Primoco UAV announces sales contract worth EUR 2.35 Million

Primoco UAV announces sales contract worth EUR 2.35 Million

Primoco UAV SE has announced a new contract for the supply of unmanned aerial vehicles. The Czech manufacturer will deliver machines with an aggregate value of EUR 2.35 million to a European customer. 

Primoco UAV SE’s new order follows a successful 2022, in which the company sold a total of 22 UAVs One 150. Twelve of them were delivered to customers last year, and the remaining ten will be completed and handed over in the first half of 2023. “Our goal for 2023 is to deliver a total of one billion crowns worth of unmanned aircraft and services to our customers. Due to the ongoing negotiations, I expect that the first contract concluded this year will be followed by the sale of 9 more machines in Asia and Africa in the first half of the year,” said Ladislav Semetkovský, founder and CEO of Primoco UAV SE.

The shares of Primoco UAV SE are traded on the PX START market of the Prague Stock Exchange. The company’s securities were among the best-performing shares on the Prague stock market last year with an appreciation of 52%.

In addition, from 30 January 2023, the purchase and sale of Primoco UAV SE shares is even more accessible to retail investors. The Prague Stock Exchange reduced the basic investment volume (lot) for this title on the Start market to 10 units, which at the current rate corresponds to CZK 4,000. Originally, the minimum threshold was ten times higher.