News UAV Global UAV to provide drone surveys to Ont. firm
Canada StockWatch3:55 PM (UTC-05:00) Eastern Time (US & Canada) Nov 08, 2018
Global UAV Technologies Ltd (CNSX:UAV)Shares Issued 136,755,634Last Close
11/5/2018 $0.035Monday November 05 2018 - News Release
Mr. Michael Burns reports
GLOBAL UAV SERVICES DIVISION SIGNS CONTRACT WITH MAJOR AGGREGATE PRODUCER
Global UAV Technologies Ltd.'s High Eye Aerial Imaging Inc. has recently
signed a multisite services contract to provide drone surveys with one of the
largest aggregate and building materials companies in Ontario, Canada.
The contract includes an initial scope of surveying 21 aggregate pits and
quarries across Central Ontario, in multiple locations, with the possibility
of future expansion of services. The surveys will provide the client with
valuable, highly accurate inventory volumes, enabling it to make more informed
decisions with respect to its business operations. Recurring inventory volume
surveys are a disruptive technology in the aggregate industry, as they deliver
a more accurate and economical solution than conventional survey methods.
"We are very pleased with the continued growth and scope of industrial
customers that High Eye is serving as clients. When we acquired High Eye, our
goal was to build a recognized brand that delivers professional,
industry-leading drone solutions and data to our customers, in addition to
securing and expanding our valuable clientele base. We are proud to deliver on
that vision and look forward to continued growth of High Eye Aerial into the
future," commented Michael Burns, chief executive officer of Global UAV
Technologies.
About Global UAV Technologies Ltd.
Global UAV Technologies is a diversified, vertically integrated drone technology company within the commercial unmanned aerial vehicle (UAV) sector. Through its wholly owned subsidiaries -- Pioneer Aerial Surveys Ltd., High Eye Aerial Imaging, UAV Regulatory Services Inc. and NOVAerial Robotics Inc. -- Global UAV Technologies provides a full spectrum of UAV-based services and products including drone research and development and manufacturing, flight services, and regulatory compliance. Global UAV Technologies will continue its growth through technology development, expanding the business of its current divisions and the continued evaluation of potential acquisitions.
About High Eye Aerial Imaging Inc.
High Eye Aerial Imaging is a wholly owned subsidiary of Global UAV
Technologies. As the remote sensing services division of Global UAV
Technologies, High Eye Aerial Imaging provides professional, industry-driven
drone survey solutions to a growing global client base. Implementing
cutting-edge sensor technology, such as the Phoenix Ranger LR lidar (light
detection and ranging) system, industrial drone technology and safety-focused
operating procedures, High Eye Aerial Imaging is quickly emerging as one of
the leading industrial drone services companies, both domestically and abroad.