Two new major orders for a total amount of approximately €20 million

Exail Technologies has completed a first joint sale containing underwater drones and positioning solutions, thus illustrating in concrete terms the complementary nature of the ex-iXblue and ex-ECA product lines, brought together within Exail. This order includes 5 remotely operated vehicle R7 and 5 acoustic positioning systems GAPS M7, to be delivered in 2023 to a European Navy. Combined, these two solutions enable surveillance / protection missions of port or coastal areas to be carried out with great ease of deployment and in a very efficient manner.

In addition, the French Defence Procurement Agency (Direction Générale de l’Armement) has awarded Exail an order for a simulation system as part of a defence program. This important contract, which will last several years, confirms the company’s ability to win successes in markets other than mine clearance. Thanks to these commercial successes, Exail Technologies strengthens its already significant backlog of nearly €600 million at the end of September 2022 and demonstrates its ability to generate revenue synergies within the new group.