PR Newswire FORT LAUDERDALE, FL, April 30, 2015 F
Post# of 11107
FORT LAUDERDALE, FL, April 30, 2015 /PRNewswire/ - Drone Services USA, Inc. (OTC: PVECD, the “Company”) is pleased to announce:
As a result of recent modifications to one of our platforms our Research & Development team confirms having perfected one of our payload system’s to carry and drop up to 150lbs, right on target. With speeds up to 30MPH, the capabilities of this system to carry such a heavy payload and actually drop on target are something of a rarity. “We are extremely excited about this accomplishment and realize this opens more doors than we would have imagined when we set out to perfect this system; the drone industry is moving at a lightning fast pace so the demands are ever changing. We plan to keep ahead of this pace.” Says Euan Ramsay, Director of Research & Development.
In Further News:
On April 28, 2015, after weeks of discussions and satisfying specific security related requirements, Drone Services USA, has been awarded a $6.25 million dollar contract for over 250 Drone units through a third party providing Small Unmanned Aircraft System (sUAS) equipment to various national and international government agencies.
“We couldn’t be happier…” Says Solomon Nieves, Director of Defense & Security Applications for Drone Services USA, Inc. “Consummating this deal not only allows us to plant our feet firmly in a specific market we have been aggressively pursuing, but this relationship opens the door to many other agencies requiring such equipment. This truly is an amazing opportunity for DSUSA.” Says Solomon.The Company will begin manufacturing its contract specific ProSearch XLF & ProCargo XLF units with IR-Distro (IRD) thermal cameras within the next two weeks. To assist the company with immediate large scale production and to ensure that no further increase will be necessary since the company intends to proceed with up-listing to the OTCQX as soon as possible, the authorized shares have been increased to 400,000,000.
“We do not anticipate there will be a need to utilize more than a small percentage of these shares since we are already manufacturing and generating revenues. However, for us to complete an order of this magnitude we must act strategically and swiftly. This will allow us to satisfy our customer’s demands and be postured to act as required when other contracts are sealed.” says Joel Bredow, President & CEO.
Further details & manufacturing progression will be released in the coming weeks.