Nordic Unmanned ASA

Nordic Unmanned awarded frame agreement with Norwegian and Swedish Law Enforcement Agencies

22.10.2021 12:37:54 CEST | Nordic Unmanned | Additional regulated information

required to be disclosed under the laws of a member state

Nordic Unmanned has received notification of award for a framework contract for

supply of drones to the Norwegian Police, Swedish Police and Swedish Coast

Guard. The scope of the framework contract covers supply of drones for indoor

use.

Nordic Unmanned expects a revenue of minimum NOK 15 million over the duration of

this contract, with the first and largest delivery expected in Q1 2022. The

length of the contract is 2 years, with the possibility of a 1+1-year extension,

making the total contract duration 4 years. The value of the contract is based

on expected procurement volumes as stated in the Invitation to Tender. According

to Norwegian public procurement regulations there is a 10-day grace period

before signature.

The award holds many firsts for Nordic Unmanned:

* First framework agreement with Norwegian and Swedish Police

* First supply of drones for indoor use

* First sale of drones in Sweden

"Nordic Unmanned is excited to enter yet another vertical within the drone

industry, now also adding drones for indoor use to our portfolio. The trust put

in us by the Norwegian and Swedish Police, verifies Nordic Unmanned is a

reputable provider of services to governmental agencies. Nordic Unmanned is also

thrilled over the opportunity to establish a footprint in Sweden, ensuring

presence in all Scandinavian countries." Said Knut Roar Wiig, CEO of Nordic

Unmanned.

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]

* Trond Østerhus, CFO, Nordic Unmanned AS, +47 95 99 08 79,

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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