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Nordic Unmanned ASA

M&A Activity Sep 7, 2022

3682_rns_2022-09-07_c84fd253-7e89-4642-bd1c-675d47ae0034.html

M&A Activity

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Nordic Unmanned signs initial collaboration agreement with BNSF Railway, a leading freight transportation company in North America

Nordic Unmanned signs initial collaboration agreement with BNSF Railway, a leading freight transportation company in North America

7.9.2022 09:02:55 CEST | Nordic Unmanned | Additional regulated information

required to be disclosed under the laws of a member state

Nordic Unmanned has signed an initial collaboration agreement with BNSF Railway,

one of the biggest railway companies in the United States. The client will test

the Staaker Railway Drone for infrastructure inspection and general data

acquisition.

"We are very excited about this opportunity to develop such a unique system

together with a leading railway operator, BNSF Railway. This is a breakthrough

agreement for Nordic Unmanned and the case will help us further increase our

presence in the railway industry", details Cecilie Drange, Chief Revenue Officer

in Nordic Unmanned ASA

One of the main tasks of the project will be to merge the current railway

technology with the Railway Drone. The current system for data acquisition in

the railway industry are heavy and require a lot of resources to implement

efficiently, hence implementing the Railway Drone will represent an innovative

way of collecting data. The drone is a flexible data acquisition platform, and

one of the aims of the first-phase contract with BNSF Railway is to further

develop the solution and its use cases.

"This contract is a breakthrough for the Staaker Railway drone and for Nordic

Unmanned, as it is the first rail customer in the United States. The disruptive

nature of the Staaker Railway drone allows clients access to new and improved

data regularly. We see a lot of opportunities in the future for this platform,

and we are proud to be working with an innovative and forward-thinking

corporation such as BNSF Railway" Ms. Drange adds.

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 is a global leader of high-end products and services related to

drones and data capture. Through worldwide operational experience and

industry-leading expertise, Nordic Unmanned supports large governmental and

industrial clients in the adaption of unmanned systems and services.

Founded in 2014, the Group has offices in Sandnes, Molde, Odense (DK), Cranfield

(UK), Hasselt (BE), Arnsberg (GER) and Baltimore (US) and has quickly become one

of the leading providers of unmanned systems and services, with operations

across Europe. Nordic Unmanned has one of the world's most comprehensive permits

to fly beyond visual line of sight (BVLOS), through the EASA approved Light UAS

operator Certificate (LUC). The Group is OEM for the drone products Staaker,

AirRobot and DroneMatrix, and is also world leading in the collection of vessel

emission data. It is ISO 9001-2015 and AS9100 certified for the operation,

maintenance, sale, design, development, and production of unmanned systems and

sensor technology.

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

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