Navigation systems: towards a record year with four major new orders worth around €10 million

Exail Technologies is on course for a record year for navigation systems, driven in particular by a string of commercial successes in the naval defense sector. The Group is today announcing four major new contracts for three European navies and one Asian navy.

These orders include several models of inertial navigation systems, including the Marins, the group’s most precise model. In total, these orders represent a value of almost €10 million, with deliveries scheduled for late 2023 and 2024.