UAV Corp Names David Dugas as President and Chief Operating Officer
UAV Corp (OTC: UMAV) has appointed David Dugas as President and Chief Operating Officer, effective immediately. Dugas, who previously served as COO and Director, brings extensive leadership experience in aerospace-adjacent sectors, energy, and chemical manufacturing.
The company is preparing for significant milestones, including the delivery of its first 8-foot T-Wing prototype in May/June 2025, marking its transition to full-scale production. Additionally, UAV Corp is preparing for the flight test of the DART Series Airship, which could unlock $525 million in signed LOIs and advance $1.5 billion in active contract negotiations.
The appointment comes as UAV Corp pursues strategic initiatives including an OTCQB uplisting, potential NASDAQ transition, and international expansion through partnerships like the MOU with Genetic Networks.
UAV Corp (OTC: UMAV) ha nominato David Dugas come Presidente e Chief Operating Officer, con effetto immediato. Dugas, che in precedenza ha ricoperto i ruoli di COO e Direttore, porta con sé una vasta esperienza di leadership nei settori aerospaziali correlati, dell'energia e della produzione chimica.
L'azienda si sta preparando per importanti traguardi, tra cui la consegna del suo primo protottipo T-Wing da 8 piedi prevista per maggio/giugno 2025, segnando il passaggio alla produzione su larga scala. Inoltre, UAV Corp si prepara al test di volo del dirigibile della serie DART, che potrebbe sbloccare 525 milioni di dollari in lettere di intenti firmate e far avanzare 1,5 miliardi di dollari in trattative contrattuali attive.
La nomina arriva mentre UAV Corp persegue iniziative strategiche tra cui la quotazione sull’OTCQB, una possibile transizione al NASDAQ e l’espansione internazionale attraverso partnership come il memorandum d’intesa con Genetic Networks.
UAV Corp (OTC: UMAV) ha nombrado a David Dugas como Presidente y Director de Operaciones, con efecto inmediato. Dugas, quien anteriormente se desempeñó como COO y Director, aporta una amplia experiencia en liderazgo en sectores relacionados con la aeroespacial, energía y fabricación química.
La compañía se está preparando para hitos importantes, incluyendo la entrega de su primer prototipo T-Wing de 8 pies en mayo/junio de 2025, marcando su transición a la producción a gran escala. Además, UAV Corp se prepara para la prueba de vuelo del dirigible de la serie DART, que podría desbloquear 525 millones de dólares en cartas de intención firmadas y avanzar en 1.5 mil millones de dólares en negociaciones contractuales activas.
El nombramiento se produce mientras UAV Corp persigue iniciativas estratégicas que incluyen una subida al OTCQB, una posible transición al NASDAQ y una expansión internacional a través de asociaciones como el memorando de entendimiento con Genetic Networks.
UAV Corp (OTC: UMAV)는 즉시 효력을 발휘하는 사장 겸 최고운영책임자(COO)로 데이비드 듀가스를 임명했습니다. 이전에 COO 및 이사로 근무한 듀가스는 항공우주 관련 분야, 에너지 및 화학 제조 분야에서 폭넓은 리더십 경험을 보유하고 있습니다.
회사는 2025년 5월/6월에 첫 번째 8피트 T-윙 프로토타입을 납품하며 본격적인 대량 생산으로 전환하는 중요한 이정표를 준비하고 있습니다. 또한 UAV Corp는 DART 시리즈 비행선의 비행 테스트를 준비 중이며, 이는 5억 2,500만 달러 규모의 서명된 의향서(LOI)를 활성화하고 15억 달러 규모의 활발한 계약 협상을 진전시킬 수 있습니다.
이번 임명은 UAV Corp가 OTCQB 상장 승격, 나스닥 이전 가능성, Genetic Networks와의 양해각서(MOU)와 같은 파트너십을 통한 국제적 확장 등 전략적 이니셔티브를 추진하는 가운데 이루어졌습니다.
UAV Corp (OTC : UMAV) a nommé David Dugas au poste de Président et Directeur des opérations, avec effet immédiat. Dugas, qui a précédemment occupé les fonctions de COO et de Directeur, apporte une vaste expérience en leadership dans les secteurs connexes de l'aérospatiale, de l'énergie et de la fabrication chimique.
L'entreprise se prépare à des étapes importantes, notamment la livraison de son premier prototype T-Wing de 8 pieds en mai/juin 2025, marquant sa transition vers la production à grande échelle. De plus, UAV Corp prépare le test en vol du dirigeable de la série DART, ce qui pourrait débloquer 525 millions de dollars en lettres d'intention signées et faire avancer 1,5 milliard de dollars en négociations contractuelles actives.
Cette nomination intervient alors que UAV Corp poursuit des initiatives stratégiques, notamment une montée en gamme vers l’OTCQB, une éventuelle transition vers le NASDAQ et une expansion internationale via des partenariats tels que le protocole d’accord avec Genetic Networks.
