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UAV Corp Skyborne Technology Secures $105M in Sales Contract LOIs for Revolutionary Dart Series Airships

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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.

UAV Corp (OTC: UMAV) ha ottenuto Lettere di Intenti (LOIs) del valore di $105 milioni per tre dirigibili della serie DART. L'azienda prevede di dare inizio ai lavori per il Hangar 'SKY' presso l'aeroporto Costin di Skyborne nel primo trimestre del 2025.

Il dirigibile della serie DART Versione 2 presenta strutture in fibra di carbonio e capacità avanzate per applicazioni che includono soccorso in caso di disastri, trasporto merci, comunicazioni e sicurezza. L'azienda ha collaborato con Atlantic Industrial Group Inc. per l'integrazione dei droni, inclusi i sistemi T-Wing VTOL e MANTA.

Il prossimo DART SA70-12, in lancio nel primo trimestre del 2025, avrà capacità avanzate di mantenimento della posizione, design rimovibile, sistemi di recupero automatizzati e sistemi di propulsione ibrida a celle a combustibile a idrogeno. I ritardi iniziali nel lancio sono attribuiti a ulteriori requisiti ingegneristici e necessità di capitale per l'integrazione finale.

UAV Corp (OTC: UMAV) ha asegurado Cartas de Intención (LOIs) valoradas en $105 millones para tres dirigibles de la serie DART. La compañía planea comenzar la construcción del Hangar 'SKY' en el aeropuerto Costin de Skyborne en el primer trimestre de 2025.

El dirigible de la serie DART Versión 2 presenta estructuras de fibra de carbono y capacidades avanzadas para aplicaciones que incluyen ayuda en desastres, transporte de carga, comunicaciones y seguridad. La empresa ha formado una alianza con Atlantic Industrial Group Inc. para la integración de drones, incluyendo unidades T-Wing VTOL y MANTA.

El próximo DART SA70-12, que se lanzará en el primer trimestre de 2025, contará con capacidades avanzadas de mantenimiento de posición, diseño desmontable, sistemas de recuperación automatizados y sistemas de propulsión híbridos a base de pilas de combustible de hidrógeno. Los retrasos iniciales en el lanzamiento se atribuyen a requisitos de ingeniería adicionales y necesidades de capital para la integración final.

UAV Corp (OTC: UMAV)$105 백만 가치의 의향서(LOIs)를 세 개의 DART 시리즈 비행선에 대해 확보했습니다. 이 회사는 2025년 1분기 중 Skyborne 회사의 Costin 공항에 'SKY' 헹거 공사를 시작할 계획입니다.

DART 시리즈 비행선 버전 2는 탄소 섬유 구조와 재난 구호, 화물 운송, 통신 및 보안을 포함한 응용 분야를 위한 고급 기능을 제공합니다. 이 회사는 T-Wing VTOL 및 MANTA 유닛을 포함한 드론 통합을 위해 Atlantic Industrial Group Inc.와 파트너 관계를 맺었습니다.

오는 DART SA70-12는 2025년 1분기에 출시되어 고급 정지 유지 기능, 분리 가능한 디자인, 자동 복구 시스템 및 하이브리드 수소 연료 전지 추진 시스템을 갖출 예정입니다. 초기 론칭 지연은 추가 엔지니어링 요구 사항과 최종 통합을 위한 자본 필요에 기인합니다.

UAV Corp (OTC: UMAV) a obtenu des lettres d'intention (LOIs) d'une valeur de 105 millions de dollars pour trois dirigeables de la série DART. L'entreprise prévoit de commencer les travaux sur le hangar 'SKY' à l'aéroport Costin de Skyborne au premier trimestre 2025.

Le dirigeable de la série DART Version 2 présente des structures en fibre de carbone et des capacités avancées pour des applications telles que l'aide en cas de catastrophe, le transport de marchandises, les communications et la sécurité. L'entreprise s'est associée à Atlantic Industrial Group Inc. pour l'intégration de drones, y compris les unités T-Wing VTOL et MANTA.

Le prochain DART SA70-12, dont le lancement est prévu au premier trimestre 2025, disposera de capacités avancées de maintien de position, d'un design détachable, de systèmes de récupération automatisés et de systèmes de propulsion hybrides à hydrogène. Les retards de lancement initiaux sont attribués à des exigences d'ingénierie supplémentaires et aux besoins de capitaux pour l'intégration finale.

