– UAV Corp had an outstanding 2024, marked by groundbreaking innovations, strategic alliances, and significant advancements in key markets. Looking to 2025 the company is focused on securing $1.5 billion in contracts, unveiling innovations like the DART SA70-12, and expanding its state-of-the-art facilities, including the “SKY” hangar.
Building on this momentum, UAV Corp has announced a strategic partnership with Atlantic Industrial Group (AIG), integrating AIG’s newly acquired Vertical Take-Off and Landing (VTOL) technologies into Skyborne Technology’s cutting-edge facilities in Gulf County, Florida. This collaboration, supported by a licensing agreement, combines the strengths of both companies to develop next-generation VTOL systems.
Under the agreement, AIG will manufacture and develop its advanced airframes using Skyborne Technology’s manufacturing facility in Wewahitchka, Florida with future new Generation 3D printing systems and infrastructure. Concurrently, UAV Corp will advance its innovative platforms, ensuring seamless integration between AIG’s VTOL technologies and UAV Corp’s proprietary systems.
“This is an exciting step forward in UAV Corp’s mission to lead the aerospace industry with transformative technologies,” said Michael Lawson, CEO of UAV Corp. “Our collaboration with AIG enables us to leverage shared resources, including engineering expertise and advanced manufacturing capabilities. Together, we are creating a cohesive platform that will set new standards in VTOL innovation.”
AIG’s acquisition of VTOL technologies includes 20 years of research data, advanced airframes, and the renowned Verticopter, Converticopter, and Elytron vehicles, which have earned certificates of completion from NASA and Ames Laboratory. These technologies, combined with UAV Corp’s expertise, will produce the most maneuverable and efficient VTOL platforms on the market.
Engineers from both companies are working closely to integrate their respective systems, enabling interoperability and maximizing performance across platforms. This collaborative manufacturing approach will streamline production, ensure the highest quality standards, and accelerate the commercialization of these groundbreaking technologies.
In December 2024, the Board of Directors implemented a substantial reduction in the company’s authorized share count as part of its broader strategic objectives. Early next week, the Board will reconvene to deliberate on the potential for an additional reduction, underscoring its continued commitment to optimizing the company’s capital structure and acting in the best interests of its shareholders. This initiative reflects the company’s steadfast dedication to enhancing long-term shareholder value.
Source: UAV Corp