Global UAV Technologies Ltd. (CSE: UAV, OTC: YRLLF, FSE: YAB2) (the “Company” or “Global UAV”) is pleased to announce that its wholly owned subsidiary NOVAerial Robotics has moved into a new, expanded production and manufacturing facility. The new 1,700 square foot NOVAerial headquarters is now near Ottawa, Ontario and will provide room for production, research and development and furthermore provides better access to gain employees from the high-tech labor force in Ottawa.
In addition, NOVAerial recently began developing and producing two new Unmanned Aerial Vehicle (“UAV”) models to meet consumer demand in North and South America. The new UAV types include a weather proof multirotor UAV, and a heavy lift – high altitude single rotor helicopter named the Procyon 900E.
The company has already received orders for both new models.
“The large new facility signifies the expansion of NOVAerial, and will allow it to continue to meet the demand of their growing customer and user base. With the introduction of two new UAV models to the lineup, NOVAerial is broadening their reach into the professional consumer market with UAV types and sizes that have been in high demand. The new systems offer payload, range and endurance capacities for airborne survey providers with high value payload sensors, as well as drone delivery service providers.” Stated Michael Burns, CEO, Global UAV Technologies Ltd.
About Global UAV Technologies Ltd.:
With its growing technical expertise and expanding reach globally, Global UAV Technologies is the leader within the commercial Unmanned Aerial Vehicle (“UAV”) sector. Through its wholly owned subsidiaries – Pioneer Aerial Surveys, High Eye Aerial Imaging, UAV Regulatory Services, and NOVAerial Robotics – Global UAV Technologies provides a full spectrum of UAV-based services and products. These opportunities include production and research and design of professional grade UAV’s, geophysics and remote sensing survey services, and regulatory consulting and management.
Global UAV Technologies will continue its growth through expanding the business of its current subsidiaries and the continued evaluation of potential acquisitions with the goal of creating a consortium of businesses that, when fully integrated, will cover all aspects of the UAV industry.
On behalf of the Board of Directors,
CEO & Director
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Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in public markets, service industries, manufacturing and the UAV Sector. As a result, actual results may vary materially from those described in the forward-looking statements.