Valmie Resources Inc (OTCBB:VMRI) announced it achieved a major accomplishment as its “V-1 Drone prototype” successfully concluded its first flight. The unmanned aerial vehicle lifted off from the test location and thereafter the engineering team on the ground observed its progress and data stream. Gerald B. Hammack, the President and CEO said that he heartily congratulate the company’s development team for the V-1’s first flight. The management looks forward to launching best-in-class technology that will capture market share and increase shareholder value.
The assessment process
While in the air, Valmie’s crew conducted several evaluation procedures like testing the calibration of the controller, assessing handling features at a variety of speeds, and checking the statistics being analyzed by the installed data capturing system in flight.
Hammack further added that the highly awaited V-1 Drone has shown extraordinary performance and it marks the initiation of a rigorous flight test program. The coming phase of trials and test will be dedicated to evaluation of all operational systems and combining the proprietary AIMD Platform, which is in development stage.
Valmie intends to collaborate with “Monitoreo Especializado Agrícola de Jalisco S.A.” by offering its commercial drone technology for the firm’s crop monitoring activities in South and Central America. One of the company’s focus segments is agriculture. It is in the list of the most capable applications for UAV’s. The farm operators are looking for on-demand information on a frequent and continual basis.
The UAV technology that is already used in many parts of the world helps growers to efficiently monitor their fields. It also helps to manage crop development and mitigate crop stressors. V-1 Drone is being manufactured to be used with several imaging sensors. In last trading session, the stock price of VMRI dropped 2.87% to close the trading session at $3.08 on share volume of 96,191.