October 14th 2021 – Arnsberg, Germany – Nordic Unmanned today announced the closing of the acquisition of AirRobot GmbH, a leading German drone developer and manufacturer. The acquisition secures patented world-leading last-mile unmanned delivery technology and extends the product and customer portfolio as a system integrator.
Reference is made to Nordic Unmanned’s announcements on the 12th of July and 23rd of September regarding the acquisition of all shares in AirRobot GmbH.
As part of the settlement, the board of directors resolved, pursuant to the board authorisation granted by the ordinary general meeting held on 26 May 2021, to increase the company’s share capital by NOK 205,296, by issuance of 205,296 new ordinary shares, each with a nominal value of NOK 1, at a subscription price of NOK 36.50 per share, which corresponds to the opening price on 14 October 2021. The issuance of new shares is conditional upon registration of the share capital increase with the Norwegian Register of Business Enterprises. Following registration of the share capital increase, the Company will have 25,988,984 shares issued and outstanding, each with a par value of NOK 1 (i.e. excluding the 300,000 new ordinary shares to be issued in connection with the completion of the private placement towards employees and board members as announced on 13 October 2021).
The German market is one of Nordic Unmanned’s most important markets and through this acquisition we will support existing and new customers in Germany with increased product portfolio and close customer support. Nordic Unmanned will also leverage AirRobot to enter the German drone service market, building on our existing service offerings and experience with ship emission monitoring, rail infrastructure and smart ports as the first areas of focus.
Knut Roar Wiig, CEO Nordic Unmanned
Nordic Unmanned will leverage AirRobot’s German customer relationships, technical capabilities, and product portfolio to expand customer relationships and offerings.
It is expected that AirRobot will generate revenue within all of Nordic Unmanned’s market segments (Maritime, Security, Infrastructure and Logistics) in 2022.
The technology build by the experienced AirRobot engineering team will be leveraged within Nordic Unmanned’s system integration portfolio, which will be further expanded into the Logistics market. A new joint R&D department will be managed by the group CTO of Nordic Unmanned, production will be managed by the group COO, and Björn Behrmann has been appointed as the General Manager of AirRobot.
Nordic Unmanned will leverage AirRobot’s German customer relationships, technical capabilities, and product portfolio to expand customer relationships and offerings.
It is expected that AirRobot will generate revenue within all of Nordic Unmanned’s market segments (Maritime, Security, Infrastructure and Logistics) in 2022.
The technology build by the experienced AirRobot engineering team will be leveraged within Nordic Unmanned’s system integration portfolio, which will be further expanded into the Logistics market. A new joint R&D department will be managed by the group CTO of Nordic Unmanned, production will be managed by the group COO, and Björn Behrmann has been appointed as the General Manager of AirRobot.
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, design and development, production, maintenance and sale, of unmanned systems and sensor technology. Nordic Unmanned is listed on Euronext Growth Oslo (NUMND).
For more information, visit: https://nordicunmanned.com/