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Tonner Drones

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uuid00048vt

Namestring
Tonner Drones
Legal namestring
Tonner Drones
Company typeenum
Public
Founded yearint
2011
Descriptiontext

Tonner Drones is a French public holding company listed on Euronext Access Paris under ticker ALTD (formerly associated with the Delta Drone brand), headquartered at 27 avenue de l'Opéra, Paris. The company operates a hybrid model that combines a single operating product, Countbot, with a portfolio of minority equity stakes in specialized drone manufacturers and adjacent industrial assets. Countbot is an automated warehouse-inventory drone solution developed in close collaboration with logistics group GEODIS, designed to replace manual inventory counting with automated drone flights that produce WMS-compatible stock data; it is commercialized through three channels — direct purchase (with bundled training, service contract, and maintenance), monthly leasing (including setup and operator training), and on-demand service (Tonner Drones operates the inventory visits on a pay-per-engagement basis). The company also holds minority stakes in Elistair (11.43%, tethered surveillance drones deployed in 70+ countries), Donecle (10.30% retained after a partial exit, automated aircraft inspection drones listed in Airbus and Boeing AMMs), Diodon (8.4%, waterproof microdrones for maritime defense), Roth Mions (18.7%, ultra-high-pressure gas storage), and SpaceX (strategic position taken in January 2026). The business model generates revenue from Countbot sales/leasing/service fees, investment-portfolio appreciation and partial exits, and potentially future royalties or sale of the 'Inhibitor' patent. In 2025 the company completed a financial restructuring that reduced operating expenses by 76% to €778,000 and shifted it to a €1.1M net profit from a €5.6M loss the prior year.

Short descriptiontext

Tonner Drones is a French publicly listed holding company (Euronext Access Paris: ALTD) that commercializes the Countbot warehouse-inventory drone solution developed with GEODIS and holds minority stakes in drone manufacturers (Elistair, Donecle, Diodon), gas-storage specialist Roth Mions, and SpaceX.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersDardilly, France
HQ citystring
Dardilly
HQ countrystring
France
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
warehouse inventory drones, automated drone solutions, commercial UAV systems, drone logistics technology, drone portfolio investment
Industry1 code
1Consumer Non-Imaging Drones (Toy/FPV, Racing, Delivery/Utility)
CodeCRACARAHPrimaryYes
NAICS code1 code
  • Material Handling Equipment Manufacturing33392
SIC code1 code
  • Search, Detection, Navagation, Guidance, Aeronautical Sys3812
Product category
Commercial Drones / Warehouse Inventory Automation
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Countbot Sales and Leasing
TypeOne Time License
Description

Direct sale of Countbot inventory drone systems with bundled training, service contracts, and maintenance. Alternative leasing model includes warehouse setup, support, maintenance, and operator training. One-time revenue from system sales; recurring revenue from service contracts.

tonnerdrones.com
2Service-based Revenue
TypeProfessional Services
Description

On-demand inventory service where Tonner Drones visits client warehouses and performs inventory counts. Revenue per mission or service engagement. Can cover single or multiple warehouse cells, wall-to-wall or rolling inventory.

tonnerdrones.com
3Investment Portfolio Returns
TypeLicensing Royalties
Description

Strategic investments in drone manufacturers (Elistair 11.43%, Donecle 10.30%, Diodon 8.4%, Roth Mions 18.7%, SpaceX). Revenue from partial exits, dividends, and appreciation in portfolio company valuations.

tonnerdrones.com
4Patent Royalties (Inhibitor)
TypeLicensing Royalties
Description

The company is evaluating potential additional revenues through royalties or sale of its 'Inhibitor' patent.

tonnerdrones.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Technology or R&D, Personnel, Operations, Marketing or Sales
Pricing details3 tiers
1Countbot Purchase Model - direct sale with full ownership
ModelOne time/ perpetual licenseBilling cadenceOne time
Notes

Includes training of customer personnel, service contract, and maintenance coverage. Full ownership of the solution.

tonnerdrones.com
2Countbot Leasing - financing solution for customers
ModelSubscriptionBilling cadenceMonthly
Notes

Includes warehouse setup, support and maintenance contract, and operator training. Customer gains autonomy to use the solution independently.

tonnerdrones.com
3Countbot as a Service - on-demand inventory visits
ModelUsage-basedBilling cadencePay-as-you-go
Notes

One-time setup of solution in warehouse. Tonner Drones performs inventory when needed. Provides inventory results with WMS comparison. Available for one or several cells, wall-to-wall or rolling inventory.

