Drone Aviation (DRNE) 3.1200 $DRNE Lieutenant General

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Jun 20, 2016 at 12:03 PM

Drone Aviation (DRNE) 3.1200 $DRNE

Lieutenant General Michael T. Flynn Appointed Vice Chairman of Drone Aviation
Marketwire Canada - Wed May 04, 6:01AM CDT
Highly Decorated Army Intelligence Officer Joins Company's Strategic Advisory Board to Support Product Marketing and Development Activities

Drone Aviation Appoints Jay H. Nussbaum as Chief Executive Officer
Marketwired - Mon May 02, 7:49AM CDT
Drone Aviation Holding Corp. (OTCQX: DRNE) ("DAC" or "Drone Aviation"

, today announced that in an effort to capitalize on increasing interest in its tethered aerostat and drone technology from Department of Defense (DoD) as well as civil and commercial entities, it has appointed Jay H. Nussbaum, Chairman of the Board and current investor, to the additional position of Chief Executive Officer, replacing Kevin Hess who has been appointed Chief Technology Officer. In this added capacity, Mr. Nussbaum will be responsible for leading development of new strategic partnerships and the recruitment of highly experienced government and military sales, management and board-level personnel while Mr. Hess will continue to lead product and technology development efforts at the Company.

Drone Aviation's WATT Tethered Drone Completes First Nighttime Flight Test Operation
GlobeNewswire - Wed Apr 13, 7:06AM CDT
Drone Aviation Holding Corp. (OTCQX: DRNE) ("DAC" or "Drone Aviation"

, a manufacturer of tethered drones and lighter-than-air aerostats today announced that in collaboration with The Mid-Atlantic Aviation Partnership at Virginia Tech (VTMAAP) and Aviation Systems Engineering Company (ASEC), Inc., the Company has successfully completed an FAA-approved nighttime commercial tethered drone operational flight test. The test was designed to evaluate the use of a tethered drone and advanced optical systems to provide persistent, large venue and facility monitoring and security at night.

Drone Aviation Awarded Contract From Defense Department Prime Contractor BAE Systems for WASP Tactical Aerostat Upgrades
Marketwired - Wed Mar 30, 7:02AM CDT
Drone Aviation Holding Corp. (OTCQX: DRNE) ("DAC" or "Drone Aviation"

, a manufacturer of tethered drones and lighter-than-air aerostats, today announced that it has been awarded a contract to upgrade existing U.S. Government-owned Winch Aerostat Small Platform ("WASP"

tactical aerostat systems from Department of Defense (DoD) prime contractor BAE Systems.

Drone Aviation Awarded Department of Defense Contract for WASP Tactical Aerostat System
Marketwired - Mon Mar 07, 7:31AM CST
Drone Aviation Holding Corp. (OTCQX: DRNE) ("DAC" or "Drone Aviation"

, a manufacturer of tethered drones and lighter-than-air aerostats, today announced that it has been awarded a multiple unit contract from the Department of Defense ("DoD"

for its Winch Aerostat Small Platform ("WASP"

tactical aerostat system.

U.S. Environmental Protection Agency Purchases Aerostat and Operator Training from Drone Aviation
GlobeNewswire - Tue Feb 02, 7:20AM CST
Drone Aviation Holding Corp. (OTCQX: DRNE) ("DAC" or "Drone Aviation"

, a manufacturer of tethered drones and lighter-than-air aerostats today announced that it has received a follow-on order from the United States Environmental Protection Agency ("EPA"

for a helium-filled aerostat and related airborne equipment and operator training in Jacksonville, FL. The aerostat purchase follows a 2015 EPA contract awarded to DAC for a customized winch system and related equipment as part of the Agency's National Risk Management Research Laboratory (NRMRL) program for emissions sampling utilizing tethered aerostats.

Drone Aviation Partners with Measure for FAA-Approved Operations of WATT-200 Tethered Drone
GlobeNewswire - Mon Jan 25, 7:08AM CST
Drone Aviation Holding Corp. (OTCQX: DRNE) ("DAC" or "Drone Aviation"

, a manufacturer of tethered drones and lighter-than-air aerostats and Measure UAS Inc. ("Measure"

, the nation's leading operator of drones, today announced a partnership for sales, operations, training and support of the WATT-200 tethered drone. Measure has been granted a 333 exemption by the Federal Aviation Administration (FAA) to operate the Drone Aviation WATT-200 tethered drone for their Drone as a Service(R) operations.

Drone Aviation and Skyfire Enter into Sales Partnership for First Responder Marketplace
GlobeNewswire - Mon Jan 11, 7:12AM CST
Drone Aviation Holding Corp. (OTCQX: DRNE) ("DAC" or "Drone Aviation"

, a manufacturer of tethered drones and lighter-than-air aerostats today announced that it has formed a joint sales partnership with Skyfire Consulting ("Skyfire"

, a leading drone services and consulting company dedicated to serving the needs of first responders nationwide, and have begun co-marketing DAC's tethered drones to fire and police departments and other emergency services entities.

