UAV Corp (UMAV) Working on Securing $1.5 Billion in Contracts and Announces Groundbreaking Partnership with Atlantic Industrial Group
UAV Corp (UMAV) reports a successful 2024 and announces strategic initiatives for 2025, including efforts to secure $1.5 billion in contracts and a new partnership with Atlantic Industrial Group (AIG). The collaboration integrates AIG's Vertical Take-Off and Landing (VTOL) technologies into Skyborne Technology's facilities in Gulf County, Florida.
The partnership involves AIG manufacturing advanced airframes at Skyborne's Wewahitchka facility using new Generation 3D printing systems. AIG brings 20 years of research data and proven vehicles like Verticopter, Converticopter, and Elytron, which have received NASA and Ames Laboratory certifications.
Additionally, UMAV's Board of Directors recently reduced the company's authorized share count and will consider further reductions in upcoming meetings, demonstrating commitment to optimizing capital structure and enhancing shareholder value.
UAV Corp (UMAV) riporta un successo nel 2024 e annuncia iniziative strategiche per il 2025, incluse le misure per garantire 1,5 miliardi di dollari in contratti e una nuova partnership con Atlantic Industrial Group (AIG). La collaborazione integra le tecnologie di decollo e atterraggio verticale (VTOL) di AIG nelle strutture di Skyborne Technology a Gulf County, Florida.
La partnership prevede che AIG produca fusoliere avanzate presso l'impianto di Wewahitchka di Skyborne utilizzando nuovi sistemi di stampa 3D di generazione. AIG porta con sé 20 anni di dati di ricerca e veicoli collaudati come Verticopter, Converticopter ed Elytron, che hanno ricevuto le certificazioni della NASA e dell'Ames Laboratory.
Inoltre, il Consiglio di Amministrazione di UMAV ha recentemente ridotto il numero di azioni autorizzate dell'azienda e prenderà in considerazione ulteriori riduzioni nei prossimi incontri, dimostrando un impegno per ottimizzare la struttura del capitale e migliorare il valore per gli azionisti.
UAV Corp (UMAV) informa sobre un exitoso 2024 y anuncia iniciativas estratégicas para el 2025, que incluyen esfuerzos para asegurar 1.5 mil millones de dólares en contratos y una nueva asociación con Atlantic Industrial Group (AIG). La colaboración integra las tecnologías de despegue y aterrizaje vertical (VTOL) de AIG en las instalaciones de Skyborne Technology en Gulf County, Florida.
La asociación implica que AIG fabrique estructuras avanzadas en la instalación de Wewahitchka de Skyborne utilizando nuevos sistemas de impresión 3D de generación. AIG aporta 20 años de datos de investigación y vehículos probados como Verticopter, Converticopter y Elytron, que han recibido certificaciones de la NASA y del Ames Laboratory.
Además, la Junta Directiva de UMAV ha reducido recientemente el número de acciones autorizadas de la compañía y considerará reducciones adicionales en las próximas reuniones, demostrando un compromiso por optimizar la estructura de capital y mejorar el valor para los accionistas.
UAV Corp (UMAV)는 2024년에 성공적으로 운영되었음을 보고하고 2025년을 위한 전략적 계획을 발표하며, 15억 달러의 계약 확보 및 Atlantic Industrial Group (AIG)와의 새로운 파트너십에 대한 노력을 포함합니다. 이 협력은 AIG의 수직 이착륙 및 착륙(VTOL) 기술을 플로리다주 Gulf County에 있는 Skyborne Technology의 시설에 통합합니다.
이 파트너십은 AIG가 새로운 3D 프린팅 시스템을 사용하여 Skyborne의 Wewahitchka 시설에서 고급 항공기 구조를 제조하는 내용을 포함합니다. AIG는 NASA 및 Ames Laboratory의 인증을 받은 Verticopter, Converticopter 및 Elytron과 같은 입증된 차량과 20년의 연구 데이터를 제공합니다.
또한, UMAV의 이사회는 최근 회사의 승인된 주식 수를 줄였으며 향후 회의에서 추가적인 감소를 고려할 것입니다. 이는 자본 구조를 최적화하고 주주 가치를 향상시키려는 의지를 보여줍니다.
UAV Corp (UMAV) fait état d'un exercice 2024 réussi et annonce des initiatives stratégiques pour 2025, y compris des efforts pour garantir 1,5 milliard de dollars de contrats et un nouveau partenariat avec Atlantic Industrial Group (AIG). La collaboration intègre les technologies de décollage et d'atterrissage verticaux (VTOL) d'AIG dans les installations de Skyborne Technology dans le comté de Gulf, en Floride.
Le partenariat implique qu'AIG fabrique des structures avancées dans l'usine de Skyborne à Wewahitchka en utilisant de nouveaux systèmes d'impression 3D de génération. AIG apporte 20 ans de données de recherche et des véhicules éprouvés tels que le Verticopter, le Converticopter et l'Elytron, qui ont reçu les certifications de la NASA et du Ames Laboratory.
