PRIMOCO

Primoco: Czech leader in unmanned aircrafts

Primoco UAV is the first medium-sized drone certified for operation in civil airspace in the Czech Republic and EU. It is manufactured by a company of the same name. The company has its own R&D team and trained staff capable producing up to 50 aircrafts per year. The aircraft is assembled with own company components (engine, airframe, and others). It can stay in the air for up to 15 hours at a speed of 100 to 150 kph. The take-off weight is up to 150 kilograms and the maximum payload is 30 kilograms. Last year, when Primoco acquired the airport in Písek, was crucial for the further development of the company. It thus fulfilled the purpose for which it raised capital on the PX Start market of the Prague Stock Exchange

Unmanned aerial vehicles

FIELD

Prague/Písek

LOCATION

CZK 103.7m

IPO PROCEEDS IN TOTAL

13.00%

SUBSCRIBED IN TOTAL

Ladislav Semetkovský

CEO

The Primoco UAV Model One 150 is a medium-sized unmanned aircraft designed to meet the growing demands of customers who use it for civilian and military purposes. The design fulfils the complex requirements of civil aviation, using high-end composite materials, state-of-the-art electronics, and precise data processing. This makes the aircraft a world-class product at a fraction of the price charged by the competitors. The Primoco UAV is an affordable unmanned aircraft whose range and cargo capacity are unrivalled among aircraft for civilian purposes. The Primoco UAV has a maximum endurance of 15 hours and a range of 2000 km per flight. The aircraft is designed to be able to take off, fly, and land fully automatically. Primoco UAV provides a reliable video and captures information in real time. The aircraft is operated by remote control during each phase of the flight. With a take-off length of 300 metres, it offers the opportunity to conduct air missions without full-scale airport services.

The Primoco Engine 340 is an air-cooled four-cylinder that delivers 20 HP and weighs 25 kg. The engine is made of light aluminium alloys. The engine is designed not only for the Primoco UAV, but also for other aircraft manufacturers.

We want to be a global leader and shift our new production to the 21st century, which is not very common in manual aircraft production.

LADISLAV SEMETKOVSKÝ
CEO and the main shareholder

Every publicly traded company has a higher level of prestige and credibility. In the world of international trade, this can be key.

LADISLAV SEMETKOVSKÝ
CEO and the main shareholder

The IPO on the Prague Stock Exchange brought non-debt financing to Primoco UAV. Investors, in turn, were offered a share in an interesting company with a huge future in civil aviation.

LADISLAV SEMETKOVSKÝ
CEO and the main shareholder

DateMarket capitalizationPrice per shareRaised from investorsFreefloat
2. 10. 2018CZK 1 086 177 500CZK 250CZK 63 125 0005.81%
17. 5. 2021CZK 1 224 316 600CZK 260CZK 40 534 0003.31%

17.05.2021

PRIMOCO UAV SUCCESSFULLY COMPLETED THE ISSUE OF NEW SHARES

The subscription of shares of Primoco UAV (ISIN CZ0005135970) in the START market was completed today.

15.03.2021

PRIMOCO UAV, CZECH MANUFACTURER OF UNMANNED AERIAL VEHICLES ENTERS THE MIDDLE EAST MARKET

Primoco UAV, the Czech manufacturer of unmanned aerial vehicles, has taken an important step to expand its business in the Gulf countries. Together with the Saudi company Middle East Systems & Technology (MEST), it has signed an agreement for regional representation and the creation of a joint venture.