- First
Customer to Receive Upgraded Second Generation WASP Platform -
JACKSONVILLE,
FL – March 7, 2016 – 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.
Production
on the contract, valued in excess of $780,000, has commenced. The Gen 2 WASP
systems feature a number of enhancements including:
•
Expanded helium supply storage supports extended
deployment and operations for up to four weeks
•
Upgraded and modular APIU (Aerial Payload Interface
Unit) specially designed to support interchangeable payloads including advanced
ISR/video/SIGINT and re-trans communication systems
•
Redesigned, ruggedized mooring system for enhanced
launch and recovery operations
Jay
Nussbaum, Chairman of Drone Aviation Holding Corp., stated, “This DoD contract
marks the latest milestone for the WASP which continues to demonstrate its
unique capabilities and ability to meet evolving mission requirements. Having
proven its capabilities through numerous Army exercises, the WASP is building a
strong reputation for value, both on the battlefield as well in its potential
role in national security. With this generation of the WASP, we are moving this
Company from its development phase into a commercialization stage focused on
aerial products designed for the military and civilian commercial markets.”
The WASP
is a highly tactical and mobile aerostat system that provides day/night video
and wireless communication range extension. It has undergone testing for use in
Border protection applications as well as undergone extensive evaluation and
continual refinement over the past 3 years having successfully completed
operations in multiple DoD exercises including Army Network Integration
Experiments (NIEs) 14.1, 14.2, 16.1. where the WASP has been utilized by the
U.S. Army as a tactical battlefield solution that can support ground based
soldiers and aerial retransmissions.
About
Drone Aviation Holding Corp.
Drone Aviation Holding Corp. (OTCQX: DRNE) develops
and manufactures cost-effective, compact and rapidly deployable aerial
platforms including lighter-than-air aerostats and electric-powered drones
designed to provide government and commercial customers with enhanced
surveillance and communication capabilities. Utilizing a proprietary tether
system, the Company’s products are designed to provide prolonged operational duration
capabilities combined with improved reliability, uniquely fulfilling critical
requirements in military, law enforcement and commercial and industrial
applications. For more information about Drone Aviation Holding Corp. please
visit www.DroneAviationCorp.com