The Group announced that it recently won two export contracts valued at more than €10 million for Unmanned Surface Vehicles (USV).

On the one hand, a first customer exercised its option for two additional Inspector Mk2-type USVs after ordering two in early 2014.

On the other hand, ECA Group signed a contract of several million euros to supply two comprehensive systems for the identification and neutralization of underwater mines. These systems will be implemented on a partner's USVs. The latter will then deliver them to an Asian navy in 2016 and 2017.

This repeated success with USVs shows the high demand for drones in the areas of surface and underwater maritime patrol and intervention.

About Groupe Gorgé:

Established in 1990, Group Gorgé is an industrial group operating in different areas of expertise: Smart Safety Systems, Protection in Nuclear Environments, Industrial Projects & Services and 3D Printing

In 2014, the Group reported revenue of €223.3 million. It is backed by 1,370 employees and operations in over ten countries. Groupe Gorgé is listed on NYSE Euronext Paris (ISIN: FR0000062671; Ticker code: GOE) and on the US OTC market (ISIN: US3994511034; OTC Pink: GGRGY / GGRGF) in the form of ADR.

More information available on www.groupe-gorge.com

Groupe GorgéNathalie Lagos, Tel : +33 1 44 77 94 77Communications Managercontact@groupe-gorge.com

Credit Suisse (AMEX:GOE)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Credit Suisse Charts.
Credit Suisse (AMEX:GOE)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Credit Suisse Charts.