Exail Q3 Revenue Rises 21 Percent

Exail Technologies posted a 21 percent organic rise in third quarter revenue to 121 million euros driven by maritime robotics. Order intake increased 15 percent and the company confirmed its full-year targets.

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EXAIL TECHNOLOGIES posted third-quarter revenue of €121 million on Wednesday afternoon, rising 21% organically. The growth in France was driven primarily by its maritime robotics and navigation systems unit. The performance keeps the underwater drone maker on track to meet its annual financial objectives.

Maritime Robotics Leads Revenue Gains

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