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Global UAV Technologies Ltd C.UAV

Alternate Symbol(s):  YRLLF

Global UAV Technologies Ltd. is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (UAV) sector. The Company, through its wholly owned subsidiaries, provides a full range of UAV-based services and products, including production, research and design of professional grade UAV’s, geophysics and remote sensing survey services, and regulatory consulting and management. The Company's subsidiaries include Pioneer Aerial Surveys Ltd., High Eye Aerial Imaging In., UAV Regulatory Services Ltd, and NOVAerial Robotics Ltd.


CSE:UAV - Post by User

Comment by Newbie278on Apr 03, 2018 9:07am
97 Views
Post# 27819379

RE:RE:RE:RE:Financials out

RE:RE:RE:RE:Financials outI feel better now after reading this :) Michael Burns, CEO and Director of Global UAV stated: These revenue numbers are very significant for Global UAV. They only represent approximately two full operating months of our services division due to the Christmas holiday season. Further, the financials prove that our services can generate substantial revenue year-round. Traditionally, many UAV service companies that focus on remote sensing and photogrammetry products have limited work streams over the winter months. Global UAV was able to maintain its revenues through adverse weather-conditions due in large part to the high-level experience and operational abilities of our field crews and UAV products. We also successfully completed our first night-flight survey operations which are critical in maintaining productivity during the shorter daylight hours of northern winters. As our international markets continue to expand, we look forward to increasing our winter-month revenues in 2018.
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