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Skyborne Technology, Inc., a UAV Corp Company (UMAV) and Atlantic Industrial Group Inc. (AIG) Announce AI Manufacturing JV for VTOL & Lighter than Air Vehicles

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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 (UMAV) e Atlantic Industrial Group (AIG) annunciano una joint venture per la produzione di UAV avanzati e veicoli più leggeri dell'aria presso la struttura di Skyborne a Wewahitchka, Florida. La partnership utilizzerà la stampa 3D su larga scala per produrre modelli di droni ad alta efficienza (SVTOLs) e stabilirà un centro di design interno. L'iniziativa opererà presso l'aeroporto di Costin, dove sono stati completati i lavori di sviluppo delle infrastrutture tramite sovvenzioni federali e statali. La struttura creerà posti di lavoro ben retribuiti nella fabbricazione di droni, design digitale e sviluppo commerciale. AIG produrrà tecnologie con licenza, tra cui VTOLs, generazione di energia e sistemi di propulsione per contratti governativi e applicazioni di sicurezza privata.

Skyborne Technology (UMAV) y Atlantic Industrial Group (AIG) anuncian una empresa conjunta para la fabricación de UAV avanzados y vehículos más ligeros que el aire en las instalaciones de Skyborne en Wewahitchka, Florida. La asociación utilizará impresión 3D a gran escala para producir modelos de drones de alta eficiencia (SVTOLs) y establecerá un centro de diseño interno. La empresa operará en el Aeropuerto Costin de Skyborne, donde se ha completado el desarrollo de infraestructura a través de subvenciones federales y estatales. La instalación creará empleos bien remunerados en la fabricación de drones, diseño digital y desarrollo comercial. AIG fabricará tecnologías licenciadas, incluyendo VTOLs, generación de energía y sistemas de propulsión para contratos gubernamentales y aplicaciones de seguridad privada.

Skyborne Technology (UMAV)Atlantic Industrial Group (AIG)는 플로리다 주 웨와히치카에 있는 Skyborne 시설에서 고급 UAV 및 공기보다 가벼운 차량을 제조하기 위한 합작 회사를 발표했습니다. 이 파트너십은 고효율 드론 모델(SVTOL)을 생산하기 위해 대규모 3D 프린팅을 활용하고 내부 디자인 센터를 설립할 예정입니다. 이 사업은 Skyborne의 코스틴 공항에서 운영되며, 여기서는 연방 및 주 보조금을 통해 인프라 개발이 완료되었습니다. 이 시설은 드론 제작, 디지털 디자인 및 비즈니스 개발에서 높은 급여의 일자리를 창출할 것입니다. AIG는 정부 계약 및 민간 보안 응용 프로그램을 위한 VTOL, 에너지 생성 및 추진 시스템 등 라이센스 기술을 제조할 것입니다.

Skyborne Technology (UMAV) et Atlantic Industrial Group (AIG) annoncent une coentreprise pour la fabrication de drones avancés et de véhicules plus légers que l'air dans les installations de Skyborne à Wewahitchka, en Floride. Le partenariat utilisera l'impression 3D à grande échelle pour produire des modèles de drones à haute efficacité (SVTOL) et établira un centre de conception interne. La coentreprise fonctionnera à l'aéroport de Costin de Skyborne, où le développement des infrastructures a été achevé grâce à des subventions fédérales et étatiques. L'installation créera des emplois bien rémunérés dans la fabrication de drones, la conception numérique et le développement commercial. AIG fabriquera des technologies sous licence, y compris des VTOL, des systèmes de génération d'énergie et de propulsion pour des contrats gouvernementaux et des applications de sécurité privée.

Skyborne Technology (UMAV) und Atlantic Industrial Group (AIG) kündigen ein Joint Venture zur Herstellung fortschrittlicher UAVs und leichter-als-Luft-Fahrzeuge in der Einrichtung von Skyborne in Wewahitchka, Florida, an. Die Partnerschaft wird großangelegte 3D-Drucktechniken nutzen, um hocheffiziente Drohnenmodelle (SVTOLs) herzustellen, und ein internes Designzentrum etablieren. Das Unternehmen wird am Costin Airport von Skyborne betrieben, wo die Infrastrukturentwicklung durch Bundes- und Landeszuschüsse abgeschlossen wurde. Die Einrichtung wird gut bezahlte Arbeitsplätze in der Drohnenfertigung, im digitalen Design und in der Geschäftsentwicklung schaffen. AIG wird lizensierte Technologien wie VTOLs, Energieerzeugung und Antriebssysteme für Regierungsverträge und private Sicherheitsanwendungen herstellen.

Positive
  • Infrastructure development at Costin Airport completed through federal and state grants
  • Creation of high-paying jobs in drone manufacturing and design
  • Manufacturing capabilities expansion through joint venture
  • Access to government contracts and private security market
Negative
  • None.

Skyborne’s Costin Airport Grant Infrastructure Project Has Been Completed for The Near Future Build of New Hangar

  • Cutting-Edge Manufacturing: AIG will produce high-efficiency drone models (SVTOLs) at Skyborne’s facility, leveraging innovative manufacturing techniques like large-scale 3D printing for airframe parts, wing structures, and cockpits
  • Focus on Design and Innovation: An in-house design center will specialize in creating airships and drones using lightweight materials for superior performance
  • Ongoing Projects: Skyborne will continue the development of its low-altitude semi-rigid spherical airship at the Wewahitchka location
  • Costin Airport Operations: Both companies will utilize Skyborne’s Costin Airport for flight operations, supported by new infrastructure (airport road, water/sewer and power) which was funded by federal and state grants. A future hangar facility will house completed aircraft and airships
  • AIG's Technology Integration: AIG will integrate its custom drones with Skyborne’s lighter-than-air platforms, enhancing functionality for diverse applications
  • Economic Impact: The Wewahitchka facility will create high-paying jobs, including drone fabrication, digital design, and business development roles, to meet growing market demands.
  • Government and Security Focus: AIG will manufacture licensed technologies, including VTOLs, energy generation systems, and propulsion systems, for government contracts and private security applications.

