Welcome to our dedicated page for Uav news (Ticker: UMAV), a resource for investors and traders seeking the latest updates and insights on Uav stock.
UMAV Corp (UMAV) drives innovation in unmanned aerial systems and advanced airship technology. This news hub delivers essential updates for tracking the company's strategic developments in aerospace solutions serving defense, security, and commercial markets.
Access curated press releases covering financial results, surveillance technology advancements, manufacturing partnerships, and governance updates. Investors will find timely reports on capital structure optimization, R&D milestones like AI-integrated drones, and strategic collaborations such as the Atlantic Industrial Group alliance.
Our repository simplifies tracking of UMAV's progress in lighter-than-air platforms and persistent surveillance systems. Bookmark this page for direct access to earnings announcements, product launch details, and operational updates from this leader in next-generation aerial solutions.
UAV Corp. (UMAV) has strategically reduced its authorized share count by 1.2 billion, lowering the total to 800 million. This move aims to optimize the capital structure, enhance shareholder value, and foster investor confidence. The reduction was approved by the Board of Directors and aligns with the company's goals of streamlining operations and positioning for future growth.
Additionally, UAV Corp. is advancing its growth through a joint venture with Atlantic Industrial Group Inc., leveraging 3D printing technologies to produce high-efficiency drones and lightweight airframe components. This initiative highlights UAV Corp.'s leadership in the UAV industry and commitment to innovation. The changes will be updated in the company’s amended articles of incorporation and all relevant corporate filings.
The reduction in authorized shares, along with recent milestones, underscores UAV Corp's focus on enhancing corporate governance and operational efficiency.
Skyborne Technology (UMAV) and Atlantic Industrial Group (AIG) announce a joint venture for manufacturing advanced UAVs and lighter-than-air vehicles at Skyborne's Wewahitchka, Florida facility. The partnership will utilize large-scale 3D printing for producing high-efficiency drone models (SVTOLs) and establish an in-house design center. The venture will operate at Skyborne's Costin Airport, where infrastructure development has been completed through federal and state grants. The facility will create high-paying jobs in drone fabrication, digital design, and business development. AIG will manufacture licensed technologies including VTOLs, energy generation, and propulsion systems for government contracts and private security applications.
Skyborne Technology, a subsidiary of UAV Corp (OTC Pink: UMAV), has announced the grand opening of its new office and hangar at its airport in Gulf County, Florida.
The facility will support advanced testing and flight operations for both manned and unmanned vehicles. The DART SA 70-12 airship, a versatile Lighter Than Air platform, will undergo a helium-lift check in June 2024, followed by FAA certification.
Skyborne Technology plans to host an open house in June and anticipates the construction of a 300-foot drone hangar, which will bolster regional economic growth. The new facility aims to enhance capabilities in disaster relief, communications, surveillance, and more.
UAV Corp's Skyborne Technology has received a building permit from Gulf County, Florida, to construct a new drone hangar, the largest in the state. The project benefits from $1,104,868 in grant funding for the necessary infrastructure. This 100-foot high and 300-foot long hangar is expected to be completed by the end of 2023 and will facilitate production for the DATT SMA 600 drone series. Winfield Construction has been appointed as the general contractor. The initiative aims to create jobs and expand services at Costin Airport.
UAV Corp's (OTC: UMAV) subsidiary, Skyborne Technology, will showcase the advanced MOSP3000-HD camera sensor on its Lighter Than Air Drone SA 70-12 this winter. This system, developed by Israel Aerospace Industries' TAMAM Division, aims to enhance disaster relief communication efforts in collaboration with the Triumph Fund and Gulf Coast College. CEO Michael Lawson expressed excitement about the partnership with Stark Aerospace, which facilitates global usage of the MOSP3000-HD. The company aims to leverage innovative technologies for improved drone performance, establishing a competitive edge in the sector.
UAV Corp (UMAV) has selected Winfield Construction as the General Contractor to build a new Lighter Than Air Drone Hangar in Port St. Joe, Florida, with final plans due by August 2022. This hangar, measuring 100 feet high and 300 feet long, represents a significant investment for UAV Corp, enhancing its capabilities in unmanned systems. Gulf County has allocated $1,034,000 in infrastructure funds for this development. The project aims to establish UAV Corp as a premier global player in the drone industry, allowing local manufacturing and testing operations.
UMAV has conducted the final inflation test for its lighter than air detachable drone, the LTATDD SA 70-12, from May 1-3, 2022. This test paves the way for the upcoming maiden flight, set for summer 2022, aimed at providing disaster relief communication support for first responders in Florida’s Great Northwest. The company emphasizes the innovative design and completion of critical components, positioning the drone as a potential game changer in aerospace. As UAV Corp moves forward, it seeks to harness advanced technology in communication and environmental solutions.
UAV Corp (OTC Pink: UMAV) announced the successful completion of the final inflation test for its Lighter Than Air Detachable Drone (LTATDD SA 70-12) as of May 1-3, 2022. This drone, dubbed New Moon, aims to serve as a communication hub for first responders during disaster relief efforts in Florida’s Great Northwest. CEO Michael Lawson expressed excitement about the upcoming maiden flight, set for summer 2022, highlighting significant design innovations that will set a new standard in drone technology.
UMAV Corp announces its Skyborne Technology is gearing up for flight tests of the Lighter Than Air Detachable Drone (LTATDD SA-70) following a successful FDOT inspection. The final inflation test is set for the week of May 1, 2022, with maiden flight tests anticipated in June 2022, pending FAA approval. A bid for $1,034,000 in infrastructure support is due by May 20, 2022, to enhance the Skyborne operations facility. Executives express optimism about technological investments and infrastructure improvements, highlighting the potential benefits for shareholders.