Drone Aviation Holding Corp. Commences Trading on the OTCQX Market
GlobeNewswire - Wed Jan 06, 7:26AM CST
Drone Aviation Holding Corp. (OTCQX

RNE) ("DAC" or "Drone Aviation"

, a manufacturer of tethered drones and lighter-than-air aerostats, today announced that its common stock has been approved to upgrade to the OTCQX(R) Best Market, effective immediately.

OTC Markets Group Welcomes Drone Aviation Holding to OTCQX
PR Newswire - Wed Jan 06, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced Drone Aviation Holding Corp. (OTCQX: DRNE), a developer and manufacturer of unmanned aerial systems, has qualified to trade on the OTCQX® Best Market. Drone Aviation upgraded to OTCQX from the OTCQB® Venture Market.

Drone Aviation's WATT-200 Tethered Drone Approved by FAA for Operations by Major Newsgathering Organization
GlobeNewswire - Mon Dec 14, 7:38AM CST
Drone Aviation Holding Corp. (OTCQB

RNE) ("DAC" or "Drone Aviation"

, a manufacturer of tethered drones and lighter-than-air aerostats today announced that the WATT-200 tethered drone has been approved by the FAA for operations by a major news organization.

Drone Aviation Holding Corp Completes $4 Million Investment and Exchange
Marketwired - Mon Nov 23, 7:30AM CST
Drone Aviation Holding Corp. (OTCQB: DRNE) (OTCQB: DRNED) (the "Company"

, a developer of specialized lighter-than-air aerostats and tethered drones, today announced that it has completed a $3.725 million offering of its common stock and has exchanged its outstanding shares of Series B-1 Preferred Stock, with a liquidation value of $275,000, for shares of common stock. Frost Gamma Investments Trust, an affiliated entity of Dr. Phillip Frost, Chairman of the Company's Strategic Advisory Board, Jay Nussbaum, Chairman of the Board, and members of the Company's senior management collectively invested $3,050,000 in the offering.

Drone Aviation Announces Reverse Split of Common Stock
GlobeNewswire - Fri Oct 30, 8:10AM CDT
Drone Aviation Holding Corp. (OTCQB

RNE) ("DAC" or "Drone Aviation"

, manufacturer of tethered drones and lighter-than-air aerostats, today announced it has implemented a 1-for-40 reverse split of its common stock effective at the close of trading on Thursday, October 29, 2015 and in effect for trading on a split-adjusted basis on Friday, October 30, 2015. Drone Aviation's common stock will trade on a split-adjusted basis under new CUSIP number 262100209 and temporary ticker symbol "DRNED". After 20 days, the common stock will commence trading under the ticker symbol "DRNE".

Drone Aviation Completes Delivery of Enhanced WASP XL Tactical Aerostat System to Defense Contractor
GlobeNewswire - Thu Oct 15, 7:41AM CDT
Drone Aviation Holding Corp. (OTCQB: DRNE) ("DAC" or "Drone Aviation"

, manufacturer of tethered drones and lighter-than-air aerostats, announced today that it has delivered two of its enhanced Winch Aerostat Small Platform ("WASP XL"

aerostat systems under an order placed by a specialized defense contractor customer in May 2015.

Drone Aviation Holding Corp. Publishes Chairman Letter
GlobeNewswire - Wed Oct 07, 3:37PM CDT
Drone Aviation Holding Corp. (OTCQB

RNE) ("DAC" or "Drone Aviation"

, manufacturer of tethered drones and lighter-than-air aerostats, today published a letter from the Company's Chairman below.

US Army-Owned WASP Aerostat Systems Successfully Completed DoD Enterprise Challenge 2015 Delivering Real-Time Situational Awareness and Communications to Ground Forces
GlobeNewswire - Wed Aug 19, 7:33AM CDT
Drone Aviation Holding Corp. (OTCQB: DRNE) ("DAC" or "Drone Aviation"

, manufacturer of tethered drones and lighter-than-air aerostats, announced that its U.S. Army-owned WASP (Winch Aerostat Small Platform) tactical aerostats successfully completed the DoD Enterprise Challenge 2015 ("EC15"

providing real-time situational awareness to participating ground forces and personnel. As a result of its performance, DAC will continue to support the U.S. Army-owned WASP systems for future exercises scheduled for 2015.

Drone Aviation Holding Corp. Acquires Exclusive Commercial Rights to UAV Autopilot System Created at Georgia Institute of Technology
Marketwired - Mon Jul 20, 8:07AM CDT
Drone Aviation Holding Corp. (OTCQB: DRNE) (DAC), manufacturer of lighter-than-air aerostats and tethered drones, today announced that it has entered into an agreement to acquire exclusive commercial software licenses for the "GUST" (Georgia Tech UAV Simulation Tool) autopilot system from Adaptive Flight, Inc. Through the purchase of the assets of privately held Adaptive Flight Inc. (AFI), DAC is assuming the transferable licenses from the Georgia Tech Research Corporation which include flight simulation tools and fault tolerant flight control algorithms. In addition, DAC will acquire AFI's dedicated flight computer and additional related hardware and airframes.

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