29.12.2023 10:59:50 CET | Nordic Unmanned | Additional regulated information
required to be disclosed under the laws of a member state

Nordic Unmanned's Flight Services business has come to an agreement with
Schiebel Aircraft GmbH to settle outstanding payables in a non-cash transaction
where Schiebel buys back one CAMCOPTER® asset (Air Vehicle plus spare-parts).
The delivery of the equipment will be executed in Q1 2024. The value of the
transaction is EUR 927.000 and will result in a net loss from sale of assets of
approximately EUR 700.000.

The transaction underpins Nordic Unmanned's efforts to work with its suppliers
as partners, and supports Nordic Unmanned's ongoing efforts to lighten the
balance sheet and optimise the fleet for Flight Services. It remains a key goal
to sell inventory unless idle equipment can be contracted and utilized in order
to improve return on assets and strengthen the liquidity position.

After this transaction, Nordic Unmanned will have a fleet of 3 CAMCOPTER® 
systems which includes 4 Air Vehicles.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

 * Lars A Landsnes, CFO, Nordic Unmanned ASA, +47 951 40 370,
   ll@nordicunmanned.com 
 * Stig H. Christiansen, CEO, Nordic Unmanned ASA, +47 478 07 813,
   shc@nordicunmanned.com 
 * Thomas A. Ladsten, CLO, Nordic Unmanned ASA, +47 99 29 46 02,
   tal@nordicunmanned.com 

ABOUT NORDIC UNMANNED

Nordic Unmanned is a leading European manufacturer (OEM) and certified operator
of unmanned aircraft systems ("UAS"). 

We are serving large corporations, government agencies and security customers by
offering systems, solutions and flight services for environmentally friendly
delivery of productivity improvements and time critical, actionable data
insights and logistics services.

Our solutions and services are organized in the three business segments as
follows: 

Flight Services: is a technology-agnostic flight services operator providing
time-critical actionable data to large corporate and governmental customers. The
segment also includes NUAer AS and Resale.
AirRobot: is an Equipment Manufacturer (OEM) with a leading product platform in
lightweight drones and sensors (payloads) tailored for defense and security.
DroneMatrix: is an Equipment Manufacturer (OEM) offering a fully integrated and
autonomous drone system with proprietary software for surveillance and security.

Nordic Unmanned is ISO 9001:2015 and ISO 14001:2015 certified for the operation,
maintenance, and sales of unmanned systems and sensor technology. AirRobot is
ISO 9001:2015 and EN 9100:2018 certified for its development and production
capabilities of unmanned systems.

Founded in Norway in 2014, Nordic Unmanned has offices in Sandnes (NO),
Cranfield (UK), Hasselt (BE) and Arnsberg (GER). Nordic Unmanned also comprise
joint venture - Omni Unmanned SA with OHI Group SA (registered in Luxemburg) and
joint venture - NUAer AS with Aeromon OY (registered in Norway).

For more information visit - https://nordicunmanned.com/

 

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847587/2830/3943/Download%20announcement
%20as%20PDF.pdf