GULF COUNTY, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Skyborne Technology, a UAV Corp Company (OTC: UMAV), and Atlantic Industrial Group Inc. (AIG) are proud to announce a joint venture to build cutting-edge manufacturing capability at Skyborne’s Wewahitchka, Florida facility. AIG will manufacture multiple high efficiency drone models (SVTOLs) at this location. This facility will set up an in-house design center for airships and drones using large-scale 3d printers to manufacture lightweight airframe parts, wing structures, cockpits, and others.

AIG T-Wing™ VTOL reconnaissance unit

Skyborne will continue building the low altitude semi-rigid spherical airships in Wewahitchka, Gulf County. Both companies will utilize Skyborne’s Costin airport for flight operations and house the completed aircraft/airships in a new future hangar facility. The infrastructure for the Costin airport has now been completed under a Grant program funded by the Federal Economic Development Administration and the Florida Department of Commerce.

Skyborne's Costin Airport with newly completed infrastructure for new hangar build

Mid altitude Skyborne LTA & AIG T-Wing™

Skyborne Lighter than Air vehicle & T-Wing™ with MANTA™

AIG will create custom integrations of AIG drones into STI lighter-than-air platforms. The factory (Wewahitchka) will hire high-paying drone fabrication workers, digital design personnel, and business development professionals to support the rapidly growing demand for its advanced technologies. AIG currently holds several technology licenses that it plans to manufacture for government contracts and private security needs. These include VTOLs (Vertical Takeoff and Landing), energy generation, and propulsion.

"We are thrilled to partner with Skyborne Technology to bring our advanced UAV and SVTOL technologies to the next level," said AIG's CRO Maceo Remy. "This venture will not only create new job opportunities in the region but also help us meet the growing demand for our cutting-edge technologies."

Jim McKnight, Gulf County Economic Development Director, commented, “We are truly excited by the UAV/Skyborne and Atlantic Industrial Group, Inc. partnership and its potential to create aerospace manufacturing jobs at the Gulf County Industrial Park in Wewahitchka and the Costin Airport.in Port St. Joe. Florida. The partnership will diversify our economic base, create high-paying jobs, and increase our role in the rapidly growing Northwest Florida aerospace industry.”

"We believe this partnership will revolutionize the UAV industry by combining our expertise in lighter-than-air vehicles with AIG's efficient manufacturing models for their UAV/VTOL drones," said Skyborne's CEO/Michael Lawson. "We look forward to collaborating with AIG to create new technologies that will benefit both the government and civilian sectors worldwide."

About Atlantic Industrial Group

Atlantic Industrial Group Inc. (AIG) is a manufacturing and holding company that licenses existing, underutilized advanced technology solutions. It specializes in VTOLs, energy generation, propulsion, and UAVs. With a focus on innovation and excellence, AIG has established itself as a trusted partner for government and private sector clients.

About UAV Corp/Skyborne Technology, Inc.

UAV Corp is a premier developer of manned and unmanned aerial vehicle technology. With decades of experience specializing in highly maneuverable lighter-than-air technologies for commercial and government solutions, UAV Corp focuses on innovation and reliability. It provides cutting-edge platforms that enhance operational capabilities across various sectors.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This news release includes certain "forward-looking statements" under applicable US securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals, where applicable and the state of the capital markets. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

For more information, please contact:

Maceo Remy CRO
mremy@atlanticindustrialgroup.com
www.atlanticindustrialgroup.com
Atlantic Industrial Group Inc.
30 N Gould St Ste N
Sheridan, WY 82801

Michael Lawson CEO
mlawson@uavcorp.net
115 County Road 381
Wewahitchka, Florida 32465

Jim McKnight, Executive Director
jmcknight@gulfcounty-fl.gov
Gulf County Economic Development Coalition
1000 Cecil Costin Sr. Blvd, Rm.136
Port St. Joe Fl. 32456

Photos accompanying this announcement are available at: 

https://www.globenewswire.com/NewsRoom/AttachmentNg/f6f655fb-2a97-45a5-92dc-3f04f821157b

https://www.globenewswire.com/NewsRoom/AttachmentNg/8e6f6f7e-8fce-4ab8-8b7c-10f7e099c23f

https://www.globenewswire.com/NewsRoom/AttachmentNg/a44591a3-2cb8-4ab3-9ba2-27467038fb52

https://www.globenewswire.com/NewsRoom/AttachmentNg/5f2ec000-6dc0-4983-9742-bcd70c09fe3f


FAQ

What is the purpose of the joint venture between Skyborne Technology (UMAV) and Atlantic Industrial Group?

The joint venture aims to build cutting-edge manufacturing capability for UAVs and lighter-than-air vehicles at Skyborne's Wewahitchka facility, utilizing large-scale 3D printing and establishing an in-house design center.

What infrastructure improvements were completed at UMAV's Costin Airport?

The infrastructure improvements at Costin Airport, funded by federal and state grants, include new airport road, water/sewer, and power systems to support future hangar facilities.

What types of products will be manufactured at the UMAV-AIG joint venture facility?

The facility will manufacture high-efficiency drone models (SVTOLs), airships, VTOLs, energy generation systems, and propulsion systems for government and private security applications.

What employment opportunities will the UMAV-AIG joint venture create?

The venture will create high-paying jobs in drone fabrication, digital design, and business development at the Wewahitchka facility.

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