IR releases

Further to the report on the pilot with the Municipality of Tel Aviv, and only one month after acquiring FlyTech, Aerodrome reports receipt of another project to monitor the progress of NTA’s Green Line project. Aerodrome receives a new ILS 2 million order from NTA for the Green Line project

12/08/2021

Only one month after Aerodrome acquires FlyTech, the company reports a unique, first-of-its-kind pilot in collaboration with the Municipality of Tel Aviv Aerodrome commences a pilot for the establishment of a multi-purpose aerial infrastructure using drones above Tel Aviv

11/08/2021

Aerodrome releases financial statements for the first half of 2021. 60% increase in order backlog since the beginning of the year to ILS 50.19 million, compared with ILS 31.4 million as of December 31, 2020. 35% increase in revenues in H1/2021 to ILS 8.4 million, from ILS 6.2 million in H1/2020. Revenues are exclusive of both the SGC business up to March 2021 (the transaction closing date) and the FlyTech business (closed in July 2021). With full proforma financials, H1/2021 revenues would amount to ILS 11.3 million, 83% up from H1/2020

11/08/2021

Aerodrome enters the civilian sector, in realization of the Company’s strategy and ahead of its entry to the U.S. market. Aerodrome acquires FlyTech, which will become the group’s civilian division

11/07/2021

Aerodrome reports the signing of a NIS 7 million ongoing strategic agreement for 5 years vis-à-vis a customer in the defense industry. The company will be given exclusivity for the supply of services to the company’s customer

24/03/2021

Aerodrome releases its 2020 financial statements 62% increase in revenues to NIS 14 million, adjusted operating profit up 11x to NIS 2.6 million, continued improvement in cash flow from current operations, and equity of NIS 9.2 million. Adjusted net profit up x8 to NIS 2.1 million

14/03/2021