The unmanned aerial vehicles producer Primoco UAV considers to enter the Prague Stock Exchange

Author: Primoco UAV

The Czech company Primoco UAV SE which develops, produces and sells civil unmanned aircraft Primoco UAV model One 100/150 and motor Primoco Engine 500 considers to enter the capital market through the platform START, opened for the small and medium enterprises by the Prague Stock Exchange.

The company Primoco UAV will offer it’s stocks to the investors also through the public primary offering (IPO). If all steps necessary to be accepted to the START market go according to the presumed schedule trading with stocks of Primoco UAV SE might begin in the second trimester of 2018.

The company Primoco UAV is a successfully developing company which finished a two-year long development of the aircraft last year and obtained certification from the Civil aviation authority for unmanned aircraft. Civil unmanned aircraft Primoco UAV model One 100/150 is able to fly fully independently following a pre-programmed flight plans. Among the key features of the aircraft there is especially it’s size, maximum flight weight 100/150 kg, endurance of 10 hours, range of 1500 km, cruise speed of 100–150 km/h, payload of 50 kg and fully automatic take off and landing. They can be used especially in energetics, at border and coast protection, fire monitoring or search and rescue.

Alongside it the company developed it’s own motor Primoco Engine 500 which combines higher power (50 hp), reliability and durability (TBO 500 hours), while it keeps compact size and an excellent weight of 25 kg. This motor serves not only with the aircraft produced directly by the company Primoco UAV SE, but it is also being sold for use with aircrafts of other producers.

„For Primoco it is a very important moment in history of the company, which managed during the time of it’s existance to develop, test, certificate and successfully begin to sell it’s aircrafts around the world. We produce and sell an aircraft which globally knows no competitor thanks to it’s size. Right now we have sold our aircrafts to Malaysia for example,“ Ladislav Semetkovský, chief executive and founder of the company said.
Primoco UAV SE is a company directed exclusively by Czech management with vast experiences in the international trade and aircraft industry.

The main advisor and coordinator of the process of prepration to enter the START market is the company C-Corporate Finance.