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Drone Aviation Delivers on $1.7 Million Contract for WASP Tactical Aerostat to U.S. Department of Defense
Drone Aviation Delivers on $1.7 Million Contract for WASP Tactical Aerostat to U.S. Department of Defense.
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[{"type":"text","content":"\nJACKSONVILLE, FL, Oct. 16, 2018 (GLOBE NEWSWIRE) -- Drone Aviation Holding Corp. (OTCQB: DRNE) (“Drone Aviation” or the “Company”), a manufacturer of tethered drones and lighter-than-air aerostats, today announced that it has delivered its multi-mission capable tactical Winch Aerostat Small Platform (\"WASP\") to the Department of Defense (“DoD”) under a contract award valued in excess of $1.7 million. This award is the third repeat order for the WASP by this customer and is the result of a growing number of successful international deployments with military personnel.\n\n \n \n \n \n \n \n \n \n \n \n \n Drone Aviation's Winch Aerostat Small Platform (\"WASP\") is a highly tactical and mobile aerostat system which can be operated by as few as two soldiers and can provide day/night video, secure multi-frequency and multi-wave form wireless communication range extension capability at the edge of the battlefield from either a stationary position or while being towed.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n The contract, for a customized WASP Elevated Relay System (ERS), features simultaneous multi-mission capabilities for extended range communications up to 40km utilizing multi-frequency and multi-wave form radios operating in parallel with high performance ISR payloads designed for day/night Intelligence, Surveillance and Reconnaissance (ISR) missions. “This delivery further demonstrates our ability to rapidly translate challenging customer requirements from the whiteboard to the field in a reliable and repeatable solution,” said Dan Erdberg, President of Drone Aviation. “The WASP ERS successfully integrates industry-leading communications radios that can seamlessly connect to existing secure military networks deployed globally. This expands our potential market to include solutions that enable rapid, cost effective extension of existing communications infrastructure worldwide.” “This latest contract is a major financial and business milestone for Drone Aviation, marking our largest single contract and advancing our efforts to grow our operations and convert high-value opportunities for the WASP into revenue. Furthermore, through a focused strategy of technical leadership and customer-driven product development, we are transforming our inv...