NEW YORK, May 11, 2017 (GLOBE NEWSWIRE) -- Drone USA, Inc. (OTC Markets:DRUS) (“Drone USA” or the “Company”), a developer and manufacturer of low altitude Unmanned Aerial Vehicles (“UAVs”) and related technologies, today announced that it appointed Dr. Rodrigo Kuntz Rangel to the Drone USA Board of Directors on April 3, 2017.
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Michael Bannon, Drone USA’s Chief Executive Officer, commented: “We are extremely happy that Rodrigo has decided to join our Board. Rodrigo is a brilliant engineer who has developed some of the most sophisticated drones in the world. Many of the drones developed by Rodrigo can be adapted for commercial, police or military use. In April we demonstrated our Shadow, a military-police grade quadcopter, to several police departments in Connecticut. We plan to demonstrate our Cyclops, a fixed wing drone equipped with three cameras to monitor public safety, to police departments situated along the Connecticut coastline. Our Cyclops is equipped with thermal and high definition zoom cameras to help scan for bathers who ventured too far away from shore. In Cape Cod, we intend to offer our Cyclops to police departments to help monitor great white shark activity along their coastlines.”
About Rodrigo Kuntz
Dr. Rodrigo Kuntz Rangel, 39, became a member of the Board on April 3, 2017, and has been our CTO since June 2016. Dr. Rangel has served as Scientific Director of IBRV, the BRVANT Institute of Technology, a non-profit Institute since August 2013. Since February 2009 Dr. Rangel has served as CEO of BRVANT Technologic Solutions, a Brazilian company that specializes in development of UAV, UGV and USV systems. From 2002 to 2009 he was Product Development Engineer at Embraer SA, working with the development of avionics, electronic and software systems for military and civil aircraft. Dr. Rangel has specialized in aircraft manufacture engineering through his research activities with the Embraer Engineering Specialization Program. Dr. Rangel also studied computer, robotics, lasers and virtual reality systems applied to flight simulators at the Institute for Advanced Studies (IEAv) as a São Paulo State Foundation for Research Support (FAPESP) scholar. Dr. Rangel received a B.S. degree in Computer Engineering, M.S. and PhD degrees in Computer and Electronics Engineering from the Technological Institute of Aeronautics in Sao Jose dos Campos, Brazil.
About Drone USA, Inc.
Headquartered at One World Trade Center in New York, NY, Drone USA is a primary developer and manufacturer of low altitude unmanned aerial vehicles (UAV) and related technologies. Target markets include select defense segments (military), public safety (police, fire, emergency response), and high growth commercial applications such as agriculture, photogrammetry, mining, utilities, and entertainment. The Company seeks to strengthen its systems portfolio by acquiring UAV firms with superior technologies that are proven in high-growth markets, as well as complementary technologies such as sensors and software.
For additional information about Drone USA, please visit www.droneusainc.com.
Forward-Looking Statements
Certain statements in this press release may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: “plans, “anticipates,” “expects,” “believes” or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the Company’s Form 10 filed with the SEC and filings with the OTC Markets Group.
CONTACT: Michael Bannon Chief Executive Officer mike@droneusainc.com Dennis Antonelos Chief Financial Officer dennis@droneusainc.com
