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

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.

The presentations

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.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg,,, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.