tonnerdrones.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1Countbot
Description

Warehouse inventory drone solution developed in collaboration with GEODIS logistics group, improving stock reliability by automating the inventory stage. Offered for buying, leasing, or as a service.

tonnerdrones.com
Core offering1 text field

Tonner Drones develops and sells the Countbot, an automated warehouse inventory drone solution built in collaboration with logistics group GEODIS. The company offers this drone system through direct purchase, leasing, or as a service model to logistics operators seeking to automate stock counting. In parallel, Tonner Drones manages an investment portfolio of minority stakes in specialized drone manufacturers (Elistair, Donecle, Diodon) and pursues patent monetization through its Inhibitor technology.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Operating expenses reduced by 76% to €778,000 in 2025
+3 more records
Product overview1 text field

Tonner Drones operates as an active investor in transformative technologies, primarily developing the Countbot solution for the logistics sector while holding strategic stakes in French drone manufacturers. The core offering is the Countbot inventory drone solution, available through purchase, leasing, or as-a-service models, which the company develops in collaboration with GEODIS. The company also holds participations in Diodon (waterproof drones), Elistair (tethered surveillance drones), and Donecle (aircraft inspection drones), managing these investments for value appreciation. Additionally, Tonner Drones pursues patent licensing opportunities through its 'Inhibitor' technology and may generate revenue through royalties or patent sales.

Product and service1 record
1Countbot
Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Strategic collaboration with GEODIS logistics group for development of the Countbot automated warehouse inventory drone solution. GEODIS contributed operational requirements and use case expertise to the product development process.

Strategic tierPortfolio InvestmentTypeStrategic or Co-development Partner
Description

Tonner Drones holds 11.43% stake in Elistair, a leader in automated tethered drones for surveillance and tactical communications. D.M. van den Ouden represents Tonner Drones on Elistair's board. Shares valued at €534,112.

Strategic tierPortfolio InvestmentTypeStrategic or Co-development Partner
Description

Tonner Drones holds 10.30% stake in Donecle, the leader in automated drones for aircraft inspections with Iris drone solutions. D.M. van den Ouden represents Tonner Drones on Donecle's board. Shares valued under €20,000.

Strategic tierPortfolio InvestmentTypeStrategic or Co-development Partner
Description

Tonner Drones holds 8.4% stake in Diodon, which designs waterproof mini aerial drones for defense, security, rescue and offshore operations. DM van den Ouden represents Tonner Drones on Diodon's board of directors.

Strategic tierPortfolio InvestmentTypeStrategic or Co-development Partner
Description

Tonner Drones holds 18.7% stake in Roth Mions, a French specialist in ultra-high-pressure gas storage solutions and the only French manufacturer of seamless steel tanks up to 1,000 bar. Tonner Drones orchestrated Roth Mions' Euronext Access listing and participated in pre-listing fundraising.

Strategic tierProduct PartnershipTypeTechnology or Integration
Description

Donecle's Iris dentCHECK drone is developed in partnership with 8Tree, focused on precise dent measurements for faster and accurate structural assessments at heights.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Market position
Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Tonner Drones

Commercial Drones / Warehouse Inventory Automationtonnerdrones.com

Tonner Drones is a French publicly listed holding company (Euronext Access Paris: ALTD) that commercializes the Countbot warehouse-inventory drone solution developed with GEODIS and holds minority stakes in drone manufacturers (Elistair, Donecle, Diodon), gas-storage specialist Roth Mions, and SpaceX.

What Tonner Drones does

Tonner Drones is a French public holding company listed on Euronext Access Paris under ticker ALTD (formerly associated with the Delta Drone brand), headquartered at 27 avenue de l'Opéra, Paris. The company operates a hybrid model that combines a single operating product, Countbot, with a portfolio of minority equity stakes in specialized drone manufacturers and adjacent industrial assets. Countbot is an automated warehouse-inventory drone solution developed in close collaboration with logistics group GEODIS, designed to replace manual inventory counting with automated drone flights that produce WMS-compatible stock data; it is commercialized through three channels — direct purchase (with bundled training, service contract, and maintenance), monthly leasing (including setup and operator training), and on-demand service (Tonner Drones operates the inventory visits on a pay-per-engagement basis). The company also holds minority stakes in Elistair (11.43%, tethered surveillance drones deployed in 70+ countries), Donecle (10.30% retained after a partial exit, automated aircraft inspection drones listed in Airbus and Boeing AMMs), Diodon (8.4%, waterproof microdrones for maritime defense), Roth Mions (18.7%, ultra-high-pressure gas storage), and SpaceX (strategic position taken in January 2026). The business model generates revenue from Countbot sales/leasing/service fees, investment-portfolio appreciation and partial exits, and potentially future royalties or sale of the 'Inhibitor' patent. In 2025 the company completed a financial restructuring that reduced operating expenses by 76% to €778,000 and shifted it to a €1.1M net profit from a €5.6M loss the prior year.

