DRONE AVIATION HOLDI (OTCMKTS:DRNE) confirmed that its wholly owned subsidiary firm, Drone Aviation Corp. obtained an order for aerostat related tools to support Blimp in a Box systems. It is owned and run by the U.S. Army. The list of equipment covers lighter than air helium based aerial assets. They will be used to support solider training and operations.
The product line
Drone Aviation’s subsidiary develops and manufactures the BiB and WASP aerostat product line. They use a secure and high strength tether line that is connected to the ground. The features enable them to function in the National Airspace as per FAA regulations. The systems are designed to offer semi-persistent, mobile “ISR” and extend communications for several applications.
The systems are well designed to deliver low cost, mobile ISR and communications for days, weeks and even months. The aerostats are currently applied in a number of DoD applications. They are also used by the Local and State Police and also by Department of Transportation where they deliver silent, cost effective night and day monitoring and mobile communications.
The expert view
Felicia Hess, the CEO of Drone Aviation said that they are proud to work closely with the key Government clients who utilize the company’s systems on an ongoing basis. They function in tough tactical environments and therefore, the company will push to improve the capabilities of both the systems. The team will work on long range wireless capabilities and new sensor packages to support the growing requirements.
Drone Aviation reported that it will showcase the new WATT-300 as well as WATT-200 tethered drones at the upcoming “AUVSI Unmanned Systems Conference and Tradeshow” to be held from May 4 to May 7, 2015. IN last trading session, the share price of DRNE jumped 9.27% to close the trading session at $0.317.