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DRONE VOLT signs exclusive partnership with Hexo + the inventor of the first autonomous camera Drone

VILLEPINTE, France, Feb. 4, 2016 (GLOBE NEWSWIRE) -- DRONE VOLT, the leading French professional drone Company, is proud to announce the signing of a strategic agreement with Squadrone System, the start-up and creator of the original Hexo +. Launched in 2015 and already acclaimed worldwide, Hexo + is the first autonomous drone "follower".

Thanks to its optimized design, its 6 rotors and 4k camera, Hexo + can follow and film the user from 100 meters, at speeds up to 70 km / h (44 mph) for more than 10 minutes. Extremely fast, and dedicated to extreme weather conditions, Hexo + withstands temperatures from -10 ° C to + 50 ° C and can be used at 4800 meters with a wind up to 40 km / h. Flight plans and other features can be set directly from the Hexo + application available on iOS and Android.

Acclaimed by the international press, Hexo + received the prestigious 2015 Innovation and Design Award at CES in Las Vegas and the Best of CES, Videomaker Award and the Award for best application by iPhone Life.

Hexo + was created by Squadrone System, a startup in Grenoble, in March of 2014 by partners Antoine Level, its President, and Xavier De Le Rue, multiple world champion in snowboarding. The innovative and visionary autonomous drone and camera project quickly impressed and enabled an outstanding initial funding of 1.3 million USD from an initial target of 50,000 USD on the Kickstarter crowdfunding platform and a second lift of 3 million USD from Canadian investor.

This multi-year agreement provides Hexo + Product and its future developments exclusivity to DRONE VOLT who will provide marketing and sales efforts in Europe and through its subsidiary DRONE VOLT Scandinavia. Specifically, Drone Volt will use Hexo + for the development of professional civilian applications, particularly in the field of strategic security (surveillance and law enforcement). Having already sold roughly 2,500 in 2015, the two partners have set a target of 5000 units sold during their first year of collaboration.

Dimitri Batsis, President of DRONE VOLT comments, "Hexo + is globally recognized today as an extremely innovative brand. It created a new market segment and has a unique position within technologically advanced products. It's initial "stand alone" price is very affordable at less than $1500. Its design allows all the normal camera shots including tracking shots and framing, automatically and autonomously where, until now a team of drone pilots and video cameramen were needed to capture the same shots. DRONE VOLT will make Hexo + the spearhead of its product offerings and it will be key to its Pan-European deployment."

Antoine Level, President of Squadrone System, adds: "The power of our innovation has enabled us to achieve a first closing and start very quickly to market with our Hexo +. We wanted to add another dimension by partnering with a company able to understand the business of drones, to open up new markets and expand our target customers. We found in DRONE VOLT the same passion for drones, the same DNA of innovation and the same entrepreneurial culture. We are confident that we can go far together. "

Next meeting: results of fiscal year 2015 the week of February 29, 2016

About DRONE VOLT

Founded in 2011, DRONE VOLT, is a company specialized in the design and marketing of civil UAV's for professional use, established in France, Canada and Denmark. It is a global partner, offering "turnkey" business solutions to its customers, including different services and pilot training. This young company, which achieved a turnover of 1.7 million euros in 2014 (+ 40%) is the leader in audiovisual drone solutions. It also provides the administration and industry for the realization of aerial photography. Among its customers, the company has CERN, FRANCE TELEVISIONS, the Air Transport Gendarmerie (GTA), SPIE, TF1, the TOUR DE FRANCE - PROD FREEWAY, etc. DRONE VOLT is qualified as "Innovative Business" by Bpifrance.

DRONE VOLT is listed on the PARIS stock exchange:

Share : Ticker: ALDRV - ISIN code: FR0013088606 - Eligible: PEA, PEA-SME
Warrant (BSA): Ticker: DRVBS - ISIN code: FR001286054 (1 warrant for 1share , strike 2,70 , july 2020)

More information on www.dronevolt.com

DRONE VOLT press releases can be found on espace investisseurs.com
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Contacts

Relations médias FINANCE
ACTUS finance & communication
Jean-Michel Marmillon - T : +33 1 53 67 36 73
dronevolt@actus.fr
Relations médias GRAND PUBLIC ET METIER
DRONE VOLT
Céline Vergely - T : +33 6 08 42 75 84
celine@dronevolt.com

Press release (PDF) http://hugin.info/171246/R/1983602/727002.pdf

HUG#1983602

Source: DRONE VOLT