Primoco UAV increased EBITDA by 510% year-on-year to a record CZK 65.9 million in the first quarter. In the first three months of this year, the Czech manufacturer of unmanned aircraft reported sales of CZK 103.1 million, representing a year-on-year growth of 475%, according to preliminary and unconsolidated data. Since the beginning of the year, the company has won new orders, thanks to which it is on track to meet its goal of signing new contracts of CZK 1 billion in 2023.
Primoco UAV, Czech UAV manufacturer, has signed a contract to supply a new NAVAID calibration system. The innovative solution used by the reliable Primoco UAV One 150 UAVs is being purchased by the Malaysian company GIAAN GROUP. GIAAN plans to use the system which is suitable for the inspection, calibration and evaluation of a variety of airport navigation equipment such as ILS/VOR/DME/TACAN/COM, as well as visual tools such as PAPI/VASI, to perform calibration missions at airports in the Southeast Asia region. The value of the contract, including two One 150 UAVs, amounted to EUR 3.7 million.