UAV Corp (OTC: UMAV) hat Absichtserklärungen (LOIs) im Wert von 105 Millionen Dollar für drei Luftschiffe der DART-Serie gesichert. Das Unternehmen plant, im ersten Quartal 2025 mit dem Bau der 'SKY'-Hangar am Costin Flughafen von Skyborne zu beginnen.

Das DART Series Luftschiff Version 2 verfügt über Kohlefaserstrukturen und fortschrittliche Fähigkeiten für Anwendungen wie Katastrophenhilfe, Frachtransport, Kommunikation und Sicherheit. Das Unternehmen hat sich mit der Atlantic Industrial Group Inc. zur Integration von Drohnen, einschließlich T-Wing VTOL und MANTA-Einheiten, zusammengetan.

Das kommende DART SA70-12, das im ersten Quartal 2025 auf den Markt kommt, wird über fortschrittliche Stationierungsfähigkeiten, abnehmbares Design, automatisierte Rückführungssysteme und hybride Wasserstoff-Brennstoffzellensysteme verfügen. Eingangsverzögerungen beim Start sind auf zusätzliche Ingenieuranforderungen und Kapitalbedarf für die endgültige Integration zurückzuführen.

Positive
  • Secured $105M in Letters of Intent (LOIs) for three DART Series airships
  • Partnership with Atlantic Industrial Group Inc. for drone integration
  • Development of advanced DART SA70-12 with innovative features and hybrid hydrogen fuel cell propulsion
  • New facility construction planned for Q1 2025
Negative
  • Delays in initial launch due to additional engineering requirements
  • Additional capital needed for final integration
  • LOIs are not binding contracts and may not materialize into actual sales

Company is scheduled to break ground on the “SKY” Hangar at Skyborne Technology’s Costin Airport in the first quarter of 2025

WEWAHITCHKA and PORT ST JOE, Fla., Jan. 13, 2025 (GLOBE NEWSWIRE) -- UAV Corp (OTC: UMAV), a leader in innovative manned and unmanned aerial vehicle (UAV) technologies is proud to share updates on its latest advancements in airship technology and its growing global presence. With several global contracts currently under negotiation, UAV Corp continues to position itself as a leader in sustainable aviation solutions. These agreements, represented by Letters of Intent (LOIs), outline additional contracts valued at a minimum of $105 million for a system of three DART Series (Detachable-Airship-Retractable Tether) airships.

UMAV-Skyborne Technology's DART MA 600 Airship with Atlantic Industrial Group T-Wing Drones in Flight Operations

UMAV/Skyborne Technology's DART MA 600 Airship with Atlantic Industrial Group T-Wing Drones in Flight Operations

As part of the execution of the contracts, representatives of countries will witness some of the flight tests which will potentially trigger significant down payments. Delays in the initial launch are due to additional engineering requirements such as new integration of advanced camera system(s), drone bay changes for AIG drone partner for MANTA and T-wing technologies, radar system and antennae systems followed by the additional required capital needed for final integration. (UAV Corp. (UMAV) Further Reduces Authorized Shares to 500) The company plans to leverage the SA70-12 as a pivotal sales tool to finalize global sales in the pipeline.

DART SA70-12 Semi-rigid Drone Aiship Integration

DART SA70-12 Semi-rigid Drone Aiship Integration

In addition to the airship agreements, UAV Corp is advancing its partnership with Atlantic Industrial Group Inc. for drone capabilities. Under the standard structure of this collaboration, the contract for the initial supply and manufacturing of drone units with the completed DART MA 600 for three airship/drone systems is valued at $105 million. Additionally, service contracts for training, operational support, and piloting are driven by objective parameters specific to each project.

The Dart Series Airship marks a significant breakthrough in aviation technology. Version 2 will feature a carbon fiber structure(s) and rigid and semi-frames while offering unparalleled durability and adaptability. This advanced engineering makes it an ideal solution for a wide range of applications, including disaster relief, cargo transport, communications, security, distance learning, advertising with new digital signage, and other critical operations that demand innovative aerial capabilities for commercial and government applications worldwide.

