6 Oct 2015 07:00
Strat Aero plc / Index: AIM / TIDM: AERO / Sector: Support Services
6 October 2015
Strat Aero plc ("Strat Aero", the "Company" or the "Group")
Appointment of Sales & Marketing Director
Strat Aero plc, the AIM listed international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle ('UAV') sector, is delighted to announce the appointment of Bill Bauer as Sales & Marketing Director, in line with its strategy to build a vertically integrated UAV company, covering all aspects of the value chain including software, hardware and services. The non-Board appointment of Mr Bauer, follows the Board appointments of Mr Tony Dunleavy, Mr Paul Ryan and Mr Gerard Dempsey, all seasoned corporate executives who have held high level positions at blue chip technology companies including Vodafone and Microsoft.
Mr. Bauer has had a highly successful B2B sales and marketing career with over 20 years' experience in the IT and telecom sectors, driving complex deals with large business customers. In his most recent sales role at Vodafone he led a cross-functional team responsible for more than 200 global accounts with offices across eight countries. Previous positions include Director of Market Development at Alcatel, Vice President of Operations & Integration at SBC Europe, Region Head of Vodafone Global Enterprise, and a board member of SBC operating units in France, Switzerland and Norway.
Tony Dunleavy, CEO of Strat Aero, said: "Strat Aero has been building a team with outstanding abilities as it pursues its strategy to become the first fully integrated global solutions provider in the rapidly growing UAV market. Bill thrives in fast growth businesses and Strat Aero certainly falls into this category. His proven track record in closing big contracts with big customers will prove invaluable as we look to secure similar contracts with long sales cycles for Strat Aero. We look forward to him helping us build on the success we have achieved so far and position Strat Aero at the forefront of the game-changing UAV technology."
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For further information please visit www.strat-aero.com. or contact:
Strat Aero plc | Tel: +44 (0) 1293 804741 |
Tony Dunleavy (Chief Executive) | |
Graham Peck (Chairman) | |
SP Angel Corporate Finance LLP | Tel: +44 (0) 20 3470 0470 |
Nominated Adviser and Joint Broker | |
Stuart Gledhill Jeff Keating | |
Beaufort Securities Limited | Tel: +44 (0) 20 7382 8300 |
Joint Broker Jon Levinson | |
Elliot Hance | |
St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Frank Buhagiar Charlotte Heap |
Notes:
Strat Aero plc is a multi-divisional international aerospace services company, focussed primarily on the provision of complete client solutions in the Unmanned Aerial System ('UAS' market), which is predicted to show exponential growth over the coming decade. Civilian, law enforcement and military applications in UASs are expected to be a dynamic growth sector in the aerospace industry over the next 10 years with the UAS market forecast to grow to more than US$82.1 billion between 2015 and 2025 (AUVSI Economic Report 2013) and the global airborne Intelligence, Surveillance and Reconnaissance ('ISR') market estimated to grow to US$19.23 billion by 2023.