Nordic Unmanned ASA

Nordic Unmanned successfully completes Initial Configuration Test - Triggers signature process of EUR 20 million contract

22.9.2021 15:06:05 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 29th of July regarding the

conditional letter of award received from the European Maritime Safety Agency

(EMSA) regarding fixed-wing RPAS (drone) services carrying out long-range

general maritime surveillance, with the contract value of up to EUR 20 million.

The mandatory initial configuration test (ICT) for EMSA/OP/46/2020 has now been

successfully completed with a live flight on the 15th of September 2021 and the

ICT report has 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 The European Maritime Safety Agency (EMSA) 14 days to

respond to the submitted report with their determination on signature of the

framework contract.

Nordic Unmanned expects to receive the counter signed signature within 14 days

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: "The successful completion of the

ICT marks the day Nordic Unmanned operationally entered the fixed-wing vertical.

We look forward to support future customers with long-range, long-endurance,

critical maritime surveillance services."

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.

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

https://nordicunmanned.com/

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