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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

Post by odzie1on May 17, 2018 11:51am
173 Views
Post# 28046061

closing of AIR purchase

closing of AIR purchaseI am glad that the share issuance has been clarified. Looks like its going to be 12 million shares for AIR at .10 and 600,000 cash for the 1.8 million purchase price. Nice to also see the new contracts that AIR will bring to UAV. Also nice to see the UAV is now going to be the leader in the field of geophysical imaging for the mining industry using drone technology.

They have found a niche in the drone industry that they can take advantage of and grow and be a world leader in. NovaAerial as the provider of the drones for this field will also see increased production demands as the company grows. Being a world leader is more than one can say about FLT and DVR as they are nowhere near to making such a statement. UAV is turning into a real revenue generating company as opposed to an experiment. 
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