(CercleFinance.com) – Delta Drone International Limited, a subsidiary of the French company Delta Drone, announces the signing of a contract in Western Australia with Red 5 Limited, an Australian gold producer, for drone mapping services .
The three-year contract is worth AU$1 million with annual recurring revenue (ARR) of AU$336,000.
The contract is for the mapping of the King of the Hills Mine (KOTH) gold project and the Darlot Mine gold mine, all d., an Australian gold producer.
‘This first large-scale contract signed in Australia validates the success of our establishment and our ability to duplicate the model that made Rocketmine so successful in southern Africa. It contributes to a good commercial dynamic for the whole Group’, comments Christian Viguié, CEO of Delta Drone.