Nordic Unmanned ASA

Regulatory Filings • Aug 26, 2021

Nordic Unmanned receives notification of EUR 7 million contract award

Nordic Unmanned receives notification of EUR 7 million contract award

26.8.2021 22:30:14 CEST | Nordic Unmanned | Additional regulated information

required to be disclosed under the laws of a member state

Nordic Unmanned has received a conditional letter of award from the European

Maritime Safety Agency (EMSA) regarding lightweight RPAS services supporting

pollution response and multipurpose maritime surveillance for up to 4 years,

with tender name EMSA/OP/1/2021.

The official value of the framework contract is EUR 7 million over a period of

up to 2+1+1years. Nordic Unmanned will utilize up to 19 Lockheed Martin Indago

remotely piloted aircraft systems (RPAS) drones in the service under the

contract. A mandatory initial configuration test must be successfully completed

within 45 days, before receiving the final framework contract signature. The

official signing of the contracts is expected before end of October

The lightweight RPAS services will be utilized in support of EU and EFTA Member

States, European institutions and bodies for pollution response at sea, safety

or civil maritime surveillance. Lightweight RPAS services will support civil

operations from vessels, onshore locations along the coastline or in ports. Up

to 17 oil pollution response vessels across Europe will be equipped with RPAS

equipment.

Nordic Unmanned will remain in 24/7 emergency response standby to operate the

systems and take part in relevant drills and exercises. Up to two systems will

be on standby for ad hoc long-term deployments. All operations will be live

streamed through Nordic Unmanned's streaming solution into the EMSA RPAS data

center. Sensors and payloads used under the contract will be day and night

video/image sensors, radioactivity detectors, and logistical vessel to vessel

support payloads.

The first specific contracts of deployment in Europe are expected to be received

and have financial effect from the fourth quarter 2021 and the level will

gradually increase through 2022. The utilization of the framework contract is

contingent on specific contract call-offs from the client during the lifetime of

the contract.

Nordic Unmanned was the incumbent bidder in this procurement as we also hold the

current lightweight RPAS service contract (EMSA/OP/12/2018). We expect the new

contract to gradually back-to-back replace the current contract, which will last

until May 2023.

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, krw@nordicunmanned.com

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 and sales of unmanned systems

and sensor technology.

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