Drone Aviation’s Winch Aerostat Small Platform (“WASP”) is a awful appropriate and adaptable aerostat arrangement which can be operated by as few as two soldiers and can accommodate day/night video, defended multi-frequency and multi-wave anatomy wireless advice ambit addendum adequacy at the bend of the battlefield from either a anchored position or while actuality towed.
JACKSONVILLE, FL, Oct. 16, 2018 (GLOBE NEWSWIRE) — Drone Aviation Holding Corp. (OTCQB: DRNE) (“Drone Aviation” or the “Company”), a architect of tethered drones and lighter-than-air aerostats, today appear that it has delivered its multi-mission able appropriate Winch Aerostat Small Platform (“WASP”) to the Department of Aegis (“DoD”) beneath a arrangement accolade admired in balance of $1.7 million. This accolade is the third echo adjustment for the WASP by this chump and is the aftereffect of a growing cardinal of acknowledged all-embracing deployments with aggressive personnel.
The contract, for a customized WASP Elevated Relay Arrangement (ERS), appearance accompanying multi-mission capabilities for continued ambit communications up to 40km utilizing multi-frequency and multi-wave anatomy radios operating in alongside with aeriform achievement ISR payloads advised for day/night Intelligence, Surveillance and Reconnaissance (ISR) missions.
“This commitment added demonstrates our adeptness to rapidly construe arduous chump requirements from the whiteboard to the acreage in a reliable and repeatable solution,” said Dan Erdberg, President of Drone Aviation. “The WASP ERS auspiciously integrates industry-leading communications radios that can seamlessly affix to absolute defended aggressive networks deployed globally. This expands our abeyant bazaar to accommodate solutions that accredit rapid, amount able addendum of absolute communications basement worldwide.”
“This latest arrangement is a above banking and business anniversary for Drone Aviation, appearance our better distinct arrangement and advancing our efforts to abound our operations and catechumen high-value opportunities for the WASP into revenue. Furthermore, through a focused action of abstruse administration and customer-driven artefact development, we are transforming our investments into different solutions such as this WASP communications system. We abide committed to developing solutions with different capabilities and incomparable operational economics, analytical attributes which adjust anon with accepted aggressive and citizenry aegis priorities in 2019,” added Jay Nussbaum, Chairman and CEO of Drone Aviation Corp.
The WASP is a awful appropriate and adaptable aerostat arrangement which can be operated by as few as two soldiers and can accommodate day/night video, defended multi-frequency and multi-wave anatomy wireless advice ambit addendum adequacy at the bend of the battlefield from either a anchored position or while actuality towed. Over the accomplished four years, U.S. Army-owned WASP systems accept auspiciously completed bags of hours of soldier training operations, assorted DoD exercises, and chump operations. WASP is currently actuality activated by the DoD as a mobile, appropriate aeriform band-aid that can abutment multi-mission profiles involving arena and aerial-based assets through advice retransmission. Operating at altitudes of up to 1,500 anxiety AGL, the WASP arrangement can decidedly extend ISR capabilities and defended communications in alien and ascetic locations. The soldier-operated systems can be rapidly configured to abutment a array of mission requirements for days, weeks or months with customized payloads. For added advice on the WASP, including artefact affirmation video, amuse visit: https://www.droneaviationcorp.com/solutions/aerostat/wasp.
About Drone Aviation Holding Corp.
Drone Aviation Holding Corp. (OTCQB: DRNE) develops and articles cost-effective, bunched and rapidly adaptable aeriform platforms, including lighter-than-air aerostats and electric-powered drones advised to accommodate government and bartering barter with added surveillance and advice capabilities. Utilizing a patented binding system, Drone Aviation’s articles are advised to accommodate abiding operational continuance capabilities accumulated with bigger reliability, abnormally accomplishing analytical requirements in military, law enforcement, commercial, and automated applications. For added advice about Drone Aviation, amuse appointment www.DroneAviationCorp.com or appearance our letters and filings with the Securities and Exchange Commission at http://www.sec.gov, including the Risk Factors included in our Annual Report on Anatomy 10-K for the budgetary year concluded December 31, 2017, as able-bodied as advice in our Quarterly Letters on Anatomy 10-Q and Accepted Letters on Anatomy 8-K.
Statements in this columnist absolution that are not absolute facts are avant-garde statements that reflect management’s accepted expectations, assumptions, and estimates of approaching achievement and bread-and-er conditions, and absorb risks and uncertainties that could account absolute after-effects to alter materially from those advancing by the statements fabricated herein. Avant-garde statements are about identifiable by the use of avant-garde analogue such as “believe,” “expects,” “may,” “looks to,” “will,” “should,” “plan,” “intend,” “on condition,” “target,” “see,” “potential,” “estimates,” “preliminary,” or “anticipates” or the abrogating thereof or commensurable terminology, or by altercation of action or goals or added approaching events, circumstances, or effects. Moreover, avant-garde statements in this absolution include, but are not bound to, those apropos to: the adeptness to abutment approaching aggressive needs for avant-garde articulation and abstracts communications applications, the assiduity of growing appeal for drones for aggressive and accompaniment and bounded law administration authorities. The Company’s banking after-effects and the avant-garde statements could be afflicted by abounding factors, including, but not bound to, appeal for the Company’s articles and services, bread-and-er altitude in the U.S. and worldwide, changes in appropriations by Congress and bargain allotment for aegis accretion and analysis and development programs, and our adeptness to recruit and absorb management, technical, and sales personnel. Added advice apropos to factors that may appulse the Company’s after-effects and avant-garde statements are appear in the Company’s filings with the SEC. The avant-garde statements independent in this columnist absolution are fabricated as of the date of this columnist release, and the Company disclaims any ambition or obligation, added than imposed by law, to amend or alter any avant-garde statements, whether as a aftereffect of new information, approaching events, or otherwise.
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