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$VMRI Huge news - Valmie (VMRI) Says Response to A

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Post# of 63835
Posted On: 05/13/2016 10:21:08 AM
Posted By: tommyboyboy
Re: Jerseyfish #42360
$VMRI Huge news - Valmie (VMRI) Says Response to AeroLift eXpress is Excellent – In Talks with Major Firm Regarding Power Line Management Project

http://finance.yahoo.com/news/valmie-vmri-say...00961.html

HOUSTON, TX / ACCESSWIRE / May 11, 2016 / Valmie Resources Inc. (VMRI) is pleased to announce it received an excellent response to the rollout of AeroLift eXpress, its newest collaboration. Launched last week during the Offshore Technology Conference in Houston, AeroLift is already in talks with multiple international companies regarding collaborating on power line integrity management projects in Latin America.

AeroLift eXpress, a privately held tech startup operated by former U.S. military pilots, is an elite unmanned aerial service that uses military grade vehicles and systems. In addition to its focus area of offshore delivery, the company offers other unmanned aerial services such as infrastructure surveying, power line and pipeline inspections and aerial imaging.

AeroLift is in discussions with international companies that provide power line integrity management solutions. The companies have shown strong interest in partnering with AeroLift to support power line inspection and management services in Latin America.

"The cost and safety conscious power industry stands to gain substantial benefits from deploying our unmanned aerial systems," said James Stafford, AeroLift eXpress CEO and Founder. "We are in talks with these companies to explore the possibility of teaming up to respond to the needs of Latin American utility clients in rural areas."

Another alternative to performing these inspections is by employing a helicopter, which is much more costly and more high risk. Stafford said his drone technology could successfully operate in any conditions where a helicopter can fly.

"We are experiencing an impressive response to AeroLift and have had several productive meetings with companies interested in AeroLift's surveying and imaging capabilities as well as in its one-of-a-kind transport services," said Gerald B. Hammack, President and CEO of Valmie Resources.

AeroLift eXpress has the capability to deliver a sizeable payload of up to 14 pounds within an operating radius of 250 miles, with plans to increase the payload size to as much as 80 pounds in subsequent development phases.


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