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Terra Drone surges sharply with unexecuted orders following partnership with Ukrainian defense tech firm to launch new interceptor drone
Terra Drone <278A> has attracted a large volume of buy orders, with no opening trades executed and the stock rising sharply in indicative pricing amid strong investor interest. The company provides various services related to industrial drones, with overseas sales accounting for more than half of its revenue, and has a strong track record in drone Unmanned Traffic Management (UTM), particularly in Europe. Against this backdrop, after the close of trading on the 31st, the company announced a capital and business alliance with Ukrainian defense tech firm Amazing Drones, under which it will acquire a stake in the company. In conjunction with this partnership, the company also announced the launch of a new interceptor drone, "Terra A1," which has strongly stimulated the stock price.
Source: MINKABU PRESS
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