Primoco plans to deliver unmanned aircraft worth CZK 436m

Published: 04.08.2020 Related countries:  New Zealand New Zealand, Australia Australia

In 1H 2020 the company’s revenues reached almost CZK 10m, increasing almost eightfold y/y

Primoco UAV SE is waiting for permission to export 37 unmanned aircraft worth CZK 435.9m to the Asia and Middle East region. The plan is to commence deliveries in 4Q 2020 and complete them in 1H 2021. The company has therefore commenced the recruitment of new employees. The volume of production should double. In 1H 2020 the company’s revenues reached almost CZK 10m, increasing almost eightfold y/y. Despite the situation on global markets caused by the coronavirus pandemic, Primoco has signed contracts and secured permits for the export of six aircraft worth CZK 48.8m to the Asia and Middle East region.

Source: Daily news | ČIA news

Czech Trade and Czech Invest Sydney