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Nordic Unmanned ASA

Capital/Financing Update Oct 6, 2021

3682_rns_2021-10-06_42cfbdf8-06dd-4f6d-badc-48e81d99dc37.html

Capital/Financing Update

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Nordic Unmanned successfully completes Initial Configuration Test - Triggers signature process of EUR 7 million contract

Nordic Unmanned successfully completes Initial Configuration Test - Triggers signature process of EUR 7 million contract

6.10.2021 07:30:01 CEST | Nordic Unmanned | Additional regulated information

required to be disclosed under the laws of a member state

In reference to the notice made to market on the 26th of August regarding the

conditional award received from European Maritime Safety Agency (EMSA) regarding

lightweight RPAS (drone) services supporting pollution response and multipurpose

maritime surveillance, with the contract value of up to EUR 7 million over 4

years.

The mandatory initial configuration test (ICT) for EMSA/OP/1/2020 has now been

successfully completed with a live flight and the ICT report has now been

submitted, all within the timeframe of the tender process. Nordic Unmanned has

signed and submitted the contract provided by EMSA. The tender process grants

EMSA the right to respond to the submitted report with their determination on

signature of the framework contract.

Nordic Unmanned expects to receive the counter signed contract in October and to

receive the first specific contract call-offs in Q4 2021, with revenue effect

from Q4 2021.

Knut Roar Wiig, CEO of Nordic Unmanned says: "With the ICT completed, we are

ready to keep assisting EMSA and EU countries with supporting pollution response

and multipurpose maritime surveillance. We continue to be ready for 24/7

emergency response standby and operate the systems and take part in relevant

drills and exercises."

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Knut Roar Wiig, CEO, +47 92 66 66 59, [email protected]

ABOUT NORDIC UNMANNED

Nordic Unmanned delivers comprehensive data solutions through industry leading

expertise, to assist both public and private customers in the transition to

unmanned technology. The focus is to support demanding clients by collecting

time-critical data with the use of unmanned technology.

Founded in 2014, the company has offices in Sandnes, Oslo, and Frankfurt, and

has quickly become one of Europe's leading providers of unmanned systems and

services, with operations across the continent. The company is ISO 9001-2015

certified by DNV-GL for the operation, maintenance, sale, design, development

and production of unmanned systems and sensor technology. and sensor technology.

For more information visit nordicunmanned.com - https://nordicunmanned.com/

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