NAPC Defense, Inc. (OTCPK: BLIS) begins Highly Anticipated Visits with Key European Contacts, and to Saudi Arabia for CornerShot Demonstrations
NAPC Defense, Inc. (OTCPK: BLIS) has begun a strategic European and Saudi Arabian corporate trip. The company met with defense contracting partners in Germany and other countries for Allied defense supplies. Now in Saudi Arabia, NAPC will demonstrate CornerShot firearm tactical devices and represent other arms technologies.
NAPC received a Letter of Intent from Saudi Arabia for 37,000 CornerShot units, valued at $370 million. The company anticipates a new Definitive Order Agreement following demonstrations. NAPC has exclusive rights to produce and sell CornerShot in Saudi Arabia and the US, with production equipment ordered for near-term manufacturing.
As a licensed munitions broker, NAPC expects orders for Allied and NATO forces, with potential inventory valued over $2.5 billion, yielding 10-20% brokering fees.
NAPC Defense, Inc. (OTCPK: BLIS) ha avviato un viaggio strategico in Europa e Arabia Saudita. L'azienda ha incontrato partner di contratti della difesa in Germania e in altri paesi per forniture difensive alleate. Ora in Arabia Saudita, NAPC dimostrerà i dispositivi tattici per armi CornerShot e rappresenterà altre tecnologie armate.
NAPC ha ricevuto una Lettera d'Intento dall'Arabia Saudita per 37.000 unità di CornerShot, valutate 370 milioni di dollari. L'azienda si aspetta un nuovo Accordo di Ordine Definitivo dopo le dimostrazioni. NAPC ha diritti esclusivi per produrre e vendere CornerShot in Arabia Saudita e negli Stati Uniti, con attrezzature di produzione ordinate per una fabbricazione a breve termine.
In qualità di broker di munizioni autorizzato, NAPC prevede ordini per forze alleate e della NATO, con un potenziale inventario valutato oltre 2,5 miliardi di dollari, generando commissioni di intermediazione del 10-20%.
NAPC Defense, Inc. (OTCPK: BLIS) ha comenzado un viaje corporativo estratégico en Europa y Arabia Saudita. La compañía se reunió con socios de contratos de defensa en Alemania y otros países para suministros de defensa aliados. Ahora en Arabia Saudita, NAPC demostrará los dispositivos tácticos de armas CornerShot y representará otras tecnologías armamentistas.
NAPC recibió una Carta de Intención de Arabia Saudita por 37,000 unidades de CornerShot, valoradas en 370 millones de dólares. La compañía anticipa un nuevo Acuerdo Definitivo de Orden tras las demostraciones. NAPC tiene derechos exclusivos para producir y vender CornerShot en Arabia Saudita y EE. UU., con equipo de producción pedido para una fabricación a corto plazo.
Como corredor de municiones autorizado, NAPC espera pedidos para fuerzas aliadas y de la OTAN, con un potencial inventario valorado en más de 2.5 mil millones de dólares, generando comisiones de intermediación del 10-20%.
NAPC Defense, Inc. (OTCPK: BLIS)는 유럽 및 사우디 아라비아에서 전략적인 기업 여행을 시작했습니다. 이 회사는 독일 및 기타 국가의 방위 계약 파트너들과 만나 동맹의 방어 물자를 논의했습니다. 현재 사우디 아라비아에 있는 NAPC는 CornerShot 화기 전술 장비를 시연하고 다른 무기 기술을 대표할 예정입니다.
NAPC는 사우디 아라비아로부터 37,000개의 CornerShot 유닛에 대한 의향서를 받았으며, 이는 3억 7천만 달러로 평가됩니다. 회사는 시연 후 새로운 확정 주문 계약이 예상됩니다. NAPC는 사우디 아라비아와 미국에서 CornerShot을 생산하고 판매할 수 있는 독점 권리를 보유하고 있으며, 단기 제조를 위한 생산 장비를 주문했습니다.
면허를 가진 탄약 중개인인 NAPC는 동맹국 및 NATO 군대에 대한 주문을 예상하고 있으며, 잠재적인 재고는 25억 달러 이상으로 평가되며 중개 수수료는 10-20%에 이를 것입니다.
NAPC Defense, Inc. (OTCPK: BLIS) a commencé un voyage d'affaires stratégique en Europe et en Arabie Saoudite. L'entreprise a rencontré des partenaires de contrats de défense en Allemagne et dans d'autres pays pour des fournitures de défense alliées. Maintenant en Arabie Saoudite, NAPC va démontrer les dispositifs tactiques d'armes CornerShot et représenter d'autres technologies d'armement.
NAPC a reçu une Lettre d'Intention de l'Arabie Saoudite pour 37 000 unités de CornerShot, d'une valeur de 370 millions de dollars. L'entreprise prévoit un nouvel Accord de Commande Définitif après les démonstrations. NAPC a des droits exclusifs pour produire et vendre CornerShot en Arabie Saoudite et aux États-Unis, avec du matériel de production commandé pour une fabrication à court terme.
