Bantec's Drone USA Receives Purchase Orders for Drone Parts from Repeat Customers
Bantec, Inc. (OTCPINK: BANT) announced its subsidiary, Drone USA, has received purchase orders for drone parts from repeat customers. CEO Michael Bannon highlighted the increasing adoption of drone technology by police and fire departments, which is expected to enhance safety and efficiency. He plans to expand business through a drone franchise aimed at capitalizing on this growth. Bantec offers comprehensive drone consulting, training, and technology solutions, targeting various sectors including law enforcement and government.
- Received purchase orders for drone parts from repeat customers.
- Growing interest in drone technology from police and fire departments.
- Plans to create a drone franchise to increase revenue.
- None.
Little Falls, N.J., May 3, 2022 /PRNewswire/ -- Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the "Company"), Bantec, Inc., a product and services company, announces that its subsidiary Drone USA received purchase orders to supply drone parts to repeat customers.
Michael Bannon, Bantec's Chairman and CEO stated: "We see police and fire departments starting to embrace and add drone technology to their crime fighting arsenals. Three years ago, I presented the idea of adding drone technology to a group of police chiefs. Most were not interested. This reluctant sentiment is beginning to dissipate. Drones add efficiency and make dangerous situations safer. Typically, we see departments with one or two technically savvy individuals having some drone knowledge and experience. Their higher ups are allowing these individuals to setup and run drone programs. Many have reached out to us for guidance. As the police and fire drone market grows, we believe creating a drone franchise makes good business sense and will increase revenue in 2022 and beyond.
About Drone USA
Drone USA offers full-service drone consulting, from helping you purchase the right UAVs and accessories, to getting you trained, practiced, and licensed. Whether you're a private security team, police force, or government department, our huge selection of drone technology and training programs will ensure that your team flies smarter, safer, and with the precision of seasoned drone pilots.
Drone USA: www.droneusainc.com
About Bantec
Bantec, Inc, a product and services company, through its subsidiaries and divisions sells to facility managers, engineers, maintenance managers, purchasing managers and contract officers who work for hospitals, universities, manufacturers, commercial businesses, local and state governments, and the US government. Our difference that matters consists of establishing lifelong customer and supplier friendships, responding immediately to our customers' needs, and providing products and services through a highly technically trained, motivated, and incentivized workforce.
Forward-Looking Statements
Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses, or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans, "anticipates," "expects," "believes" or similar words. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in our Form 10-K filed with the U.S. Securities and Exchange Commission.
Contacts:
Michael Bannon
Chairman & CEO
mike@bantecinc.com
View original content:https://www.prnewswire.com/news-releases/bantecs-drone-usa-receives-purchase-orders-for-drone-parts-from-repeat-customers-301538087.html
SOURCE Bantec, Inc.
FAQ
What recent orders did Bantec, Inc. receive?
What is the stock symbol for Bantec, Inc.?
How is Bantec, Inc. involved in the drone market?
What growth plans does Bantec have for its drone business?
Who is the CEO of Bantec, Inc.?
