Primoco UAV posted CZK 103m in revenues

Published: 18.07.2022 Related countries:  Singapore Singapore

Primoco UAV posted CZK 103m in revenues

Primoco UAV posted revenues of CZK 102.8m for 1H 2022, which is 800 % more year-on-year. The half-year EBITDA indicator, which ended last year at CZK -14m due to the pandemic, reached CZK +50.6m. The drone manufacturer has delivered seven aircraft so far this year and is preparing to sign new contracts. Primoco also continues to work on obtaining military authorization in accordance with the NATO STANAG 4703 standard. The company is already authorized by the Department of Military Aviation Supervision of the Ministry of Defense of the Czech Republic as an approved production and development organization according to the European standard EMAR 21. The certification has already reached the stage of final flight tests.(Source: www.cianews.cz/en)