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UAV Corp Skyborne Technology Secures $105M in Sales Contract LOIs for Revolutionary Dart Series Airships
UAV Corp Skyborne Technology Secures $105M in Sales Contract LOIs for Revolutionary Dart Series Airships.
About this update from Uav Corp.
[{"type":"text","content":"\n WEWAHITCHKA and PORT ST JOE, Fla., Jan. 13, 2025 (GLOBE NEWSWIRE) -- UAV Corp (OTC: UMAV), a leader in innovative manned and unmanned aerial vehicle (UAV) technologies is proud to share updates on its latest advancements in airship technology and its growing global presence. With several global contracts currently under negotiation, UAV Corp continues to position itself as a leader in sustainable aviation solutions. These agreements, represented by Letters of Intent (LOIs), outline additional contracts valued at a minimum of $105 million for a system of three DART Series (Detachable-Airship-Retractable Tether) airships. UMAV/Skyborne Technology's DART MA 600 Airship with Atlantic Industrial Group T-Wing Drones in Flight Operations As part of the execution of the contracts, representatives of countries will witness some of the flight tests which will potentially trigger significant down payments. Delays in the initial launch are due to additional engineering requirements such as new integration of advanced camera system(s), drone bay changes for AIG drone partner for MANTA and T-wing technologies, radar system and antennae systems followed by the additional required capital needed for final integration. (UAV Corp. (UMAV) Further Reduces Authorized Shares to 500) The company plans to leverage the SA70-12 as a pivotal sales tool to finalize global sales in the pipeline. DART SA70-12 Semi-rigid Drone Aiship Integration In addition to the airship agreements, UAV Corp is advancing its partnership with Atlantic Industrial Group Inc. for drone capabilities. Under the standard structure of this collaboration, the contract for the initial supply and manufacturing of drone units with the completed DART MA 600 for three airship/drone systems is valued at $105 million. Additionally, service contracts for training, operational support, and piloting are driven by objective parameters specific to each project. The Dart Series Airship marks a significant breakthrough in aviation technology. Version 2 will feature a carbon fiber structure(s) and rigid and semi-frames while offering unparalleled durability and adaptability. This advanced engineering makes it an ideal solution for a wide range of applications, including disaster relief, cargo transport, communications, security, distance learning, advertising with new digital sign...