UAV Corp (OTC: UMAV) Engages Legal Counsel to Initiate Uplisting Process with Ultimate Goal of NASDAQ Listing
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 (UMAV) ha avviato il processo di uplisting dal mercato OTC al mercato OTCQB, con piani per quotarsi eventualmente al NASDAQ. L'azienda, specializzata in veicoli aerei senza pilota e tecnologia dei dirigibili, sta attualmente portando avanti negoziati su contratti importanti del valore di 1,5 miliardi di dollari e ha ottenuto Lettere di Intenzione per un totale di 105 milioni di dollari per i suoi dirigibili della serie DART.
L'azienda ha collaborato con il Gruppo Industriale Atlantico per integrare tecnologie VTOL nei suoi sistemi UAV e intende costruire l'hangar 'SKY' presso l'Aeroporto Costin di Skyborne per la formazione dei piloti, i test e la produzione. Le recenti iniziative includono la riduzione delle azioni autorizzate e l'integrazione di sistemi guidati da AI con propulsione ibrida a idrogeno. L'azienda sta anche assemblando il drone T-Wing in collaborazione con il Consiglio per lo Sviluppo Economico e ingegneri di AIG.
UAV Corp (UMAV) ha iniciado su proceso de uplisting del mercado OTC al mercado OTCQB, con planes de eventualmente cotizar en NASDAQ. La empresa, especializada en vehículos aéreos no tripulados y tecnología de dirigibles, está avanzando en negociaciones sobre contratos importantes por un valor de 1.5 mil millones de dólares y ha asegurado Cartas de Intención por un total de 105 millones de dólares para sus dirigibles de la serie DART.
La empresa se ha asociado con Atlantic Industrial Group para integrar tecnologías VTOL en sus sistemas UAV y planea construir el hangar 'SKY' en el Aeropuerto Costin de Skyborne para la capacitación de pilotos, pruebas y producción. Las iniciativas recientes incluyen la reducción de acciones autorizadas e integración de sistemas impulsados por IA con propulsión híbrida de hidrógeno. La empresa también está ensamblando el dron T-Wing en colaboración con el Consejo de Desarrollo Económico y los ingenieros de AIG.
UAV Corp (UMAV)는 OTC에서 OTCQB 시장으로의 상장 과정을 시작했으며, 궁극적으로 NASDAQ에 상장할 계획입니다. 무인항공기 및 비행선 기술을 전문으로 하는 이 회사는 현재 15억 달러 규모의 주요 계약 협상을 진행 중이며, DART 시리즈 비행선에 대해 총 1억 500만 달러의 의향서를 확보했습니다.
회사는 Atlantic Industrial Group과 협력하여 UAV 시스템에 VTOL 기술을 통합하고, 비행사 교육, 시험 및 생산을 위한 'SKY' 헌거를 Skyborne의 Costin 공항에 건설할 계획입니다. 최근 이니셔티브에는 승인된 주식 수의 감소 및 하이브리드 수소 연료 추진 시스템과 인공지능 기반 시스템의 통합이 포함됩니다. 이 회사는 또한 경제 개발 위원회 및 AIG 엔지니어들과 협력하여 T-Wing 드론을 조립하고 있습니다.
UAV Corp (UMAV) a lancé son processus de passage du marché OTC au marché OTCQB, avec des projets de cotation éventuelle au NASDAQ. L'entreprise, spécialisée dans les véhicules aériens sans pilote et la technologie des dirigeables, avance actuellement dans des négociations concernant des contrats majeurs d'une valeur de 1,5 milliard de dollars et a sécurisé des lettres d'intention totalisant 105 millions de dollars pour ses dirigeables de la série DART.
L'entreprise s'est associée à Atlantic Industrial Group pour intégrer des technologies VTOL dans ses systèmes UAV et prévoit de construire le hangar 'SKY' à l'aéroport Costin de Skyborne pour la formation des pilotes, les tests et la production. Les initiatives récentes comprennent la réduction des actions autorisées et l'intégration de systèmes pilotés par l'IA avec une propulsion hybride à hydrogène. L'entreprise assemble également le drone T-Wing en collaboration avec le Conseil de Développement Économique et les ingénieurs de l'AIG.
UAV Corp (UMAV) hat den Prozess des Uplisting vom OTC-Markt zum OTCQB-Markt eingeleitet, mit dem Plan, eventually an der NASDAQ gelistet zu werden. Das Unternehmen, das auf unbemannte Luftfahrzeuge und Luftschifftechnologie spezialisiert ist, führt derzeit Verhandlungen über bedeutende Verträge im Wert von 1,5 Milliarden Dollar und hat Absichtserklärungen in Höhe von insgesamt 105 Millionen Dollar für seine DART-Serie-Luftschiffe gesichert.