AIG will deliver under contracts units of one or both units:

  • T-Wing VTOL three wing unit
  • MANTA center frame propulsion VTOL high altitude, advanced maneuverable unit
  • Advanced AI driven co pilot
  • Customizable payloads
  • Advanced lightweight materials
  • Turnkey service and pilot operations

Set to launch in the first quarter of 2025, the DART SA70-12 expands the DART Series portfolio, addressing key deficiencies in lighter-than-air (LTA) platforms and enhancing the versatility of unmanned aerial vehicles. This semi-rigid airship introduces groundbreaking features such as:

  • Advanced station-keeping capabilities
  • Detachable airship design
  • In-flight auto tether release
  • Manned or Unmanned Operational Modes
  • Automated recovery systems
  • Reverse ballonet design
  • Amphibious landing capability
  • Drone launch and recovery systems

Additionally, the DART SA70-12 will be testing hybrid hydrogen fuel cell propulsion systems, enabling high-altitude operations with a focus on sustainability and efficiency. This cutting-edge feature positions the airship as a transformative solution for a range of global applications.

To support the production, testing, and deployment of these advanced airship systems, UAV Corp is currently scheduled to break ground on the “SKY” Hangar at Skyborne’s Costin Airport in the first quarter of 2025. This state-of-the-art facility, developed in partnership with Legacy Building Solutions and Atlantic Industrial Group, will serve as a hub for pilot training, manufacturing, and operational testing. It underscores UAV Corp’s commitment to meeting the demands of its global contracts while advancing the future of aerospace innovation.

UAV SKYBORNE & AIG Commercial

https://www.youtube.com/watch?v=uevuPAwaOa4

UAV Corp is poised to transform strong market interest into substantial contracts, with additional orders expected to exceed hundreds of millions of dollars. This growth reflects the exceptional demand for DART Series Airships and their proven capability to address critical global challenges through innovative and sustainable solutions.

Further updates on the progress of these contracts, test flights, and facility development will be provided as milestones are achieved.

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. For more information about UMAV Corp and its innovative technologies, please visit www.uavcorp.net.

About Atlantic Industrial Group Inc.
Atlantic Industrial Group is a manufacturing holding company which specializes in acquiring, licensing and manufacturing existing, underutilized technologies for energy, industry and defense. Recently having structured a manufacturing agreement with UAV Corp/SKyborne Technology, Inc. and acquired Elytron Aircraft and Garrow Aircraft for an undisclosed amount of equity and debt. AIG focuses on products which are highly manufacturable, scalable through distributed production, incorporating Artificial Intelligence in design and operations and creating dominance in air and ground operations. 

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain “forward-looking statements” under applicable U.S. securities legislation. Forward-looking statements are based on estimates and assumptions that, while considered reasonable, are subject to risks, uncertainties, and other factors which may cause actual results to differ materially. The Company disclaims any intention or obligation to update forward-looking statements, except as required by law.
Contact:

Contact:

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

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/be948317-32fe-4947-8d73-ad02326b1844
https://www.globenewswire.com/NewsRoom/AttachmentNg/519868eb-14ea-426e-bf43-d5863d98641a

A video accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/fa8f25ea-dd8d-4af8-8294-84f85375a136


FAQ

What is the value of UAV Corp's (UMAV) recent Letters of Intent for DART Series airships?

UAV Corp has secured Letters of Intent valued at $105 million for a system of three DART Series airships.

When will UAV Corp (UMAV) break ground on the new SKY Hangar facility?

UAV Corp is scheduled to break ground on the SKY Hangar at Skyborne's Costin Airport in the first quarter of 2025.

What are the key features of UAV Corp's (UMAV) DART SA70-12 airship?

The DART SA70-12 features advanced station-keeping capabilities, detachable airship design, automated recovery systems, and hybrid hydrogen fuel cell propulsion systems.

What caused the delays in UAV Corp's (UMAV) initial DART Series launch?

Delays were caused by additional engineering requirements, including new camera system integration, drone bay changes, radar system updates, and the need for additional capital for final integration.

What applications are targeted for UAV Corp's (UMAV) DART Series airships?

The DART Series airships are designed for disaster relief, cargo transport, communications, security, distance learning, advertising, and other commercial and government applications.

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