Tonner Drones firmographics

Firmographics
Name
Tonner Drones
Legal name
Tonner Drones
Website
https://tonnerdrones.com
Company type
Public
Founded year
2011
Operating status
Operating
Headcount range
11–50 employees
Short description
Tonner Drones is a French publicly listed holding company (Euronext Access Paris: ALTD) that commercializes the Countbot warehouse-inventory drone solution developed with GEODIS and holds minority stakes in drone manufacturers (Elistair, Donecle, Diodon), gas-storage specialist Roth Mions, and SpaceX.
Ownership category
akta.pro rank

Tonner Drones industry classification

Industry
Product category
Commercial Drones / Warehouse Inventory Automation
NAICS
Material Handling Equipment Manufacturing (33392)
SIC
Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)
akta.pro primary industry
Consumer Non-Imaging Drones (Toy/FPV, Racing, Delivery/Utility) (CRACARAH)

Keywords

  • Warehouse inventory drones
  • Automated drone solutions
  • Commercial UAV systems
  • Drone logistics technology
  • Drone portfolio investment

Where Tonner Drones is headquartered

Location

Headquarters

HQ city
Dardilly
HQ country
France
HQ region
Europe

Offices1 record

Markets served

Tonner Drones business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

  1. Countbot Sales and Leasing: Direct sale of Countbot inventory drone systems with bundled training, service contracts, and maintenance. Alternative leasing model includes warehouse setup, support, maintenance, and operator training. One-time revenue from system sales; recurring revenue from service contracts.
  2. Service-based Revenue: On-demand inventory service where Tonner Drones visits client warehouses and performs inventory counts. Revenue per mission or service engagement. Can cover single or multiple warehouse cells, wall-to-wall or rolling inventory.
  3. Investment Portfolio Returns: Strategic investments in drone manufacturers (Elistair 11.43%, Donecle 10.30%, Diodon 8.4%, Roth Mions 18.7%, SpaceX). Revenue from partial exits, dividends, and appreciation in portfolio company valuations.
  4. Patent Royalties (Inhibitor): The company is evaluating potential additional revenues through royalties or sale of its 'Inhibitor' patent.

Pricing tiers

ModelBillingPrice
One time/ perpetual licenseOne timeCountbot Purchase Model - direct sale with full ownership
SubscriptionMonthlyCountbot Leasing - financing solution for customers
Usage-basedPay-as-you-goCountbot as a Service - on-demand inventory visits

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Tonner Drones product offering

Product offering

Core offering

Tonner Drones develops and sells the Countbot, an automated warehouse inventory drone solution built in collaboration with logistics group GEODIS. The company offers this drone system through direct purchase, leasing, or as a service model to logistics operators seeking to automate stock counting. In parallel, Tonner Drones manages an investment portfolio of minority stakes in specialized drone manufacturers (Elistair, Donecle, Diodon) and pursues patent monetization through its Inhibitor technology.

Product overview

Tonner Drones operates as an active investor in transformative technologies, primarily developing the Countbot solution for the logistics sector while holding strategic stakes in French drone manufacturers. The core offering is the Countbot inventory drone solution, available through purchase, leasing, or as-a-service models, which the company develops in collaboration with GEODIS. The company also holds participations in Diodon (waterproof drones), Elistair (tethered surveillance drones), and Donecle (aircraft inspection drones), managing these investments for value appreciation. Additionally, Tonner Drones pursues patent licensing opportunities through its 'Inhibitor' technology and may generate revenue through royalties or patent sales.

Differentiator

Problem solved

Functional benefit

Brands

  • Countbot: Warehouse inventory drone solution developed in collaboration with GEODIS logistics group, improving stock reliability by automating the inventory stage. Offered for buying, leasing, or as a service.

Products and services

  • Countbot

Quantifiable outcome

  • Operating expenses reduced by 76% to €778,000 in 2025
  • +3 more outcomes

Companies that use Tonner Drones

Customer profile

Named customers12 records

Segments3 records

Ideal customer profiles1 record

Tonner Drones technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Tonner Drones partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core, portfolio investment and product partnership.

