|By Marketwired .||
|August 25, 2014 09:28 AM EDT||
JACKSONVILLE, FL -- (Marketwired) -- 08/25/14 -- 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 specialized surveillance equipment to support the U.S. Army Rapid Equipping Force (REF). The advanced optics systems will be utilized for official Government use.
"Drone Aviation is honored to have been selected again to provide our government customers with specialized equipment to support their surveillance objectives," stated Felicia Hess, CEO of Drone Holding Aviation Corp. "Our systems leverage aerostat technology to elevate military payloads and provide network communications, intelligence, surveillance and reconnaissance. Going forward, we remain focused on expanding our client relationships with both our military and civilian customers as we continue to build confidence in our capabilities through additional deliveries of both specialized components and our complete systems."
Drone Aviation Corp. has previously supplied the REF with aerial based systems including lighter than air based systems as well as components to support various objectives of the REF. DAC systems are controlled via a mobile, self-contained launcher operated by Soldiers possessing common soldier skills.
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.
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 strategic relationships 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 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.
Drone Aviation Holding Corp.