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Exail Technologies wins new land defense order in Northern Europe

Paris, September 9, 2024 - Exail Technologies, a subsidiary of Groupe Gorgé, has announced a new order for its inertial navigation systems in the land defense sector. This order concerns several dozen Advans Vega inertial navigation systems, known for their precision. These systems will be integrated into mobile surveillance devices intended for a Northern European country.

This sale is part of a positive dynamic for Exail Technologies, which has recorded several significant contracts since the beginning of the year. Last March, the company secured the largest order in its history with nearly 1,000 power plants for the German army. This activity should drive the company's growth this year and beyond.

Exail Technologies also achieved a good commercial performance this summer, with the signing of a €60 million order for K-STER underwater drones in July.

R. P.

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