New Here ? – DSUS DD – Updated September 12:
Post# of 11107
Drone Services USA Inc (ticker DSUS) is a brand-new company which announced its formation on April 29, 2015 through a FINRA approved reverse merger with PV Enterprises International - a cruise / shipping company that had been defunct for some time on the OTC pink sheets at no bid. Initially it traded as PVECD then had a ticker change to DSUS.
DSUS is a state-of the-art Unmanned Aerial Vehicle (UAV) [“drone”] company. There is no connection to the previous company PVEC in terms of area of business, offices, products, or board members. Bios of all the board members can be found on the company website – a number are military veterans and a number already run successful companies in the drone or associated industries which are now partners with DSUS.
The CEO is Joel Bredow – who is also the CEO of IRDistro which offers class leading thermal imaging cameras.
The Director of R&D is Euan Ramsay – he has his own company Performance UAV and resides in Switzerland giving DSUS a foothold in Europe. He has developed a number of drone operational features and/ accessories which give DSUS a proprietary edge. A number of patents are pending and trademarks have been granted. Details of these can be found in DSUS PRs and Twitter announcements.
DSUS holds Conference Calls (CC) for vetted, legitimate shareholders only.
During the 1st CC on June 4, 2015, the following key points emerged:
Both the ProSearch and ProCargo products are better engineered than the majority of other small drones as they have been specifically designed for day-in / day-out military or commercial / industrial use (eg pipeline inspections, wind farm inspections, search & rescue etc) rather than for amateur or low-intensity / light use, and this is reflected in the higher cost .This separates the DSUS products from the majority of others for those customers that require a higher specification.
The proprietary thermal imaging camera produced by partner IRDistro is also offered for fitment to lower grade drones produced by other manufacturers as the IRDistro camera has a superior specification for those customers who require it. This increases potential sales of the camera.
The company is developing proprietary software to enable one-way operation of drones (ie no need to land at the launch point and no need to land at the same elevation as the launch point). This will enable customers to continue using their current modus operandi rather than adapting existing work methods to fit the use of drones (eg end-to-end pipeline inspections).
Through partner North American Survival Systems (NASS), it is estimated that capacity exists for the production of up to 10,000 LED strobe lights per month. The company has a unique patent for LED strobe lights. It is likely that the use of strobe lights on drones will be mandated by the FAA and many customers will choose the LED option due to the lower power requirements. People at risk of needing to be found in desert or mountainous areas or at sea may wish to purchase a personal strobe light to increase the chance of being spotted by drone-borne cameras. SAR drones need to be seen by survivors so that they can attempt to make themselves conspicuous to cameras by waving, launching a flare or activating a strobe light.
It costs at least $2,500 per hour to operate a SAR helicopter and many are being retired by relevant agencies due to budgetary restrictions. An SAR drone can be bought for the equivalent of 1 hour of helicopter operation and then have negligible operating costs.
The 2nd CC was held on August 21. Many exciting updates were given to shareholders As developments take place and deals are confirmed, formal PRs will be issued.
DSUS’s strength is in its ability to translate detailed customer requirements into a fully integrated system optimized for either a single role or multiple roles. DSUS uses the best available components as a basis, where they exist, or, if they do not exist, they design and then use their own proprietary components / features. They already have an agreement to use a first-rate, FAA-approved manufacturing facility - Aviation Technologies located in San Antonio, Texas. DSUS doesn’t just sell drones and components – it aims to provide safety, training and repair.
DSUS BOD members have been extensively involved in dealings with the FAA since well before the formation of DSUS. The CEO and 3 other BOD members have already been granted their FAA 333 Exemption for commercial drone operation. DSUS is also currently involved in discussions with the University of Alaska regarding a drone test flight certification program. The University of Alaska is the operator of one of only 6 FAA approved test sites.
Company Website: https://www.dsusa.us/
Twitter: https://twitter.com/ProsearchXLF
Facebook: https://www.facebook.com/droneservicesusa
You Tube:
https://www.youtube.com/channel/UCwf0EY6BhsuK...IGA/videos
https://www.youtube.com/channel/UCnyuJuRg7-FU...i5g/videos
FAA Unmanned Aircraft System Regulations:
https://www.faa.gov/uas/legislative_programs/section_333/
I consider myself an “educated customer” in this market as I have a BSc(Eng) in Aeronautical Engineering, served for 36 years as an allied Air Force Aircraft Maintenance Officer, and have recent knowledge of US SAR procedures as a volunteer in the USAF Auxiliary. I have no connection with the company and I’m not offering investment advice or endorsement of any product. I’ve taken the trouble to put these notes together because I feel potential investors might like to consider information collated by a credible source – no spin – just the facts as they have emerged since the formation of the company.
Personally, I’m excited for interesting developments from DSUS over the coming days, weeks, months and years.
Drone Services USA Inc (DSUS) Stock Research Links
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