DRONE VOLT : announces the acquisition of the assets of the Danish company VIKING DRONE

Press Release

DRONE VOLT

announces the acquisition of the assets of the Danish

company VIKING DRONE

Villepinte, 2nd of March 2022

DRONE VOLT, expert in embedded artificial intelligence and manufacturer of professional civil drones, announces the acquisition of the assets of the Danish company VIKING DRONE (www.viking-drone.com).

DRONE VOLT continues to deploy its acquisition strategy by acquiring the assets of VIKING DRONE, a Danish company specialized in the manufacture of connected drones for developers and integrators. While the amount of the transaction remains confidential, the Group specifies that the transaction will be paid entirely in cash.

VIKING DRONE has developed a very high-tech, compact drone, designed to adapt to different types of payloads. With a very sober design, this drone benefits from a computer equipped with an NVIDIA module facilitating the integration of artificial intelligence, thanks to stereoscopic cameras allowing the implementation of anti-collision algorithms.

In order to accelerate the pooling of the two companies' know-how, DRONE VOLT has already integrated the three engineers who created VIKING DRONE into its R&D teams.

Thanks to the capital increase carried out in December 2021, DRONE VOLT now has the financial means necessary to finance its development, and therefore intends to continue its policy of targeted acquisitions, like the one announced today, with the aim of integrating new technologies, developing its services and strengthening its market share. As a reminder, the Group had already announced its first external growth operation of the year in January 2022, with the acquisition of SKYTOOLS, a company specialized in distribution and services by drones in the Netherlands.

"This acquisition significantly strengthens our R&D with technologies that will soon be deployed on all our UAVs, which will allow us to considerably enrich our catalog of offerings," said Marc Courcelle, CEO of DRONE VOLT. "After the acquisition of SKYTOOLS at the beginning of the year and the purchase of VIKING DRONE's assets today, we intend to pursue our strategy of targeted acquisitions in the coming months and according to the opportunities".

Next press release: Annual results 2021, Wednesday March 16, 2022

DRONE VOLT's press releases can be found here: https://www.dronevolt.com/en/investors/

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DISCLAIMER - THIS PRESS RELEASE IS TRANSLATED FROM FRENCH. IT IS SUBJECT

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Press Release

About DRONE VOLT

Created in 2011, DRONE VOLT is an aircraft manufacturer specializing in professional civil UAVs and artificial intelligence. DRONE VOLT is established in France, Benelux, Canada, Denmark, the United States, Switzerland and Indonesia. As a global partner, DRONE VOLT offers its customers "turnkey" business solutions including various services and training in UAV piloting.

The DRONE VOLT Group, a member of the GICAT, achieved a turnover of 8.8 million euros in 2021 (unaudited data).

DRONE VOLT is notably a supplier to administrations and industrial companies such as the French Army, the French Ministry of the Armed Forces, ENGIE, Total, Bouygues Energies & Services, the ADP Group, the Gendarmerie des Transports Aériennes (GTA) and international government agencies.

DRONE VOLT is qualified as an "innovative company" by Bpifrance.

DRONE VOLT is listed on the Euronext Growth market in Paris:

Share: Mnemo: ALDRV.PA - ISIN Code: FR0013088606 - Eligible: PEA, PEA-PME

For more information go towww.dronevolt.comandwww.abid.co/EPA.ALDRV

Contacts:

FINANCE Media Relations	GENERAL PUBLIC AND PROFESSIONAL DRONE VOLT
ACTUS finance & communication	media relations
Manon Clairet - T: [phone]	Céline Vergely - T: [phone]
[e-mail]	[e-mail]
U.S. & International Investor Relations	Investor Relations
Thomas Renaud	DRONE VOLT
Arrowhead Business and Investment Decisions	Sylvain Navarro - T: [phone]
42 Broadway, 17th Floor | New York | NY 10004	[e-mail]
Office: [phone] ext. 7010
[e-mail]

DISCLAIMER - THIS PRESS RELEASE IS TRANSLATED FROM FRENCH. IT IS SUBJECT

TO INACCURACIES AND IS THEREFORE NON-BINDING

2