Tonner Drones retains its stake in Elistair

Core Viewpoint - Tonner Drones successfully amended its settlement contract with former management, allowing the company to retain its original 11.4% stake in Elistair, a French drone manufacturer, after a previous decision to sell part of this stake due to low cash reserves [1][2]. Financial Position - The company’s cash position is strong, exceeding €1,500,000 at the end of March 2025, which enabled the decision to retain the stake in Elistair [3]. - Tonner Drones will pay €471,463 to finalize the settlement agreement, allowing it to keep its original stake [2]. Management Insights - The CEO expressed satisfaction with the agreement, indicating that the company is moving past its restructuring phase and is focused on a promising future [3]. Company Overview - Tonner Drones develops technologies for the logistics sector and holds stakes in promising French drone manufacturers, including Elistair and Donecle [5]. - The company aims to enhance the value of its shareholdings through active asset management and generate additional revenue from royalties on patents [5].