RENI - Resilient Energy Inc. Announces Final Negotiations With An International Aerospace Contractor

Rhea-AI Summary

Resilient Energy (RENI) announced final negotiations with an international aerospace contractor for its MMS 8000 aero computer systems. The MMS 8000, designed for rotary-wing aircraft, offers robust I/O systems, centralized sensor management, and x86-based high-performance computing with GPU acceleration. It targets law enforcement and aerospace clients for surveillance operations.

The product has garnered strong interest, and additional purchase orders are anticipated. CEO Jon Bianco highlighted the strategic market advantage gained from this customer. The global airborne surveillance market, valued at $6.8 billion in 2023, is projected to reach $9.2 billion by 2033.

RENI is pursuing an aggressive expansion campaign in 2024, aiming to create new revenue streams and increase its market presence.

Positive

• Final negotiations with an international aerospace contractor for MMS 8000 systems.
• The MMS 8000 system has strong interest and anticipated purchase orders.
• Strategic market advantage gained from new customer.
• Aggressive expansion campaign in 2024 to create new revenue streams.
• Global airborne surveillance market projected to grow from $6.8 billion in 2023 to $9.2 billion by 2033.

Negative

• No concrete financial data or figures provided regarding new contracts.
• Anticipated purchase orders are not guaranteed, posing a risk.
• Dependence on a single aerospace client could present a business risk if the relationship falters.

HOUSTON, May 15, 2024 /PRNewswire/ -- Resilient Energy, Inc. (OTC Markets: RENI) ("RENI" or "the Company") releases a market update announcing its final negotiations for additional Challenger Aerospace & Defense, Inc ("CADI") MMS 8000 systems for a key Aerospace Client. RENI anticipates a starting purchase order from this new customer.

During 2024, the company is pursuing an aggressive expansion campaign, which will continue to result in new revenue streams.

The recently launched MMS 8000 aero computer has garnered strong interest. CADI management anticipates additional purchase orders in the coming weeks for this groundbreaking system, which has been warmly received by its target Aerospace clients. This positive reception is expected to serve as a valuable reference point, opening doors to future sales.

Specifically designed for rotary-wing aircraft, the MMS 8000 system is a foundational asset for surveillance operations, catering to both law enforcement and aerospace clients. Its aero-computer technology, engineered for harsh environments, offers a robust I/O system, centralized sensor management, and x86-based high-performance computing with GPU acceleration. This ensures it can handle demanding defense and commercial applications.

Global security concerns, border threats, and territorial disputes have significantly increased the demand for airborne surveillance, making instantaneous situational awareness a top priority. CADI's aero-computer systems are at the cutting edge of avionics innovation, offering industry-leading hardware and software solutions. Their comprehensive portfolio includes advanced flight control, ground control, and communication systems, all seamlessly integrated with a cloud-based management platform.

Jon Bianco, CEO of Resilient Energy, Inc., expressed enthusiasm about this additional strategic customer: "Whether it's precision flight or streamlined data management, we empower aviation professionals with the tools they need for unparalleled performance and control. Our relationship with this important customer provides a strategic market advantage and will create tremendous outlets for our products."

The global airborne surveillance market was valued at $6.8 billion in 2023 and is projected to reach $9.2 billion by 2033, according to a research report by Spherical Insights & Consulting.
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About Resilient Energy, Inc.

Resilient Energy, Inc. (OTC: RENI) (www.resilientenergyinc.com) operates as an independent energy company with a strategic business plan centered on the acquisition, exploration, development, and production of North American conventional oil and gas properties. The company is committed to expanding its portfolio by acquiring businesses in manufacturing, technology, and other sectors to diversify its revenue streams, and leverage management's 30 years of experience, and reduce reliance on the volatile oil and gas markets. Resilient Energy distinguishes itself by offering a consistent deal flow and maintaining operational efficiency at low costs.

About Challenger Aerospace & Defense, Inc.

Challenger Aerospace & Defense, Inc. (CADI) is in Florida, and was established in 2009. Challenger Aerospace is a conglomerate of multiple companies focused on providing the best unmanned systems to our customers. These currently include Aero Computers, Challenger Precision Machine, Challenger Mission Systems, Challenger Flight Systems, Challenger Training and Support, Challenger Aerospace: Dragon Works Team, Challenger Marine Systems, and Challenger Ground Systems. All these companies serve a myriad of customers from their state-of-the-art facilities in the United States. Challenger serves a global consumer base consisting of private and commercial operators, government agencies, and national defense departments.

Contact Information:
Marc Pindus
President - Resilient Energy, Inc.
Resilient Energy, Inc. (OTC: RENI)
Phone: 713-742-2702
Web: https://resilientenergyinc.com/ 
Email: info@resilientenergyinc.com 

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Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and Resilient Energy, Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

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SOURCE Resilient Energy, Inc.

FAQ

What recent negotiations has RENI announced?

Resilient Energy announced final negotiations with an international aerospace contractor for its MMS 8000 aero computer systems.

What is the MMS 8000 system?

The MMS 8000 is an aero computer system designed for rotary-wing aircraft, offering robust I/O systems, centralized sensor management, and x86-based high-performance computing with GPU acceleration.

Who are the target clients for the MMS 8000?

The target clients for the MMS 8000 are law enforcement and aerospace clients involved in surveillance operations.

What strategic advantage does RENI gain from the new customer?

The new customer provides a strategic market advantage and opens significant outlets for RENI's products.

What is the projected growth of the global airborne surveillance market?

The global airborne surveillance market is projected to grow from $6.8 billion in 2023 to $9.2 billion by 2033.

What are RENI's plans for 2024?

RENI is pursuing an aggressive expansion campaign in 2024 aimed at creating new revenue streams.