Exail Technologies records strong growth in the third quarter of 2024

Exail Technologies announced remarkable results for the third quarter of 2024, with a 37% increase in revenue, reaching €89 million. The company also recorded significant growth in its orders, with an increase of 139%, totaling €144 million in order intake. This dynamism is mainly explained by the strong demand in the maritime robotics sector, with nearly €100 million in new orders, including a major contract for the Belgian and Dutch navies.

The Maritime Navigation and Robotics segment recorded the strongest growth, with a 41% increase in revenue, reaching €70 million. Ongoing programs, particularly in the Middle East and with the French Navy, contributed to this performance. At the same time, navigation systems maintained their momentum, supporting the order book and posting a 30% increase since the beginning of the year.