Bruges, 29 October 2026 – Sol.One (Sol1 BV), a leading European drone manufacturer, today announces that it has secured commitments for EUR 5.5 million of financing, combining a capital increase and an issue of convertible bonds, the majority of which is backed by existing shareholders.
This first step launches Project SOLFORGE, a EUR 20 million investment plan designed to accelerate Sol.One’s development.
Fuelling working capital and a buy-and-build strategy
The proceeds will reinforce Sol.One’s cash position and fund its working capital needs. They will also support an external growth strategy built on two pillars:
- the acquisition of new technology building blocks needed for Sol.One’s drone solutions;
- the acquisition of, or investment in, companies already active in the drone sector.
Through this strategy, Sol.One aims to achieve economies of scale, secure its supply chain and open new markets.
Board and management to be strengthened
Sol.One also plans to strengthen its Board of Directors and management team in the coming weeks. Further announcements will be made in due course.
Completion expected by end of November 2026
The financing is expected to complete by the end of November 2026, subject to customary conditions, including the execution of the notarial deed for the capital increase.
Leviora Capital supported Sol.One’s management throughout this transaction.
“This financing marks a step change for Sol.One. With Project SOLFORGE, we are moving up a gear. Many challenges still lie ahead, but our team is highly motivated and we can count on the strong support of our shareholders. We are convinced that bringing new businesses into the Group will create significant added value,” says Filip Verhaeghe, Managing Director of Sol.One.
About Sol.One
Safety Of Life in One world is the mission of Sol.One, a leading European drone manufacturer headquartered in Belgium. Bringing automotive-scale production to drones, it builds systems for inspection and transport in the civilian world, and as drone mothership, rocket launcher, ISR, logistics, evacuation and electronic warfare on the military side. Air defence systems protect people and infrastructure on the ground from incoming drones. www.sol.one
Important notice
This press release is for information purposes only. It does not constitute or form part of an offer to sell, or a solicitation of an offer to subscribe for or purchase, any securities of Sol.One (Sol1 BV) in any jurisdiction. The capital increase and the convertible bond issue referred to in this press release were not made by way of an offer of securities to the public, and no prospectus has been or will be published or approved by any authority in connection with it. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption.
This press release contains forward-looking statements regarding Sol.One’s plans, strategy and objectives. These statements reflect Sol.One’s current expectations and are subject to risks and uncertainties. Actual results may differ materially, and Sol.One undertakes no obligation to update these statements, except as required by law.