Investors have until May 17 to participate in the subscription of new shares of the Czech unmanned aerial vehicle manufacturer Primoco UAV. Traded on the Prague Stock Exchange START market, the company aims to raise up to 170 million crowns to accelerate the company’s development. In the first round, only existing shareholders were allowed to take up the share offer under their pre-emptive rights. Now, the subscription is open to any investor. The price range in the second round was set at 260 to 360 crowns per share, while the current Primoco UAV share price on the START market is 358 crowns. This corresponds to an appreciation of 49% since the beginning of this year.
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Primoco UAV, the Czech manufacturer of unmanned aerial vehicles, has today launched a secondary share offering of a total of 655,300 new shares, which corresponds to more than 13% of the company's capital after the subscription is completed. The net total proceeds of the issue if all offered shares are subscribed will be up to CZK 170 million. This is based on the company’s prospectus (download HERE) approved last week by the Czech National Bank.
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Stávající akcionáři jsou ve smyslu ustanovení § 484 odst. 1 ZOK oprávnění upsat Nové akcie v rozsahu jejich podílu na základním kapitálu Společnosti tak, že na každých stávajících 7 akcií je možné upsat jednu Novou akcii;
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Primoco UAV, the Czech manufacturer of unmanned aerial vehicles, has taken an important step to expand its business in the Gulf countries. Together with the Saudi company Middle East Systems & Technology (MEST), it has signed an agreement for regional representation and the creation of a joint venture. Through this company Primoco UAV, whose shares are traded on the START Programme of the Prague Stock Exchange, not only wants to attract new clients for its unmanned aircraft in the Middle East, but also to build a service and training centre in Saudi Arabia.
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The Czech producer of unmanned aerial vehicles Primoco UAV SE and Norwegian Special Mission (NSM), provider of airport calibration solutions, introduced a brand new and highly innovative NAVAID calibration system based on the Primoco One 150 UAV and NSM UNIFIS 1000 calibration system. Preliminary analysis suggests that the system is well suited for inspection, calibration and evaluation of a wide variety of airport navigation equipment such as ILS/VOR/DME/TACAN/COM as well as visual systems such as PAPI/VASI. The system is built around the UAV One 150 and UNIFIS 1000 elements, using proven receiver and antenna technology from conventional flight inspection aircraft, which is a new stage for the industry.
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Leading Indian advanced technology company BEML and Czech innovation company Primoco UAV agreed on the cooperation in the field of Unmanned aerial technology. Both companies signed a Memorandum of understanding during the Aero India 2021 show and agreed to cooperate with an aim to establish a Center of excellence for unmanned technology for the region within the BEML organization. Both parties are fully following the Make in India policy and see a wide potential for rapid development of the cooperation allowing them to implement a common solution into several segments of the Indian economy and law enforcement and defence areas.
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Primoco UAV SE was recognized by the Department of Military Aviation Supervision of the Ministry of Defence of the Czech Republic as an approved production and development organization. The granting of both authorizations is the completion of the first stage of the company’s long-term preparation for obtaining a military type certificate for the Primoco UAV One 150M aircraft.
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The Czech company Primoco UAV SE donated two Primoco UAV One 150 unmanned aircraft to Czech museums, specifically the Military Historical Institute of the Army of the Czech Republic and its Aviation Museum in Kbely and the National Technical Museum in Letná.
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IMSAR and Primoco UAV have successfully performed integration and preliminary flight testing of the NSP-7 Synthetic Aperture Radar on the Primoco One 150 UAV. Live flight tests in the Czech Republic verified the aircraft performance and confirmed flight endurance of up to 10 hours.
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Primoco UAV SE, the Czech manufacturer of civilian umannned vehicles, has expanded its Supervisory Board and Brigadier General (retired) Ing. Josefa Radu became its Member. The decision to expand the Supervisory Board was made by the General Meeting of the company at its registered office on 8 July 2020 with the participation of invited guests from the state administration and industry.
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Primoco UAV SE, the Czech manufacturer of unmanned aircraft, completed repeated flights of its One 150 unmanned aircraft at a customer in Southeast Asia last week, while the aircraft was being operated from the company’s headquarters in Radotín, Prague, at a distance of 9,659 km. This was a unique event forced by the travel ban caused by the Covid-19 pandemic.
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Primoco UAV SE, the Czech manufacturer of unmanned aerial vehicles, and the Military Technical Institute s.p. have concluded an agreement on strategic co-operation in the use of unmanned aircraft. The co-operation will focus on the integration of the aircraft and its ground equipment into military command and control systems, certification and testing of aircraft according to NATO, Czech Republic security and military standards, as well as expanding the aircraft’s ground security through unique means developed and manufactured by the Military Technical Institute.
