Aerodrome Group produces drones for intelligence gathering by buying, analyzing and processing information for technology of superior digital based mostly AI insights.
The share value of Aerodrome Group (TASE: ARDM) has risen 80% over the previous two days after the corporate notified the Tel Aviv Inventory Change (TASE) yesterday that it had acquired a NIS 137 million order to produce drones and accent merchandise to a authorities. The share value rose 64% yesterday and an extra 16.62% right this moment.
Aerodrome Group produces drones for intelligence gathering by buying, analyzing and processing information for technology of superior digital based mostly AI insights. Beneath the phrases of the brand new order the drones can be provided over 12 months with deliveries commencing within the first quarter of 2025 topic to the issuing of a procurement order by the shopper.
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Aerodrome Group’s share value has been notably unstable through the struggle. Within the opening few weeks of the struggle the share value jumped from NIS 0.38.2 to NIS 0.90, fell again to NIS 0.60 in November 2023, jumped to NIS 1.16 on the finish of Might earlier than falling to NIS 0.35 final month. The share value closed at NIS 0.75.8 right this moment.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on October 21, 2024.
© Copyright of Globes Writer Itonut (1983) Ltd., 2024.
