Nordic Unmanned ASA

Regulatory Filings • Mar 30, 2021

Nordic Unmanned (NUMND) teams up with Textron Systems to enter the European fixed wing drone market

Nordic Unmanned (NUMND) teams up with Textron Systems to enter the European fixed wing drone market

30.3.2021 08:30:16 CEST | Nordic Unmanned | Additional regulated information

required to be disclosed under the laws of a member state

Nordic Unmanned has teamed up with Textron Systems Corporation, a Textron Inc.

(NYSE: TXT) company, to enter the fixed wing segment of the European drone

market. The first commercial opportunity for the team is already targeted, as

Nordic Unmanned is competing for a contract with the European Maritime Safety

Agency (EMSA) with Textron Systems as its supplier of platform and lifecycle

support.

"We're excited to be collaborating with an industry heavyweight such as Textron

Systems, as we now move full speed ahead into the fixed-wing vertical of the

drone industry. The fixed-wing drone market vertical is a brand-new untapped

opportunity for us, and it fits perfectly into our offering as we today are only

offering vertical take-off and landing (VTOL) based solutions," said Knut Roar

Wiig, CEO of Nordic Unmanned.

The EMSA tender process, which is based around the Textron Systems Aerosonde?

unmanned aircraft system (UAS), covers maritime surveillance and coast guard

functions, including environmental surveillance, rescue work, border control and

vessel surveillance. The total value of the contract is estimated at EUR 20

million over 4 years from Q3 2021. The contract is expected to be awarded to the

successful bidder in the second quarter 2021.

A fixed-wing drone has wings, as opposed to vertical lift rotors. Each category

has advantages, dependent upon mission. A fixed-wing drone can provide

advantages over rotary wing drones by providing considerably increased

endurance, increased range, and acoustic advantages. A fixed-wing drone has a

dramatically lower CO2 emission and environmental footprint compared to a manned

fixed-wing plane conducting a similar mission.

"Our Aerosonde UAS is a field-proven platform with more than 500,000 flight

hours, including desert heat and Arctic cold," said Wayne Prender, Textron

Systems' Senior Vice President, Air Systems. "Pairing our mature,

high-performance Aerosonde platform with Nordic Unmanned's premier support to

customers across Europe represents a superior offering for a variety of

applications."

Textron Systems' Aerosonde UAS has demonstrated its capability in both

expeditionary land- and sea-based operations, providing simultaneous day/night

full-motion video, communications relay and a customer-selected payload in a

single flight. The Aerosonde can also be fitted with additional sensors such as

signals intelligence, mapping sensors, or synthetic aperture radar.

"Our ambition is to use the EMSA tender process as a starting point for a

broader cooperation with Textron Systems, and we see great opportunities within

several areas both on service delivery and system integrations delivery. For

instance, the Norwegian Armed Forces have started the first phase of their

procurement process for their tactical UAS for land and sea based operations

with a total budget indication of several hundred million NOK. We just answered

their request for information (RFI) last week together with Textron Systems, and

there are other opportunities within the European market coming up in the short

term. We will definitely position ourselves for these processes and are very

excited about the commercial traction we are seeing in the market," said Mr.

Wiig.

DISCLAIMER

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/

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847587/402/559/Download%20announcement%2

0as%20PDF.pdf

Nordic Unmanned Press Release Textron Systems.pdf -

https://kommunikasjon.ntb.no/ir-files/17847587/402/542/Nordic%20Unmanned%20Press

%20Release%20Textron%20Systems.pdf

LINKS

Press Release Web -

https://nordicunmanned.com/press-releases/nordic-unmanned-teams-up-with-textron-

inc-to-enter-the-european-fixed-wing-market/

Textron Systems Aerosonde Product Page -

https://nordicunmanned.com/products/unmanned-systems-drones/textron-systems-aero

sonde/