  • GEODIScoreStrategic or Co-development PartnerStrategic collaboration with GEODIS logistics group for development of the Countbot automated warehouse inventory drone solution. GEODIS contributed operational requirements and use case expertise to the product development process.
  • Elistairportfolio investmentStrategic or Co-development PartnerTonner Drones holds 11.43% stake in Elistair, a leader in automated tethered drones for surveillance and tactical communications. D.M. van den Ouden represents Tonner Drones on Elistair's board. Shares valued at €534,112.
  • Donecleportfolio investmentStrategic or Co-development PartnerTonner Drones holds 10.30% stake in Donecle, the leader in automated drones for aircraft inspections with Iris drone solutions. D.M. van den Ouden represents Tonner Drones on Donecle's board. Shares valued under €20,000.
  • Diodonportfolio investmentStrategic or Co-development PartnerTonner Drones holds 8.4% stake in Diodon, which designs waterproof mini aerial drones for defense, security, rescue and offshore operations. DM van den Ouden represents Tonner Drones on Diodon's board of directors.
  • Roth Mions (ROTH2)portfolio investmentStrategic or Co-development PartnerTonner Drones holds 18.7% stake in Roth Mions, a French specialist in ultra-high-pressure gas storage solutions and the only French manufacturer of seamless steel tanks up to 1,000 bar. Tonner Drones orchestrated Roth Mions' Euronext Access listing and participated in pre-listing fundraising.
  • 8Treeproduct partnershipTechnology or IntegrationDonecle's Iris dentCHECK drone is developed in partnership with 8Tree, focused on precise dent measurements for faster and accurate structural assessments at heights.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Tonner Drones competitors and assessment

Company assessment

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Tonner Drones social profiles

Digital presence

Tonner Drones financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Tonner Drones leadership team

Management profile

Number of profiles

Profiles3 records

Tonner Drones subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Tonner Drones funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Tonner Drones M&A and investment

M&A and investment

M&A5 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tonner Drones

What does Tonner Drones do?

Tonner Drones develops and sells the Countbot, an automated warehouse inventory drone solution built in collaboration with logistics group GEODIS. The company offers this drone system through direct purchase, leasing, or as a service model to logistics operators seeking to automate stock counting. In parallel, Tonner Drones manages an investment portfolio of minority stakes in specialized drone manufacturers (Elistair, Donecle, Diodon) and pursues patent monetization through its Inhibitor technology.

Is Tonner Drones a public or private company?

Tonner Drones is a public company. It is classified as public and is currently operating.

When was Tonner Drones founded?

Tonner Drones was founded in 2011. It employs 11 to 50 people.

Where is Tonner Drones based?

Tonner Drones is headquartered in Dardilly, France, in the Europe region.

How does Tonner Drones make money?

Four revenue lines are on record. Countbot Sales and Leasing is the primary driver. The others are service-based Revenue, investment Portfolio Returns and patent Royalties (Inhibitor).

Does Tonner Drones have an API?

No public API is recorded for Tonner Drones.

What industry is Tonner Drones in?

Tonner Drones's product category is Commercial Drones / Warehouse Inventory Automation. Its primary akta.pro industry code is CRACARAH, Consumer Non-Imaging Drones (Toy/FPV, Racing, Delivery/Utility). Its NAICS code is 33392 and its SIC code is 3812.

