In August, as announced with the publication of the 2019 half-year accounts, pursuant to events following the closing of the accounts, DELTA DRONE transferred 49% of the capital of its subsidiary DELTA DRONE MAROC to a strategic partner, the private Moroccan group EM DIGITAL, which does business in the fields of energy, telecommunications and information technology (IT).
EM DIGITAL is a private Moroccan group that works with the main private and public players of the Kingdom and has a foothold in many African countries. It should be noted that EM DIGITAL’s client list includes the biggest names in the high-potential mining and energy industries.
After several months of preparation and putting in place a new organization, DELTA DRONE MAROC is now set to become a profit center with an offer that is essentially based on two professional solutions from DELTA DRONE’s portfolio: the ISS SPOTTER security solution and the ROCKETMINE solution for the mining industry.
In order to be in the best position to make this alliance a commercial success, the two partners have decided to:
- Change their joint subsidiary’s corporate name to DELTA DRONE AFRICA in order to express its mission of expansion throughout the African continent;
- Establish, by the second half of 2020, a demonstration and training site for operators of the systems implemented by the professional solutions from DELTA DRONE’s solutions portfolio. The plan is for this permanent site, which aims to host future clients from the entire continent, to be located close to Casablanca and Rabat.
DELTA DRONE AFRICA is already moving forward with its stated objectives, thanks to two initial orders for the ISS SPOTTER solution that should be finalized shortly, one of which is the result of a call for tenders by one of Morocco’s biggest energy groups.
Together, they represent volume of over €200K, with delivery and implementation set for the second half of the year. These first systems will be assembled at the Group’s new site in Dardilly.
About Delta Drone: The 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 related services, thus providing a full value chain.
Delta Drone is listed on Euronext Growth Paris – ISIN code: FR0011522168
Also listed on Euronext Growth: 33 443 695 BSA Y – ISIN code: FR0013400991
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