UAV
Corp (UMAV) Working on Securing $1.5 Billion in Contracts and
Announces Groundbreaking Partnership with Atlantic Industrial
Group
CEO
Letter Published on OTCMarkets.com
WEWAHITCHKA-PORT ST
JOE, FL -- January 6, 2025 -- InvestorsHub NewsWire
-- UAV Corp
(OTC:
UMAV) had an outstanding 2024, marked by groundbreaking
innovations, strategic alliances, and significant advancements in
key markets. Looking to 2025 we're focused on securing $1.5 billion
in contracts, unveiling innovations like the DART SA70-12, and
expanding our state-of-the-art facilities, including the "SKY"
hangar. With sustainability, innovation, and financial strength at
our core, we're driving the future of aerospace and unmanned
systems. For more details, including insights from the CEO, please
view the full letter on OTCMarkets.com at https://www.otcmarkets.com/stock/UMAV/overview.
Building on this
momentum, UAV Corp is proud to announce a strategic partnership
with Atlantic Industrial Group (AIG), integrating AIG's newly
acquired Vertical Take-Off and Landing (VTOL) technologies into
Skyborne Technology's cutting-edge facilities in Gulf County,
Florida. This collaboration, supported by a licensing agreement,
combines the strengths of both companies to develop next-generation
VTOL systems.
Under the agreement, AIG
will manufacture and develop its advanced airframes using Skyborne
Technology's manufacturing facility in Wewahitchka, Florida with
future new Generation 3D printing systems and infrastructure.
Concurrently, UAV Corp will advance its innovative platforms,
ensuring seamless integration between AIG's VTOL technologies and
UAV Corp's proprietary systems.
"This is an exciting step
forward in UAV Corp's mission to lead the aerospace industry with
transformative technologies," said Michael Lawson, CEO of UAV Corp.
"Our collaboration with AIG enables us to leverage shared
resources, including engineering expertise and advanced
manufacturing capabilities. Together, we are creating a cohesive
platform that will set new standards in VTOL
innovation."
AIG's acquisition of VTOL
technologies includes 20 years of research data, advanced
airframes, and the renowned Verticopter, Converticopter, and
Elytron vehicles, which have earned certificates of completion from
NASA and Ames Laboratory. These technologies, combined with UAV
Corp's expertise, will produce the most maneuverable and efficient
VTOL platforms on the market.
Engineers from both
companies are working closely to integrate their respective
systems, enabling interoperability and maximizing performance
across platforms. This collaborative manufacturing approach will
streamline production, ensure the highest quality standards, and
accelerate the commercialization of these groundbreaking
technologies.
In December 2024, the
Board of Directors implemented a substantial reduction in the
company's authorized share count as part of its broader strategic
objectives. Early next week, the Board will reconvene to deliberate
on the potential for an additional reduction, underscoring its
continued commitment to optimizing the company's capital structure
and acting in the best interests of its shareholders. This
initiative reflects the company's steadfast dedication to enhancing
long-term shareholder value.
About
UAV Corp/Skyborne Technology, Inc.
UAV Corp is a premier
developer of manned and unmanned aerial vehicle technologies,
specializing in highly maneuverable, lighter-than-air systems and
cutting-edge aerial platforms. With decades of experience and
innovation, UAV Corp is committed to delivering reliable,
transformative solutions for commercial and government
applications. For more information, visit www.uavcorp.net.
Michael Lawson,
CEO
mlawson@uavcorp.net
About
Atlantic Industrial Group (AIG)
Atlantic Industrial Group
specializes in manufacturing and defense solutions, focusing on the
acquisition and production of advanced airframe and subsurface
vehicle designs. AIG's technologies emphasize efficiency,
scalability, and innovation, with applications across diverse
industries. For more information, visit www.atlanticindustrialgroup.com.
Maceo
Remy, CRO
mremy@atlanticindustrialgroup.com
Cautionary
Statement Regarding Forward-Looking Information
This news release
includes certain "forward-looking statements" under applicable U.S.
securities legislation. Forward-looking statements are based on
estimates and assumptions that, while considered reasonable, are
subject to risks, uncertainties, and other factors which may cause
actual results to differ materially. The Company disclaims any
intention or obligation to update forward-looking statements,
except as required by law.
Contact:
Michael Lawson,
CEO
mlawson@uavcorp.net
115 County Road
381
Wewahitchka, Florida
32465
For more information about UMAV Corp and its
innovative technologies, please visit www.uavcorp.net