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Today on April 16, 2020, a Primoco model One 150 UAV unmanned aircraft successfully completed a continuous flight of 15 hoursand 3 minutes. The aircraft safely landed on the runway 34 of the Písek – Krašovice airport at 21.15 LT. The unmanned aircraft flew 1650 km at an average consumption 2.2 litres per hour of flight. The previous record of 12 hours and 8 minutes from April 9, 2020 was beaten.
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Today, a Primoco model One 150 UAV unmanned aircraft successfully completed a continuous flight of 12 hours and 8 minutes. The aircraft safely landed on the runway 34 of the Písek – Krašovice airport at 20.23 LT. The unmanned aircraft flew 1240 km at an average consumption 2.6 litres per hour of flight. The previous record of 9 hours and 1 minute from May 5, 2017 at Prague – Vodochody Airport was beaten.
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Czech commercial unmanned aircraft Primoco UAV, which was oficially launched last year, experienced its first take-off under the serial number 001 and immatriculation OK-X013S on 26th March, 2016.
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The Czech company Primoco UAV SE has introduced a revolutionary virtual reality training module into its training program allowing it to significantly increase the efficiency, success and safety of its pilot training for unmanned aerial vehicles.
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Primoco UAV, the Czech manufacturer of unmanned aircraft, strengthens its team, hires Jakub Fojtík as Vice President for Business Development. Primoco UAV will use Jakub’s experience in Aero Vodochody in its expansion to foreign markets.
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Primoco UAV, the Czech producer of civilian unmanned aircraft One 100 and One 150, was listed on the Prague Stock Exchange today within the Start initiative.
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Company Primoco UAV is pleased to invite you to International Defence and Security Technologies Fair „IDET“, taking place in Brno, Czech Republic on May 29th, 30th and 31st. We look forward to welcome you in hall P, stand 074A.
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Primoco UAV, the Czech producer of civilian unmanned aircraft, has signed a purchase contract for the purchase of the private civilian airport at Písek-Krašovice. Primoco UAV plans to build a new development, production and training centre at the site.
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Primoco UAV, the Czech company producing the One 100 and One 150 civilian unmanned aircraft, announces that January 9, 2019 will be a trading day at PX START for its shares.
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The Czech National Bank has approved a prospectus for the securities of Primoco UAV SE, the Czech manufacturer of civilian unmanned aircraft. Primoco UAV develops, manufactures and markets the unmanned aircraft model One 100/150 and the Primoco Engine 500.
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Primoco UAV, the Czech company focused on development and production of unmanned aircraft is successfully completing new & exciting missions including the first sale of its aircraft to Africa, finalisation of the sale of 60 aircraft to the Middle East and preparing for listing on the Prague Stock Exchange.
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Czech company Primoco UAV SE, which develops, manufactures and sells the unmanned aircraft Primoco UAV One 100/150 soared to a sky high finish in 2017.
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Czech company Primoco UAV SE, which develops, manufactures and sells the unmanned aircraft Primoco UAV One 100/150 extends its portfolio with the new self-designed Primoco 500 piston engine. The engine is designed not only for its unmanned aircraft, but also for other aircraft manufacturers.
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Primoco UAV, the Czech producer of the largest civilian unmanned aircraft set a new record with its model One 100 flying for an uninterrupted 9:01 hours. The world’s longest flight time for an unmanned civilian aircraft in regular operation took place yesterday at Vodochody airport (LKVO) in the Czech Republic.
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The up and coming Czech company Primoco UAV, the producer of civilian unmanned drones, is now expanding to Russia. Primoco launched full production of its first model, the UAV One 100, last year. Russia is the first country outside the Czech Republic where the company will produce its drones through its new subsidiary Primoco BPLA.
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The Czech Aviation Training Centre (CATC) and Primoco UAV offer training for professional crews of the unmanned Primoco UAV aircraft, models One 100 and One 150.
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The company Primoco UAV SE, which this year started mass production of the One 100 with a maximum take-off weight of 100 kg, is coming out with a new model: One 150. The main difference from the One 100 is a completely new 50 HP engine, which allows the aircraft to reach a ceiling above 5,000 metres (FL150) and an increased amount of useful load. In addition, it is now the only UAV in the country with a transponder and, from the first part of 2017, satellite navigation as well. As a result, interest in the aircraft has significantly increased abroad.
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