Sol.One, the Belgian developer of autonomous drone techniques and defence expertise, at this time proclaims three main steps in its development trajectory. The corporate’s ambition is to rank among the many prime 5 UAV corporations in Europe.
€2 million capital spherical at a €750 million valuation
Sol.One has at this time raised €2 million in contemporary capital, within the type of fairness and debt, at a valuation of €750 million. The spherical was led by Leviora Capital. The corporate is in additional discussions with extra events concerning follow-on investments within the coming weeks and months.
New 8,000 m2 drone manufacturing facility in Ghent (Evergem)
On 4 August, Sol.One begins the fit-out of its new 8,000 m2 drone manufacturing facility in Evergem, close to Ghent. Present manufacturing of the Saboteur drones will transfer to the brand new website instantly, whereas the power is progressively geared up to fabricate drones at automotive scale.
“DRONE” ticker reserved on Euronext
In view of a future inventory market itemizing, Sol.One has reserved the ticker image DRONE on the Euronext major market.
“This capital spherical, the launch of our new manufacturing facility and the reserved ticker are three concrete constructing blocks of 1 and the identical ambition: making Sol.One one of many 5 largest UAV corporations in Europe. Beginning tomorrow, we’re constructing the manufacturing capability in Evergem to get there,” says Filip Verhaeghe, CEO of Sol.One.
About Sol.One
Sol.One is a Belgian expertise firm specialising in autonomous drone techniques, counter-UAS options and authorized avionics. The corporate builds on fourteen years of expertise in EASA-certified aviation electronics (DO-178C, DO-254) and develops, amongst others, the Saboteur platform, the Hitchhiker and Buzzkill interceptors, and the SolFusion information platform. Sol.One is headquartered in Bruges with manufacturing in Ghent, and participates in European and Belgian defence programmes. Sol.One is the model title of Sol1 BV.
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