The Management Board of Polska Grupa Militarna S.A., with its registered office in Warsaw (the “Issuer”), announces that it has been informed that the Issuer’s subsidiary, Tech Robotics sp. z o.o., has obtained a license for (1) the trade in explosives, (2) trade in weapons and ammunition, and (3) trade in products intended for military or police use. The license was granted by the Minister of Internal Affairs and Administration.
The Issuer notes that Tech Robotics sp. z o.o. is a company with experience in developing and commercializing innovative products designed for the rapidly growing military market, specifically in the field of battlefield robotics, and in particular in the development of training, patrol, reconnaissance, defensive, and offensive robots, as well as the application of AI on the modern battlefield.