Mutually decision to terminate the LOI concerning NM LLC Assets

On August 8, 2016, Delta Drone announced entering into exclusive discussions aiming at acquiring assets of the US based company NM, LLC. These assets are made up of patents on the QR code technology and commercial contracts.

Based on a more precise analysis of the synergies between the abovementioned assets and the industrial and commercial strategy of Delta Drone, the parties mutually agreed to terminate.

This decision does not however question the interest of Delta Drone for the QR Code technology for data encryption and drone traceability.”

About Delta DroneThe Delta Drone Group is a renowned player in the field of civilian drones for professional use. It offers a complete service, from data acquisition to data processing through a specifically developed information system, including a supply of professional pilots. These pilots are trained and certified by EFD, a subsidiary of the Group, and local partners.

Delta Drone is listed on the Alternext market of Euronext Paris.

ISIN code: FR0011522168.

Contact : Jérôme Gacoin
01 75 77 54 65

Download the October 31, 2016 press release

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