Das Unternehmen hat sich mit der Atlantic Industrial Group zusammengetan, um VTOL-Technologien in seine UAV-Systeme zu integrieren und plant den Bau des 'SKY'-Hangars am Skyborne's Costin Airport zur Pilotenausbildung, Testung und Produktion. Zu den jüngsten Initiativen gehört die Reduzierung der genehmigten Aktien und die Integration von KI-gesteuerten Systemen mit Hybrid-Wasserstoffantrieb. Das Unternehmen stellt auch die T-Wing-Drohne in Zusammenarbeit mit dem Wirtschaftsentwicklungsausschuss und Ingenieuren von AIG zusammen.
- Advancing negotiations on contracts worth $1.5 billion
- Secured LOIs worth $105 million for DART Series airships
- Strategic partnership with Atlantic Industrial Group for VTOL integration
- Reduction of authorized shares to optimize capital structure
- Planned uplisting to OTCQB with future NASDAQ aspirations
- Current OTC listing status indicates lower tier market position
- LOIs are non-binding and may not convert to actual sales
Uplisting Strengthens Financial Positioning and Expansion
WEWAHITCHKA, Fla., Jan. 15, 2025 (GLOBE NEWSWIRE) -- UAV Corp. (OTC: UMAV), a leader in unmanned aerial vehicle (UAV) and airship technology, has retained legal counsel to begin its uplisting process to the OTCQB marketplace, with the ultimate objective of securing a NASDAQ listing. This move aligns with the company’s rapid expansion, rising government & commercial contract opportunities, and technological advancements in surveillance, defense, communications and many other vertical market applications.
With border security and aerial surveillance, a priority for the incoming U.S. administration and other friendly global governments, UAV Corp. is well-positioned to secure high-value defense/security contracts. The company’s DART Series airships and UAV platforms offer real-time reconnaissance, border patrol, and intelligence-gathering capabilities, making them ideal for government and commercial applications.
Strategic Growth & Recent Milestones
$1.5 Billion in Contracts: UAV Corp. is advancing negotiations on major government and commercial contracts, leveraging its DART SA70-12 and DART MA 600 airship platforms.$105M in Sales LOIs: potential global partners have signed Letters of Intent (LOIs) totaling over$105 million for UAV Corp.’s DART Series airships.- Partnership with Atlantic Industrial Group (AIG): UAV Corp. is integrating Vertical Take-Off and Landing (VTOL) technologies into its UAV systems to enhance defense and commercial capabilities.
- Expansion of Facilities: The company is preparing to break ground on the “SKY” hangar at Skyborne’s Costin Airport, furthering pilot training, UAV testing, and production.
NASDAQ Uplisting & Shareholder Value
As UAV Corp. advances its OTCQB uplisting and NASDAQ eligibility, it remains focused on financial growth and investor confidence. Recent initiatives include:
- Reduction of Authorized Shares to optimize capital structure.
- Integration of AI-driven drone systems and hybrid hydrogen fuel propulsion for enhanced sustainability and efficiency.
UAV Corp Advances Regional Innovation with T-Wing Drone Assembly
As part of its ongoing development initiatives, on Thursday, UAV Corp. is welcoming representatives from the Economic Development Council (EDC) and engineers from Atlantic Industrial Group (AIG) to its facilities. The visit focused on the assembly of the T-Wing drone, which arrived on Monday, fostering collaboration between economic stakeholders and engineering teams. This effort highlights UAV Corp.’s dedication to innovation and economic growth within the region, solidifying its position as a leader in aerospace manufacturing and development. A follow-up release will provide updates on the progress and outcomes of this initiative.
Looking Ahead
With strong momentum and increasing global demand for its UAV and airship solutions, UAV Corp. is positioned for significant growth in 2025 and beyond. The company’s DART Series airships, VTOL drone platforms, and surveillance technologies will play a key role in government defense initiatives and commercial expansion.
About UAV Corp.
UAV Corp. (OTC: UMAV) is a leading developer of manned and unmanned aerial vehicle (UAV) technology, specializing in national security, border surveillance, and aerospace solutions. With a focus on innovation and strategic partnerships, UAV Corp. is driving the future of high-performance, sustainable UAV systems. For more information about UMAV Corp and its innovative technologies, please visit www.uavcorp.net
Forward-Looking Statements:
This press release contains forward-looking statements regarding anticipated contracts, government partnerships, uplisting efforts, and financial projections. Actual results may vary due to risks and uncertainties. The company undertakes no obligation to update these statements except as required by law.
Michael Lawson-CEO
mlawson@uavcorp.net
UAV Corp.
877-425-1066
FAQ
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