$VMRI News out! Valmie Resources’ (VMRI) AeroLif
Post# of 12922
http://finance.yahoo.com/news/valmie-resource...00070.html
Valmie Resources Inc. (VMRI) announced its joint venture partner, AeroLift eXpress, is in dialog with a major Latin American energy company’s prime contractor regarding daily, unmanned offshore transport. The contractor represents large providers throughout Latin America and desires to add AeroLift to its portfolio.
AeroLift eXpress is an elite unmanned aerial transport service that uses military grade vehicles and systems, operated by former U.S. military pilots. Since its debut at the Offshore Technology Conference in Houston, several companies have demonstrated interest in collaborating with AeroLift to support offshore deliveries and to provide other unmanned aerial services.
According to worldwide management consulting firm McKinsey & Company, returns on capital in the oil and gas sector have halved since 2007, triggering a stronger need for curbing costs than ever before.
“We are pleased to offer this one-of-a kind delivery service to offshore operators as a way of reducing costs and lowering the risks associated with transporting payloads in challenging environments,” said Gerald B. Hammack, President and CEO of Valmie Resources.
“AeroLift’s economical transport platform is a practical alternative over high priced helicopter or marine delivery,” said James Stafford, AeroLift eXpress CEO and Founder. “Our drone technology can successfully operate in any conditions where a helicopter can fly, at a fraction of the cost and no risk to human life.”
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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