De plus, le Conseil d'Administration d'UMAV a récemment réduit le nombre d'actions autorisées de l'entreprise et envisagera des réductions supplémentaires lors des prochaines réunions, démontrant un engagement à optimiser la structure du capital et à améliorer la valeur pour les actionnaires.
UAV Corp (UMAV) berichtet über ein erfolgreiches Jahr 2024 und kündigt strategische Initiativen für 2025 an, einschließlich der Bemühungen, 1,5 Milliarden Dollar an Verträgen zu sichern, sowie einer neuen Partnerschaft mit Atlantic Industrial Group (AIG). Die Zusammenarbeit integriert die Technologien für senkrechten Start und Landung (VTOL) von AIG in die Einrichtungen von Skyborne Technology im Gulf County, Florida.
Die Partnerschaft umfasst die Herstellung fortschrittlicher Flugzeugtriebwerke durch AIG in der Wewahitchka-Anlage von Skyborne unter Verwendung neuer 3D-Drucksysteme der Generation. AIG bringt 20 Jahre Forschungsdaten und bewährte Fahrzeuge wie Verticopter, Converticopter und Elytron mit, die die Zertifizierungen von NASA und Ames Laboratory erhalten haben.
Darüber hinaus hat der Vorstand von UMAV kürzlich die genehmigte Anzahl der Aktien des Unternehmens reduziert und wird in zukünftigen Sitzungen weitere Reduzierungen in Erwägung ziehen, um das Engagement zur Optimierung der Kapitalstruktur und zur Verbesserung des Shareholder-Werts zu demonstrieren.
- Pursuing $1.5 billion in potential contracts
- Strategic partnership with AIG for VTOL technology integration
- Access to 20 years of NASA-certified VTOL research and technology
- Reduction in authorized share count with potential further decreases
- None.
CEO Letter Published on OTCMarkets.com
WEWAHITCHKA-PORT ST JOE, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- UAV Corp (OTC: UMAV) had an outstanding 2024, marked by groundbreaking innovations, strategic alliances, and significant advancements in key markets. Looking to 2025 we’re focused on securing
Building on this momentum, UAV Corp is proud to announce a strategic partnership with Atlantic Industrial Group (AIG), integrating AIG’s newly acquired Vertical Take-Off and Landing (VTOL) technologies into Skyborne Technology’s cutting-edge facilities in Gulf County, Florida. This collaboration, supported by a licensing agreement, combines the strengths of both companies to develop next-generation VTOL systems.
Under the agreement, AIG will manufacture and develop its advanced airframes using Skyborne Technology’s manufacturing facility in Wewahitchka, Florida with future new Generation 3D printing systems and infrastructure. Concurrently, UAV Corp will advance its innovative platforms, ensuring seamless integration between AIG’s VTOL technologies and UAV Corp’s proprietary systems.
“This is an exciting step forward in UAV Corp’s mission to lead the aerospace industry with transformative technologies,” said Michael Lawson, CEO of UAV Corp. “Our collaboration with AIG enables us to leverage shared resources, including engineering expertise and advanced manufacturing capabilities. Together, we are creating a cohesive platform that will set new standards in VTOL innovation.”
AIG’s acquisition of VTOL technologies includes 20 years of research data, advanced airframes, and the renowned Verticopter, Converticopter, and Elytron vehicles, which have earned certificates of completion from NASA and Ames Laboratory. These technologies, combined with UAV Corp’s expertise, will produce the most maneuverable and efficient VTOL platforms on the market.
Engineers from both companies are working closely to integrate their respective systems, enabling interoperability and maximizing performance across platforms. This collaborative manufacturing approach will streamline production, ensure the highest quality standards, and accelerate the commercialization of these groundbreaking technologies.
In December 2024, the Board of Directors implemented a substantial reduction in the company’s authorized share count as part of its broader strategic objectives. Early next week, the Board will reconvene to deliberate on the potential for an additional reduction, underscoring its continued commitment to optimizing the company’s capital structure and acting in the best interests of its shareholders. This initiative reflects the company’s steadfast dedication to enhancing long-term shareholder value.
About UAV Corp/Skyborne Technology, Inc.
UAV Corp is a premier developer of manned and unmanned aerial vehicle technologies, specializing in highly maneuverable, lighter-than-air systems and cutting-edge aerial platforms. With decades of experience and innovation, UAV Corp is committed to delivering reliable, transformative solutions for commercial and government applications. For more information, visit www.uavcorp.net.
Michael Lawson, CEO
mlawson@uavcorp.net
About Atlantic Industrial Group (AIG)
Atlantic Industrial Group specializes in manufacturing and defense solutions, focusing on the acquisition and production of advanced airframe and subsurface vehicle designs. AIG’s technologies emphasize efficiency, scalability, and innovation, with applications across diverse industries. For more information, visit www.atlanticindustrialgroup.com.
Maceo Remy, CRO
mremy@atlanticindustrialgroup.com
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.
Contact:
Michael Lawson, CEO
mlawson@uavcorp.net
115 County Road 381
Wewahitchka, Florida 32465
FAQ
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