Uav Corp - UMAV STOCK NEWS

UAV Corp. (OTC: UMAV) has announced a landmark X Spaces teleconference scheduled for today at 5:00 PM EST, where CEO Michael Lawson will unveil several strategic breakthroughs. Key developments include:

• A Letter of Intent for up to $20+ million in funding to accelerate the company's hybrid airship-drone technology

• Retirement of 300 million shares and progress toward OTCQB uplisting to enhance shareholder value

• Showcase of the DART SA70-12 airship with long-endurance flight capabilities and advanced tether technology

• Introduction of a new leadership team of government and surveillance experts

• Upcoming open house events featuring live UAV demonstrations

The company is positioning itself to capitalize on the $242 billion UAV market by 2037, focusing on both government and commercial applications. Shareholders can join the teleconference via UAV Corp's official X account or through a link on uavcorp.net.

UAV Corp (OTC: UMAV) announces significant manufacturing advancements with Atlantic Industrial Group (AIG) joining their Florida facility next week. The facility will be equipped with production-line capable 3D printing technology and comprehensive capabilities including design, computational flow testing, vacuum panel formation, training facility, and ground-based control center.

The development aims at full-scale production of the T-Wing UAS, their next-generation unmanned aerial system combining VTOL with winged flight. AIG will lead pre-production efforts with a target completion date of May 1 for the airframe model. The company has already integrated the T-Wing flight simulator and is finalizing the flight control system.

The T-Wing UAS features high-aspect-ratio wing and AI-powered flight controls, designed for applications including agricultural monitoring, environmental research, aerial mapping, and BVLOS commercial deliveries.

UAV Corp. (UMAV) has announced a nationwide teleconference scheduled for February 25, 2025, at 5 PM EST via X Spaces to provide shareholders with key updates. The event will cover pending contracts, international expansion efforts, and share structure developments.

The company recently reduced its authorized shares to 500 million and secured a $20 million funding commitment. CEO Michael Lawson and the executive team will discuss recent international travels aimed at establishing strategic partnerships in emerging markets, focusing on aerospace and defense sectors.

Key topics include updates on current agreements, global expansion strategy, financial stability measures, and future growth plans. The teleconference will be accessible through UAV Corp.'s official X account, with a recording available afterward on the company's website.

UAV Corp. (OTC: UMAV) is expanding its presence in the global unmanned aerial vehicle market, which is projected to reach $58 billion by 2027. The company is implementing a multi-tiered strategy focusing on advanced R&D investments, government contract initiatives, commercial sector expansion, and strategic global partnerships.

Key developments include a strategic partnership with Atlantic Industrial Group, the launch of AI-driven Skyborne WAMI surveillance system, and efforts to secure $1.5 billion in contracts. The company is targeting both military and commercial applications, including border security, reconnaissance, infrastructure inspection, and agricultural monitoring.

UAV Corp. is positioning itself for potential uplisting to a major exchange and is developing AI-integrated UAV platforms for national security, commercial industries, and global surveillance initiatives.

UAV Corp (UMAV) has initiated land clearing at its wholly owned Costin Airport for the groundbreaking SKY Hangar project, scheduled to begin in Q1 2025. The state-of-the-art facility will be dedicated to housing advanced Spherical and Cylinder Class Drone-Airships, focusing on Lighter Than Air (LTA) Drone Technology.

The project's construction will be managed by Legacy Building Solutions for manufacturing and Winfield Construction as the general contractor. The facility will also serve as a hub for Atlantic Industrial Group (AIG), supporting SVTOL vehicle testing and pilot training programs in partnership with UAV Corp.

The project represents a significant milestone for UAV Corp, overcoming previous challenges including Hurricane Michael and the global pandemic, as the company positions itself at the forefront of aerial technology innovation.

UAV Corp. (OTC: UMAV) has announced two significant corporate developments: the retention of legal counsel to address legacy debt from the HTTI era and the successful reduction of authorized shares from 2 billion to 500 million. The share reduction is now officially reflected on OTC Markets, marking a strategic move to create a more transparent and sustainable corporate structure.

The company emphasizes that this reduction in authorized shares aims to minimize unnecessary dilution and maintain a clear path for future growth initiatives. Additionally, UMAV is collaborating with its Transfer Agent to provide regular share count updates, demonstrating its commitment to shareholder transparency and communication.

UAV Corp. (OTC: UMAV) has unveiled a groundbreaking AI-powered Wide Area Motion Imagery (WAMI) technology integrated with Skyborne platforms. This revolutionary surveillance system offers 24/7 persistent coverage with capabilities that surpass traditional satellite and aerial systems.

The Skyborne enhanced WAMI technology delivers 10x better resolution, 2x wider coverage, and 5x more operational user capability than competitors. It can record live video across a 24 km² area at 10 cm resolution, supporting up to 50 simultaneous live video streams with features like real-time playback and analysis.

Developed with over $250 million in DoD and commercial investments, this 100% U.S.-owned and ITAR-releasable technology is being presented to the administration as a solution for border security, offering AI-powered automated tracking and real-time threat detection capabilities.

UAV Corp (UMAV) has initiated its uplisting process from OTC to OTCQB marketplace, with plans to eventually list on NASDAQ. The company, specializing in unmanned aerial vehicles and airship technology, is currently advancing negotiations on major contracts worth $1.5 billion and has secured Letters of Intent totaling $105 million for its DART Series airships.

The company has partnered with Atlantic Industrial Group to integrate VTOL technologies into its UAV systems and plans to construct the 'SKY' hangar at Skyborne's Costin Airport for pilot training, testing, and production. Recent initiatives include reducing authorized shares and integrating AI-driven systems with hybrid hydrogen fuel propulsion. The company is also assembling the T-Wing drone in collaboration with the Economic Development Council and AIG engineers.

UAV Corp (OTC: UMAV) has secured Letters of Intent (LOIs) valued at $105 million for three DART Series airships. The company plans to break ground on the 'SKY' Hangar at Skyborne's Costin Airport in Q1 2025.

The DART Series Airship Version 2 features carbon fiber structures and advanced capabilities for applications including disaster relief, cargo transport, communications, and security. The company has partnered with Atlantic Industrial Group Inc. for drone integration, including T-Wing VTOL and MANTA units.

The upcoming DART SA70-12, launching in Q1 2025, will feature advanced station-keeping capabilities, detachable design, automated recovery systems, and hybrid hydrogen fuel cell propulsion systems. Initial launch delays are attributed to additional engineering requirements and capital needs for final integration.