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DRONE VOLT


Launches in Belgium and Netherland



Villepinte, on March 17th, 2016 - DRONE VOLT, The leader in French professional drones, confirms its interest in expanding its international business presence. Today the company has announced the signing of an agreement for the Benelux region (Belgium, The Netherland and Luxembourg), which represents a new opportunity for growth.


A joint venture created with Benoît De Bruyn

DRONE VOLT has created a joint venture in a partnership with local entrepreneur Benoît de Bruyn, retaining 51% control of the new company. Mr Benoît de Bruyn is a Consultant specializing in new technologies with solid entrepreneurial experience. Benoît de Bruyn was recently Manager and Business Plan owner of Alliance Consulting, specializing in B2B and B2C Distribution and which he sold to Delaware Consulting.


Drone Volt brings know-how, technology and an investment of €30'000 to gain ownership of 51% of the new company. At the same time, Benoît de Bruyn will bring necessary funds to finance the working capital requirements over a 5-year period.


Compulsory product training in the Belgian market

Recent Belgian legislation has put in place clear regulations for the use of drones and required product training, making the Belgian market fertile territory for the drone business. DRONE VOLT will use its vast expertise in the field to take advantage of this great opportunity.


The Belgian Civil Aviation Authority has defined 3 categories of civilian drones (Class 1, Class 2 and Private Drone) and has specified the requirements of registration and insurance including the training that is required in each class. As in every country where the company does business, DRONE VOLT will offer training services in Belgium, along with the comprehensive sale of drones.


Thanks to this agreement, DRONE VOLT expands their scope of services and now covers 13 major territories including:


  • In Europe: Belgium, Croatia, Denmark, Finland, France, Italy, Luxembourg, the Netherlands, Slovenia, Sweden and Switzerland;


  • In North America: Canada and the United States.


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Regarding DRONE VOLT



Created in 2011, and established in France, in Canada, in Denmark, in the United States and in Switzerland, DRONE VOLT is specialized in manufacturing and marketing civilian drones for professional use. As a complete partner, the company provides solutions to its customers for critical tasks and applications including service of products and the training of pilots. The young innovative firm, which had 3,7 million euro revenues in 2015 (+111 % growth y-o-y), is the leader in the European broadcasting and service drone industry. It also provides the administration and the execution of aerial photography and videography. Among its customers, the Company includes CERN, FRANCE TELEVISIONS, the Police station of the Air Transport (GTA), SPIE, TF1, FREEWAY PROD, etc. DRONE VOLT is qualified as an "Innovative Entreprise" by Bpifrance.



DRONE VOLT is a Company quoted on the market Alternext Paris :

Action: Mnémo: ALDRV.PA - Encode ISIN: FR0013088606 - Eligible: PEA, PEA-PME BSA: Mnémo: DRVBS - encodes ISIN: FR001286054


More information on www.dronevolt.com


Contacts


FINANCE relations

ACTUS finance & communication

Jean-Michel Marmillon - T +33 1 53 67 36 73 dronevolt@actus.fr

Public relations and business DRONE VOLT

Céline Vergely - T : +33 6 08 42 75 84 celine@dronevolt.com


VP SALES DRONE VOLT CANADA : VP SALES DRONE VOLT USA :

michaelg@dronevoltcanada.ca dan.roe@dronevolt.com


VP SALES DRONE VOLT Switzerland and Adriatic : VP SALES DRONE VOLT Scandinavia : Stefano.valentini@dronevolt.com Kim.larsen@dronevolt.com

Drone Volt SA issued this content on 17 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 March 2016 15:59:05 UTC

Original Document: http://www.dronevolt.com/wp-content/uploads/2016/03/Press-Release-DRONE-VOLT-Benelux-ENGL-.pdf