JACKSONVILLE, FL, Oct. 19, 2017 (GLOBE NEWSWIRE) -- JACKSONVILLE and AVENTURA, FL – October 19, 2017 – Drone Aviation Holding Corp. (OTCQB: DRNE) (“Drone Aviation” or the “Company”), a manufacturer of tethered drones and lighter-than-air aerostats today announced that it will be displaying its FUSE Tether System at the 2017 Commercial UAV EXPO in partnership with Drone Nerds, Inc., the country’s largest DJI authorized distributor. The Commercial UAV EXPO is North America’s leading trade show and conference for the commercial drone market and is being held at the Westgate Resort in Las Vegas, Nevada, from October 24th to October 26th.
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On display in Drone Nerd’s booth, #731, attendees and guests will see and learn firsthand the many benefits of the FUSE Tether System. FUSE, designed for the DJI Inspire 2 and Matrice 200 (M200) professional drones, can extend flight duration in commercial applications making it ideal for security and monitoring of facilities such as power plants, ports, and bridges as well as for use by public safety, law enforcement and newsgathering organizations.
The FUSE Tether System, launched earlier this year, is an automated smart winch tethering system designed to meet the unique specifications of DJI’s most popular commercial drones. Utilizing proprietary onboard and ground power systems coupled to an automated “Smart” winch system, the FUSE Tether System maximizes drone use by dramatically and affordably increasing drone flight time with uninterrupted power from the ground, facilitating long duration flight operations.
“FUSE was created to cost effectively bring the benefits of our military-tested tethering technology to commercial drone users who are seeking to add safe, long flight duration to their commercial drones. Reaction to FUSE has been gratifying and we are pleased with feedback and initial orders received, evidence of the growing global interest in our tether system from both commercial end users and potential channel partners who seek to fly longer and improve the productivity of their flight operations,” said Jay Nussbaum, Chairman and CEO of Drone Aviation.
To learn more about the FUSE Tether System visit booth #731 at the Commercial UAV EXPO or to place an order, please visit Drone Nerd’s website here. Follow Drone Aviation Corp. on Facebook, Twitter and now on Instagram and YouTube for news and updates!
About Drone Aviation Holding Corp.
Drone Aviation Holding Corp. (OTCQB: 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 patented tether system, Drone Aviation’s products are designed to provide prolonged operational duration capabilities combined with improved reliability, uniquely fulfilling critical requirements in military, law enforcement, commercial, and industrial applications. For more information about Drone Aviation, please visit www.DroneAviationCorp.com or view our reports and filings with the Securities and Exchange Commission at http://www.sec.gov, including the Risk Factors included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2016, as well as information in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
About Drone Nerds, Inc.
Drone Nerds specializes in the supply of high-end drones for a variety of commercial, private, and recreational needs. A leading DJI-authorized service center, Drone Nerds is able to deliver the highest quality drones at the highest quality service. Whether customers require drones for aerial filming, videography, surveying, or anything else, Drone Nerds has the drones available to suit your needs. With an extensive product range as well as custom drone solutions available, Drone Nerds can help you choose the perfect product or our engineers can design one specifically for you! Drone Nerds is also the largest distributor of drones in the US, boasting the largest inventory of drones in the nation.
Forward-Looking Statements
Statements in this press release that are not historical facts are forward-looking statements that reflect management’s current expectations, assumptions, and estimates of future performance and economic conditions, and involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as “believe,” “expects,” “may,” “will,” “should,” “plan,” “intend,” “on condition,” “target,” “see,” “potential,” “estimates,” “preliminary,” or “anticipates” or the negative thereof or comparable terminology, or by discussion of strategy or goals or other future events, circumstances, or effects. Moreover, forward-looking statements in this release include, but are not limited to, those relating to: commercial acceptance and interest in drone technology, the FUSE Tether System and FAA regulations concerning commercial operations of drones. The Company’s financial results and the forward-looking statements could be affected by many factors, including, but not limited to, demand for the Company’s products and services, economic conditions in the U.S. and worldwide, changes in appropriations by Congress and reduced funding for defense procurement and research and development programs, and our ability to recruit and retain management, technical, and sales personnel. Further information relating to factors that may impact the Company’s results and forward-looking statements are disclosed in the Company’s filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
All company, product and service names used in this press release are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/25f7f4df-349c-4daa-89ac-ccbbc4cc3c36
Michael Glickman, Media Relations Drone Aviation Holding Corp. 917-397-2272 mike@mwgco.net Steve Gersten, Investor Relations Drone Aviation Holding Corp. 813-926-8920 investors@Droneaviationcorp.com