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Live signals
The Defense PostTonner Drones Expands Into Defense With Azur Drones AcquisitionFrench drone maker Tonner Drones has agreed to acquire autonomous surveillance specialist Azur Drones, structured through a liquidation proceeding subject to court approval. Azur Drones has invested over 50 million euros ($58 million) in R&D for its Skeyetech system, which has flown more than 62,000 autonomous beyond visual line of sight missions in 11 countries. Azur Drones will continue serving European customers under a separate partnership with Drone Volt.AInvest"Defense Exposure" With a Receivership Attached: Tonner Drones Buys Azur DronesTonner Drones, a Paris-listed micro-cap, announced on August 27, 2026 a binding agreement with Drone Volt to acquire 100% of Azur Drones, a maker of the Skeyetech autonomous surveillance drone. Azur Drones posted €1.5 million revenue and a €5.35 million loss in fiscal 2024 and was placed in receivership in June 2026. The deal terms, including price and currency, were not disclosed.NewsnReleasesTonner Drones acquires Azur Drones, expands defense and security portfolioTonner Drones announced on Aug. 27 a cash-funded acquisition of French autonomous surveillance drone maker Azur Drones from Drone Volt, taking over all assets, technology and key personnel. Financial terms were not disclosed; Azur Drones has raised over €50 million in R&D and flown more than 62,000 autonomous beyond-visual-line-of-sight missions in 11 countries. The deal awaits court approval.FinancialContent Business PageDRONE VOLT announces the signing of a binding agreement with Tonner Drones covering the transfer of Azur Drones' assets, as well as an industrial and commercial partnershipDRONE VOLT announced on August 27, 2026 that it signed a binding agreement with Tonner Drones to sell the equity of a new Azur Drones company, created by its subsidiary InAirTech to acquire Azur Drones' assets, which will remain wholly owned by DRONE VOLT. DRONE VOLT gets exclusive commercial rights worldwide except Europe, while the new Azur Drones serves its European and defense customers. The "Drone in a Box" system has over 62,000 BVLOS flights in 11 countries.FinancialContent Business PageDRONE VOLT annonce la signature d'un protocole engageant avec Tonner Drones comprenant la cession des actifs de la société Azur Drones, ainsi qu'un partenariat industriel et commercialDRONE VOLT announced on August 27, 2026 that it signed a binding protocol with Tonner Drones covering the sale of Azur Drones' assets, which will be held in a 100% DRONE VOLT-owned company, plus an industrial and commercial partnership. DRONE VOLT gets exclusive commercial rights worldwide except Europe, while Azur Drones retains European and defence clients. The "Drone in a box" system has over 62,000 BVLOS flights across 11 countries.GlobeNewswireTonner Drones renforce sa trésorerie de 1,5 million d'euros grâce à l'émission d'un emprunt obligataire traditionnel assorti de bons de souscription d'actionsTonner Drones has successfully raised 1.5 million euros through the issuance of a traditional bond loan with stock warrants (BSA) to investor Sitimo Ltd, strengthening its treasury position. The bond carries a 5% annual interest rate payable monthly with maturity on December 31, 2027, while the warrants (Series A at €0.028 and Series B at €0.032 exercise prices) could generate an additional 3 million euros if fully exercised, resulting in a maximum dilution of approximately 16%. The company states this funding positions it to capture emerging opportunities in the defense, drone, and technology sectors, with Sitimo Ltd already holding over 25% of Tonner Drones shares including a 12.3% stake held by CEO Diede van den Ouden.GlobeNewswireTonner Drones Strengthens Its Cash Position by €1.5 Million Through the Issuance of a traditional Bond with WarrantsTonner Drones issued a €1.5 million traditional bond with warrants to investor Sitimo Ltd on August 5, 2026, to strengthen its cash position. The bond carries a 5% interest rate, matures on December 31, 2027, and includes warrants exercisable at €0.028 (Series A) and €0.032 (Series B) per share, representing premiums of 3.9% and 18.7% respectively over the 20-day volume-weighted average price. CEO Diede van den Ouden stated the funding provides the company with a war chest to capitalize on emerging opportunities in the defense, drone, and technology sectors, with long-term investors including the CEO holding over 25% of shares.BoursoramaTonner Drones renforce sa trésorerie de 1,5 million d'euros grâce à l'émission d'un emprunt obligataire traditionnel assorti de bons de souscription d'actionsTonner Drones issued a €1.5 million traditional bond with subscription rights to a support investor, strengthening its cash reserves. The company says the funding positions it to seize opportunities in defense, drones, and technology markets. The bond issuance was announced on August 5, 2026.FortuneoTonner Drones : émission d'un emprunt obligataire traditionnel de 1,5 METonner Drones announced a €1.5 million traditional bond issuance to a support investor, maturing December 31, 2027, with 5% annual interest. The bond includes BSA options that could raise up to €3 million if fully exercised, with maximum dilution around 16%.FinanzNachrichten.deMHM Corporate: Debt Restructuring through Bonds Redeemable in SharesMHM Corporate announced a debt restructuring through the issuance of 2,969,599 new bonds redeemable in shares totaling EUR 2,969,599, subscribed by Mr. Diede van den Ouden and Tonner Drones, along with an amendment to an existing EUR 720,310 bond. Following these operations, all share-redeemable bonds totaling EUR 3,689,909 carry harmonized terms including a 1:1 conversion ratio, maturity on December 31, 2029, and 5% annual interest. The company also announced plans for an upcoming capital increase to finance operating costs, settle supplier payables, and support new business development.