JACKSONVILLE, FL--(Marketwired - Aug 7, 2014) - Drone Aviation Corp. ("DAC"), a wholly owned subsidiary of Drone Aviation Holding Corp. (OTCQB: DRNE), a developer of specialized tethered drones and lighter-than-air aerostats, today announced the delivery of its unique aerial photogrammetry package. The advanced optical package was delivered to a state agency for use in land management applications.
The custom designed aerial photogrammetry survey package is an aerial imaging system designed for DAC's compact, low cost lighter than air aerostat systems. Featuring a gimbaled high resolution digital camera, mounted to a small aerostat connected to a tether line controlled by a winch, the photogrammetry system can be utilized for various safety and civil applications including land surveying, land management and planning, and road construction and repair. The aerial photogrammetry system is also ideal for topographic research, archaeology, geology and global warming studies. The customized system includes all necessary equipment to launch, operate and recover the aerostat including various high resolution digital photography equipment.
Designed for public safety and civil purposes, DAC's commercial tethered systems are different from free flying drones due to the utilization of a secure, high strength tether line which remains connected to the ground. The DAC aerostat system is a cost effective solution that is able to safely operate in the National Airspace in compliance with FAA regulations. Military versions of the BiB and WASP aerostat systems are in use or under evaluation and testing by various Department of Defense customers intended to serve as an aerial platform for semi-persistent Intelligence, Surveillance and Reconnaissance ("ISR") applications as well as serving as a rapidly deployed extended communications solution for ground troops.
With the delivery of our specialized aerial imaging system, we continue to greatly expand the capabilities of our customers utilizing our aerostat product line," stated Felicia Hess, CEO of Drone Aviation Corp. "The combination of our cost-effective aerostats along with this advanced photogrammetry package creates many new civil and commercial opportunities for our clients in the areas of land management, agriculture and real estate, and we look forward to bringing this cost effective solution to new and existing customers."
About Drone Aviation Holding Corp.
Drone Aviation Holding Corp. (DRNE) provides critical aerial and land based surveillance and communications solutions to government and commercial customers. Utilizing a unique tethering capability, Drone systems operate in the National Airspace within FAA guidelines for safe operations. Drone systems are designed and developed in-house utilizing proprietary technologies and processes that result in compact, rapidly deployable aerostat solutions and mast based systems that have been proven to fulfill critical requirements by the military and law enforcement in the U.S. and to our allies around the world. For more information about Drone Aviation Holding Corp., please visit www.DroneAviationCorp.com, or view our reports and filings with the Securities and Exchange Commission on http://www.sec.gov.
Forward-Looking Statements
This press release contains certain forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements include those regarding Drone's relationship with the DOT and our ability to continue and/or expand such relationship, the results of any demonstrations of Drone's products, the suitability of the Drone aerostat systems or components for any particular application, the ability of the Drone aerostat systems or components to satisfy customer demands or requirements or meet any specific challenges, the ability of the Drone aerostat systems or components to function in accordance with their design expectations, the capabilities, characteristics and advantages of, and costs related to, the Drone aerostat systems or components as compared to any competitors, the further advancement, development or commercialization of any of Drone's products, the ability of Drone to secure further business with state agencies or other new customers or grow revenues, and the ability of Drone to execute on its strategies or to accomplish any of its goals or objectives. The words "forecast," "project," "intend," "expect," "plan, " "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. Important factors that may cause results and outcomes to differ materially from those contained in these forward-looking statements included in this press release are described in our publicly filed reports. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.