UMAV ANNOUNCES ITS LIGHTER THAN AIR DETACHABLE DRONE IS COMPLETING FINAL AVIONICS INSTALLATION
21 Março 2022 - 9:30AM
InvestorsHub NewsWire
UMAV ANNOUNCES ITS
LIGHTER THAN AIR DETACHABLE DRONE IS COMPLETING FINAL AVIONICS
INSTALLATION
GULF COUNTY TAKING BIDS FOR COSTIN AIRPORT
INFRASTRUCTURE
Port St. Joe-Wewahitchka, Florida -- March 21,
2022 -- InvestorsHub NewsWire -- UAV Corp (OTC
Pink: UMAV) announces the near completion of the new Lighter
Than Air Detachable Drone "LTATDD SA-70" with the avionics
installation in its final stage and integration of subsystems
before flight. Over the past three years UAV Corp's wholly owned
subsidiary Skyborne Technology, Inc. has designed, developed and is
currently completing the manufacturing of innovative technology to
provide disaster relief, communications, agriculture assessment,
public safety, defense and other functions for domestic and
international customers. The LTATDD SA-70 semirigid structure
encompasses a helium-filled, lighter-than-air (LTA) drone, fixed
site mooring and tether controls as well as the LTA Drone is unique
in that it allows the command-and-control personnel to release the
tether and initiate flight as a remotely piloted unmanned airship.
The LTATDD SA-70 will be equipped with a modular pod (APOD) system
which includes the flight deck and housing for up to two (2)
unmanned drones for in-flight launch. Our first LTATDD SA-70 will
be utilized for FEMA Disaster Relief efforts for the State of
Florida through the Triumph Fund-Gulf/Coast State College Program.
Our market research after Hurricane Michael and ongoing dialog with
government agencies such as Homeland Security, Customs and Border
Patrol, Naval Warfare Center, FEMA, Air Force, and other government
agencies led to new advanced designs for the build of the LTATDD
SA-70-12.
During the LATDD SA-70's development, the company has reengineered
all hard structures, outer/inner envelopes, new UAS drone decks and
an avionics suite for manned and unmanned capabilities. The hard
structure CAD designs that can be transferred from aircraft
aluminum to composites which could reduce the LTA Drone weight
allowing for additional future surveillance and telecommunication
systems. The avionics suite is a state-of-the-art system for
remotely piloted operations. "The company chose to invest in
advanced technologies to be ahead of the curve for a total aerial
communication system at an affordable cost," stated Michael Lawson
CEO.
With the planned infrastructure upgrades to UAV Corp's Costin
Airport improvements will give the company a well-equipped
operating base to complete the planned test flights of their
LTATDD. "I am pleased to report that
the Gulf County Commission unanimously approved a motion to go out
for construction bids to provide the $1,034,000 in infrastructure
support to develop UAV Corp's Skyborne hangar and operations
facility in Port St. Joe Florida. The scope of work includes paving
Cessna Drive and provision of water, sewer and
electricity. We are excited
by the possibilities and look forward to assisting UAV Corp in
making this facility a reality!" stated Jim McKnight, Executive
Director Gulf County Economic Development
Coalition.
"UAV Corp (UMAV)
is uniquely positioned and recognized as a top 10 drone stock for
2022 as reported in the U.S. News & World Report on
12/06/2021 https://news.yahoo.com/7-drone-stocks-consider-technology-210650120.html
and https://stockhitter.com/blog/top-drone-stocks
on 3/15/2022.We continue to show that
we are building our proprietary new technology to benefit both
commercial, military and humanitarian opportunities. We believe
that focusing our business directive on these markets will provide
future growth and continue to add value for our shareholders. We
will continue to update on our progress with real time information
and live feeds of test flights through our website at
www.uavcorp.net and https://twitter.com/UAV_Corp
on Twitter, "stated Billy
Robinson, Chairman.
About UAV Corp
UAV Corp (UMAV)
is a Research and Development holding company with a focus on
Communication Aerospace and Environmental Solutions. Researchers at
UAV Corp are actively engaged in solving transformative problems
for the government and commercial clients. We are working on a wide
range of topics including but not limited to advanced
communication, Airship and Drone Technology and low altitude
analysis of carbon dioxide (CO2) conversion, new energy processes,
biomass conversion, energy efficiency crop and mining management.
UAVs wholly owned subsidiary Skyborne Technology, Inc. has
significant investments in research & development of
Intellectual Property and proprietary designs in areas covering
semi-rigid and rigid airship design, reverse-ballonet technology,
mooring and hybrid propulsion that have competitive advantages for
both its Spherical and Cylinder Class tether/airship designs.
Skyborne Technology has a manufacturing facility in Wewahitchka,
Florida and owns the airport in Port St. Joe, Florida for manned
and unmanned operations. Skyborne Central America, LLC a wholly
owned subsidiary pursues unique business opportunities in the
Caribbean, Central America, and Mexico for the DATT tether-airship
systems and advanced UAS capabilities.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION:
This news release includes certain "forward-looking statements"
under applicable US securities legislation. Forward-looking
statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable, are subject to known
and unknown risks, uncertainties, and other factors which may cause
the actual results and future events to differ materially from
those expressed or implied by such forward-looking statements. Such
factors include, but are not limited to: general business,
economic, competitive, political and social uncertainties; delay or
failure to receive board, shareholder or regulatory approvals,
where applicable and the state of the capital markets. There can be
no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by
law.
Contact:
UAV Corp
OTC: UMAV
Billy Robinson, Chairman
504-722-7402
brobinson@uavcorp.net
www.uavcorp.net
https://twitter.com/UAV_Corp
Deborah
Cheek, Communications Director
850-588-1747
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