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OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Acquisition, Vira Drones, Confirms Pre-Order Discussions for One Hundred Vira M500 Unmanned Aerial Vehicles
OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Acquisition, Vira Drones, Confirms Pre-Order Discussions for One Hundred Vira M500 Unmanned Aerial Vehicles.
About this update from Ilustrato Pictures International Inc.
[{"type":"text","content":"\n NEW YORK, NY, Feb. 17, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. ILUS recently acquired Vira Drones, an Unmanned Aerial Vehicle (UAV) company based in Germany and Switzerland. Vira Drones develops and manufactures UAVs or Industrial Drones which provide the unmanned capability of light helicopters. Their revolutionary technology for the rescue and logistics sector has piqued interest from potential global customers and partners. ILUS can confirm that Vira Drones is now in pre-order discussions with a global company for one hundred Vira M500 rescue UAVs. The total order value being discussed is $60 million with a pre-order deposit of $6 million and delivery in the fourth quarter of 2023.  ILUS CEO, Nick Link, said: “Our teams are often in discussions regarding orders or taking pre-orders, therefore we had not originally considered publishing this news. In this case, we feel that even though it is highly likely that Vira Drones could receive this pre-order for 100 rescue drones, it is most important for our Shareholders and Interested Parties to visualize the extraordinary potential and value that exists within the Vira Drone business. Typical government or military organizations are looking to purchase more than 5 units at a time and Vira Drones has several opportunities in its pipeline for 10 or more units. Opportunities can be won or lost but we are thrilled by the demand for the Vira Drones technology and the number of customers and aviation partners who are interested in pre-ordering their solutions.”  Vira Drones, which was acquired by ILUS in January 2022, creates industrial heavy drones (UAVs) for the rescue, logistics and military sectors. With Vira Drones’ proprietary technology, their UAVs can carry loads of up to 1000kg for as long as two hours, making their UAVs a viable unmanned alternative to light helicopters and free of their limitations. The Vira Drones product range currently consists of the Vira M250, M500 and M750 which have a payload of 250kg, 500kg and 750kg respectively. The Vira M250 has a flight time of up to 4 hours and maximum speeds for the UAVs range from 125 to 150 km/h.  Vira Drones pre...