En tant que courtier en munitions agréé, NAPC s'attend à des commandes pour les forces alliées et de l'OTAN, avec un potentiel d'inventaire évalué à plus de 2,5 milliards de dollars, générant des frais de courtage de 10 à 20%.
NAPC Defense, Inc. (OTCPK: BLIS) hat eine strategische Unternehmensreise nach Europa und Saudi-Arabien begonnen. Das Unternehmen traf sich mit Verteidigungsvertragspartnern in Deutschland und anderen Ländern über alliierte Verteidigungslieferungen. Jetzt in Saudi-Arabien wird NAPC die taktischen Waffenprodukte CornerShot vorführen und andere Waffentechnologien repräsentieren.
NAPC erhielt ein Absichtsschreiben aus Saudi-Arabien für 37.000 CornerShot-Einheiten im Wert von 370 Millionen Dollar. Das Unternehmen erwartet einen neuen endgültigen Bestellvertrag nach den Demonstrationen. NAPC hat exklusive Rechte zur Produktion und zum Verkauf von CornerShot in Saudi-Arabien und den USA, mit bestellten Produktionsanlagen für die kurzfristige Fertigung.
Als lizenzierter Munitionsbroker erwartet NAPC Aufträge für alliierte Kräfte und die NATO, mit einem potenziellen Inventar im Wert von über 2,5 Milliarden Dollar, was Vermittlungsgebühren von 10-20% ergeben könnte.
- Received LOI from Saudi Arabia for 37,000 CornerShot units worth $370 million
- Exclusive license to produce and sell CornerShot in Saudi Arabia and US
- Production equipment ordered for near-term manufacturing of CornerShot
- Potential for significant brokering fees (10-20%) on $2.5 billion inventory of munitions and military hardware
- No definitive order agreement yet for the Saudi Arabia CornerShot deal
- Large-scale production of CornerShot not yet begun
LARGO, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- NAPC Defense, Inc. (OTCPK: BLIS) (“NAPC”) announces that its representatives began its European and Saudi Arabian corporate trip. For the past two weeks, management met with defense contracting partners in Germany and other countries for strategic supply of needed defense items for Allied Countries.
The NAPC team is now in Saudi Arabia, upon invitation from the Saudi Government and related Ministries, and will perform numerous live-fire demonstrations of CornerShot firearm tactical devices. Additionally, NAPC Defense will be representing other arms and munitions technology for potential orders, as well as other related business as requested by parties from Saudi Arabia.
As previously announced, NAPC received a signed and stamped LOI from Saudi Arabia for an initial order of 37,000 units of the CornerShot, valued at (U.S.)
The CornerShot technology licensed from Silver Shadow of Israel will be manufactured by NAPC Defense in the United States near its Largo, Florida headquarters. All necessary production equipment has been ordered and paid for so that large scale production of the CornerShot can begin in the near-term. NAPC Defense has an exclusive license to produce and sell CornerShot for Saudi Arabia and The United States.
Recently, NAPC Defense displayed and presented the CornerShot at police and tactical unit conferences in Florida and New Jersey, with significant order interest. NAPC has also demonstrated CornerShot to several law enforcement and military units at its Largo, Florida location, utilizing its indoor smokeless demonstration range and real range use.
As previously disclosed, NAPC Defense is licensed and approved to broker munitions and military hardware already produced and in inventory at various locations worldwide. NAPC anticipates orders for different munitions and military hardware items that are of need to Allied and NATO forces for the Ukrainian conflict and the Middle East. The inventory of these items, if sold at currently offered fair value, totals over (U.S.)
About NAPC Defense, Inc.
NAPC Defense, Inc. https://www.napcdefense.com/ is an armament sales and production company, fully licensed in the United States, with exclusive rights to produce and sell CornerShot USA weapons systems in the U.S and Saudi Arabia, in addition to brokering arms and munitions throughout the world all with US State Department approval. Additional smaller weapons platforms, a series of ballistics protection technologies and related products are in development or being finalized for sale.
FORWARD LOOKING STATEMENTS:
This press release and the statements of representatives of NAPC. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information.
These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should,’ “believes," "expects," "anticipates,” “estimates," "intends," "plans, “ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, NAPC's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the SEC. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
COMPANY CONTACT:
Kenny West, CEO (754) 242-6272 Ext.713
FAQ
What is the value of the Letter of Intent NAPC Defense (BLIS) received from Saudi Arabia?
Where will NAPC Defense (BLIS) manufacture the CornerShot devices?
What percentage of brokering fees does NAPC Defense (BLIS) expect to realize on munitions and military hardware transactions?
In which countries does NAPC Defense (BLIS) have exclusive rights to produce and sell CornerShot?