UAV Corp (OTC: UMAV) hat David Dugas mit sofortiger Wirkung zum Präsidenten und Chief Operating Officer ernannt. Dugas, der zuvor als COO und Direktor tätig war, bringt umfassende Führungserfahrung in den bereichsnahen Luft- und Raumfahrtsektoren, Energie und chemischer Produktion mit.
Das Unternehmen bereitet sich auf bedeutende Meilensteine vor, darunter die Auslieferung seines ersten 8-Fuß-T-Wing-Prototyps im Mai/Juni 2025, was den Übergang zur Serienproduktion markiert. Darüber hinaus bereitet UAV Corp den Flugtest des DART Series Luftschiffs vor, der 525 Millionen US-Dollar an unterzeichneten Absichtserklärungen freisetzen und 1,5 Milliarden US-Dollar an aktiven Vertragsverhandlungen voranbringen könnte.
Die Ernennung erfolgt, während UAV Corp strategische Initiativen verfolgt, darunter eine Aufstufung zum OTCQB, einen möglichen Übergang zum NASDAQ und eine internationale Expansion durch Partnerschaften wie das Memorandum of Understanding mit Genetic Networks.
- Significant potential revenue pipeline with $525M in LOIs and $1.5B in active negotiations
- Strategic uplisting plans from OTC to OTCQB and potential NASDAQ listing
- Imminent transition to full-scale production with T-Wing prototype delivery
- Expansion of international presence through strategic partnerships
- None.
Seasoned Executive to Lead Operational and Strategic Growth Initiatives
WEWAHITCHKA, Fla., April 17, 2025 (GLOBE NEWSWIRE) -- UAV Corp (OTC: UMAV), an emerging leader in dual-use aerospace and defense technology, is pleased to announce the appointment of David Dugas as President and Chief Operating Officer (COO), effective immediately.
Mr. Dugas has played a critical role as COO and Director at UAV Corp, bringing decades of leadership experience across aerospace-adjacent sectors, energy, and chemical manufacturing. As the founder of several successful companies—including Ultra Pure Water Manufacturing, ESP Resources, and ESP Enterprises—Mr. Dugas is known for driving operational scale, building high-performance teams, and delivering consistent shareholder value.
“David brings a rare combination of vision, technical acumen, and operational discipline,” said Michael Lawson, CEO of UAV Corp. “His expanded leadership role comes at a pivotal moment as we enter full-scale production, deepen our partnerships, and pursue uplisting and international expansion.”
UAV Corp is entering a critical phase of growth, marked by the upcoming delivery of its first 8-foot T-Wing prototype—a milestone that signals the transition into full-scale production, targeted for May/June 2025. Developed in collaboration with Atlantic Industrial Group, this next-generation UAV leverages advanced composites to enhance lift and range for both defense and commercial use. At the same time, preparations are underway for the pivotal flight test of the DART Series Airship, a catalyst for unlocking
As these initiatives move into execution, Mr. Dugas’ expanded leadership will ensure alignment across production, engineering, and compliance efforts. His operational oversight is especially timely as UAV Corp deepens its strategic footprint through its MOU with Genetic Networks and prepares to showcase its innovations on the global stage at forums such as GEMTECH in Saudi Arabia. Dugas will also help guide the company through its OTCQB uplisting process and position it for a potential NASDAQ transition, reinforcing his role as a central driver of UAV Corp’s growth and long-term vision.
About UAV Corp
UAV Corp (OTC: UMAV) is a leader in advanced aerial vehicle technologies, specializing in high-altitude airships and unmanned systems for defense, homeland security, and commercial applications. Through its subsidiary, Skyborne Technology, Inc., the company is shaping the future of aerospace from its headquarters in Gulf County, Florida.
Michael Lawson, CEO
mlawson@uavcorp.net | (877) 425-1066
115 County Road 381, Wewahitchka, FL 32465
www.uavcorp.net
About Atlantic Industrial Group (AIG)
AIG drives aerospace innovation with next-generation manufacturing and engineering solutions. Learn more at www.atlanticindustrialgroup.com or contact:
Maceo Remy, CRO
mremy@atlanticindustrialgroup.com
About Genetic Networks
Genetic Networks, a wholly owned subsidiary of Fifty 1 Labs, Inc. (OTC: FITY), accelerates drug discovery and compound development through its proprietary GeneScape™ platform. The company is dedicated to advancing health solutions through genetic science and strategic partnerships
Investor Relations
877-814-4188
ir@fifty1labs.com
Website: https://geneticnetworks.com/
Safe Harbor Statement:
The information provided in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Identifiable by words such as "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions, these statements may also be made in written or oral form in the company's filings with the U.S. Securities and Exchange Commission, OTC Markets, press releases, other written materials, or in oral statements made by its officers, directors, or employees to third parties. There can be no assurance that such statements will prove to be accurate. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Disclosure Statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the company's control. The company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise
FAQ
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