Press release
Paris, April 17, 2024
The Australian government today announced the abandonment of its 3-year mine warfare program.
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generation SEA 1905. This decision follows the review of defense programs which redefined the equipment priorities of the Australian armed forces to take into account budgetary constraints.
Exail acknowledges this decision and thanks the Australian Government for allowing it to be selected as one of the two best consortia to carry out the project. Exail will remain engaged in Australia to meet the future needs of the country’s armed forces with all of its unique technologies in navigation, sonar and autonomous surface and underwater systems.
The group’s commercial activity remains intense in several regions of the world and Exail Technologies maintains its confidence in its ability to achieve its medium-term growth ambitions.
About Exail Technologies
Exail Technologies is the new name of Groupe Gorgé, adopted after the transformation of the group at the end of 2022, now focused on the activities of its subsidiary Exail. Exail Technologies is an industrial company specializing in high technologies in the field of autonomous robotics with vertical integration of businesses. The group offers complex drone and navigation systems, as well as products for aerospace and photonics. Exail Technologies ensures performance, reliability and security to its civil and military customers operating in harsh environments and generates revenues in nearly 80 countries.
Exail technologies is listed on Euronext Paris Compartment B (EXA).
www.exail-technologies.com
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Contacts: | ||
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Investor relations Hugo Soussan Such. +33 (0)1 44 77 94 86 h.soussan@ exail-technologies.com Anne-Pauline Petureaux |
Media Relations Manon Clairet Such. +33 (0)1 53 67 36 73 [email protected] |
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