invoiced during the 1

er

half of 2023. This order alone represents more than the turnover achieved by DRONE VOLT for the whole of 2022 (13.3 million euros).

“If, at this stage, we have not signed any new orders, we believe that demand for equipment should be sustained in the coming months. »

says Marc Courcelle, Managing Director of DRONE VOLT. ”

This is why we are determined to strengthen our stocks, to reduce delivery times to our customers as much as possible. “.

The tracking table for the shares issued under this contract is available on the Company’s website

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Next press release: Results for the 2022 financial year, Wednesday March 15, 2023

All DRONE VOLT press releases are available at www.dronevolt.com / Investors

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About DRONE VOLT

Created in 2011, DRONE VOLT is an aeronautical manufacturer specialized in professional civilian drones and artificial intelligence. DRONE VOLT is established in France, Benelux, Canada, Denmark, the United States, Switzerland and Indonesia. A global partner, DRONE VOLT offers its customers “turnkey” business solutions including various services and training in drone piloting.

The DRONE VOLT Group, a member of GICAT, achieved a turnover of 13.3 million euros in 2022.

DRONE VOLT notably supplies administrations and manufacturers such as the French Army, the Ministry of the Armed Forces, Engie, Total, Bouygues ES, ADP, the Gendarmerie des Transports Aériens (GTA), international governmental agencies, etc.

DRONE VOLT is qualified as an “Innovative Company” by Bpifrance.


DRONE VOLT is listed on the Euronext Growth market in Paris:

Share: Ticker: ALDRV.PA – ISIN code: FR0013088606 – Eligible: PEA, PEA-PME

Warrant: Ticker: BNBS.PA – ISIN code: FR0014007951

More information on www.dronevolt.com

contacts:

Investor Relations

DRONE VOLT


Sylvain Navarro – T: +33 7 88 87 50 88

[email protected]

FINANCE media relations

NEWS finance & communication


Manon Clairet – T: +33 1 53 67 36 73

[email protected]

CONSUMER AND BUSINESS DRONE VOLT media relations


Celine Vergely – T: +33 6 08 42 75 84

[email protected]


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