Scienza e Tecnologia
GROWTH MOMENTUM CONTINUES SEVERAL STRUCTURING STEPS FOR THE FUTURE HAVE BEEN TAKEN SUCCESSFULLY
GROWTH MOMENTUM CONTINUES
SEVERAL STRUCTURING STEPS FOR THE FUTURE HAVE BEEN TAKEN
SUCCESSFULLY
January 31, 2022 – 6 p.m.
1 - Consolidated revenue increased by +2 2.3% in 2021
Despite the persistence of the global health crisis that is slowing down the development of the activity (travel difficulties, supply disruptions, availability of employees, postponements of delivery and therefore billing, cancellation of events, etc.), Delta Drone has experienced a growing activity.
Revenue generated outside France, through the Australian and South African subsidiary Delta Drone International, amounted to €3.5 million, up +81.7% and represented 21.2% of the consolidated total. Activity in the southern hemisphere is mainly in the mining sector.
In France, activity grew more modestly by +17.6% and represented 78.8% of the consolidated total. It is now focusing on the two ISS Spotter (security) and Countbot (warehouse inventory) solutions, including taking into account the activity of the traditional security division which already plays a key role in the success of these two solutions.
2 – Delta Drone International becomes the market leader for mining activity in the Southern Hemisphere
One year after its incorporation, resulting from the merger of Delta Drone South Africa and ParaZero Ltd, the subsidiary Delta Drone International, listed on the ASX Stock Exchange in Sydney, continues its expansion, in accordance with the objectives assigned:
3 – The UDT portfolio represents an asset value of €8 million for Delta Drone
In 2017, Delta Drone embarked on a bold policy of acquiring minority stakes in companies that were often nascent, but with high growth potential. These operations were carried out via a specific subsidiary company created for this purpose, DDrone Invest originally, UDT today.
In a few years, the portfolio has been made up of 6 participations (Elistair, Donecle, Aero41, Diodon Drone Technologie, Sightec, Skylinx SLX).
At the end of 2021, the cumulative value of the portfolio companies is estimated, according to official analysis by an independent expert, at around €40 million, which gives Delta Drone, taking into account the various percentages of capital held, an asset value equal to €8 million.
Given the development prospects of portfolio companies, it is reasonable to assume that the value of the portfolio could more than double in the next two years.
4 – The "traditional security" division is a key element of the group's strategy
At the end of July 2021, Delta Drone strengthened its position in the capital of ATM Group to hold 100% of the capital. As a result of this operation, ATM Group was renamed Delta Drone Human Tech, marking the full integration of the "traditional private security" division within the group.
Indeed, Delta Drone Human Tech is intended to play an essential pivotal role in the deployment of the group's strategy:
5 – The Weesure Group remains associated with the group's strategic development
In April 2021 (see press release of April 21), Delta Drone had announced a draft agreement with the Weesure group. Regardless of the economic and strategic interest of the project, the evolution of Delta Drone's stock market valuation did not allow the conclusion of this project on terms satisfactory to the parties.
Taking note of this situation, a new partnership scheme is being finalised. It could be formalized in two parts:
It should be noted that the teams of Delta Drone and Weesure Africa have started for several months a close collaboration, leading to the establishment of many commercial proposals, mainly related to the ISS Spotter solution.
6 – The Paris Court of Justice confirms the ownership of the patent relating to automatic drone systems
On April 2, 2019, the French company Azur Drones had issued a summons in claim of the French patent filed by DPS (Delta Drone group) under the Number FR1755160 as well as the extension application N° XO 2018/224578.
3 years later, on January 21, 2022, the Judicial Court of Paris issued its decision, according to which:
This judgment of first instance is a very important step in all the legal proceedings initiated between the Delta Drone group and the company Azur Drones. It does not bode well for the outcome of the other ongoing cases, but it should nevertheless allow a beginning of clarification in relation to the market's assessment of the real position of the various players in the segment of security drone systems.
About Delta Drone: Delta Drone Group is a recognized international player in the field of civilian drones for professional use. It develops a range of professional solutions based on drone technology as well as all associated services that form a complete value chain.
Delta Drone shares are listed on the Euronext Growth Paris market – ISIN code: FR0011522168
BSA Y – ISIN code: FR 0013400991
www.deltadrone.com
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