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A drone maker whose products track small boats in the English Channel is considering a possible stock market flotation in London.
Tekever boss Ricardo Mendes said that as the company was growing well, it would prepare for an IPO “in the next few years.”
Up in the air: Tekever has a contract to alert the Home Office about small boats from a base in Kent and sells drones for reconnaissance in Ukraine
He said London would be the option if the listing were to take place on this side of the Atlantic, although the Nasdaq in New York “would be a very good option as well.”
The Portuguese group opened a factory in Wales in September and has a plant in Southampton.
It has a contract to alert the Home Office about small boats from a base in Kent and sells drones for reconnaissance in Ukraine.
Mendes said the city’s technological aspirations “could be something very interesting – we’ll see how it develops in the coming years.”
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