focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRMS.L Regulatory News (RMS)

  • There is currently no data for RMS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

US Group Working with NASA on UAV Programme

17 Nov 2015 07:00

RNS Number : 8561F
Strat Aero PLC
17 November 2015
 



Strat Aero plc / Index: AIM / TIDM: AERO / Sector: Support Services

17 November 2015

Strat Aero plc ("Strat Aero", the "Company" or the "Group")

US Group Working with NASA on UAV Programme

Strat Aero plc, the AIM listed international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle ("UAV") sector, is pleased to announce that its affiliate, Emerging Technology Ventures Inc. ('ETV'), a US group which specialises in bringing together and developing integrated technology solutions for both military and civilian unmanned system market sectors, has agreed to become a member of NASA's research collaborative for the Unmanned Aerial Systems Traffic Management ('UTM') programme. ETV, along with its Autonomous and Unmanned System Cluster ('AUSC') partners, which Strat Aero is an affiliate member of (see announcement of 9 November 2015), will work with NASA as part of the UTM programme to develop an air traffic control system for low altitude UAS operations in the US.

The UTM programme engages industry, academia, and government in developing an air traffic control system to safely enable UAS operations in low altitude airspace across the US. This is one of the most significant limiting factors for the growth of the UAS industry in the commercial sector, including key Strat Aero inspection services for wind farms, cell towers, bridges and dams, as well as precision agriculture.

NASA and its collaborative team will test the algorithms and UTM capabilities to safely enable low altitude operations and operational requirements for wind/weather integration, airspace design/geo-fencing, sense-and-avoid/separation management, demand/capacity imbalance management, contingency management, and enabling requirements such as communications, navigation, and surveillance. During the UTM's development, NASA will collaborate closely with the Federal Aviation Administration. NASA's short term goal is to safely enable initial low-altitude UAS operations as early as possible while a long term solution to accommodate increased demand with highest safety, efficiency, and capacity is developed and deployed.

Tony Dunleavy, CEO Strat Aero, said, "Congratulations are due to Cliff Hudson and his ETV team for obtaining this important invitation to join the NASA working group, ensuring that the Strat Aero group are at the leading edge of worldwide UAS regulation development. This further deepens our ability and credibility to offer compelling full UAV solutions to large international businesses, as laid out in our strategic plan."

Cliff Hudson, CEO of ETV, said, "This represents another key step in our long term strategy for integrating unmanned systems across the spectrum of commercial operations including inspection, precision agriculture, and environmental management. As we develop solutions for Command and Control and Mission Planning for collaborative unmanned systems, our participation in the NASA led collaborative will ensure alignment with emerging governmental standards and protocols in USA."

 

- ENDS -

 

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

Cornhill Capital Ltd

Colin Rowbury

+44 (0) 20 7710 9610

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.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCZMMMMFVKGKZM
Date   Source Headline
31st Jan 20177:00 amRNSTotal Voting Rights
25th Jan 20179:00 amRNSNotice of GM
24th Jan 20177:00 amRNSIssue of Equity
23rd Jan 20174:45 pmRNSHolding(s) in Company
20th Jan 20174:50 pmRNSHolding(s) in Company
19th Jan 201711:00 amRNSHolding(s) in Company
22nd Dec 20165:53 pmRNSResult of General Meeting
22nd Dec 20163:36 pmRNSREPLACEMENT: Holdings in Company
22nd Dec 201610:35 amRNSHoldings in Company
1st Dec 20161:00 pmRNSHolding(s) in Company
30th Nov 20167:00 amRNSTotal Voting Rights
28th Nov 20165:02 pmRNSNotice of GM
24th Nov 20168:15 amRNSCorporate Update
30th Sep 20167:00 amRNSHalf-year Report
29th Sep 20169:15 amRNSSettlement of Litigation
8th Sep 20167:00 amRNSWins UK Environment Agency Contract Worth £2.5M
31st Aug 20164:06 pmRNSTotal Voting Rights
25th Aug 20162:30 pmRNSIssue of Equity and Trading Update
24th Aug 201612:16 pmRNSAgreement to Roll-Out UAV Training in Malaysia
23rd Aug 20161:30 pmRNSCivil Aviation Authority Grants NQE Status
11th Aug 20161:00 pmRNSResult of General Meeting
5th Aug 20162:45 pmRNSMedia Reports
29th Jul 20163:16 pmRNSTotal Voting Rights
15th Jul 201610:00 amRNSNotice of General Meeting
13th Jul 20164:00 pmRNSCompletes Acquisition of UK-based Geocurve
13th Jul 20163:30 pmRNSUpdate on Completion of Acquisition of Geocurve
7th Jul 20163:00 pmRNSBoard Changes
30th Jun 20162:30 pmRNSFinal Results
30th Jun 20162:00 pmRNSResult of AGM
30th Jun 20167:00 amRNSAGM Statement
6th Jun 201610:00 amRNSNotice of AGM
12th May 20162:30 pmRNSResult of General Meeting
29th Apr 20162:26 pmRNSTotal Voting Rights
20th Apr 20169:31 amRNSIssue of Equity & Notice of General Meeting
15th Apr 201612:07 pmRNSUpdate Regarding Litigation
6th Apr 20167:00 amRNSResponse to Press Speculation
1st Apr 20164:00 pmRNSCorporate Update and Board Changes
31st Mar 20165:41 pmRNSTotal Voting Rights
17th Mar 201612:15 pmRNSPartial Conversion of Promissory Note
1st Mar 20167:00 amRNSSecures US$375,000 Proprietary Software Contract
19th Feb 20167:00 amRNSSecures First UAV Wind Turbine Inspection Contract
15th Feb 20167:00 amRNSDirectors Dealings
11th Feb 20169:00 amRNSTrading Update
28th Jan 20167:00 amRNSEnters Rapidly Growing Chinese UAV Market
11th Jan 20164:35 pmRNSPrice Monitoring Extension
4th Jan 20162:30 pmRNSTotal Voting Rights
22nd Dec 20157:00 amRNSExercise of Warrants and Issue of Equity
15th Dec 201512:50 pmRNSPresenting at the Unmanned Systems Institute 2015
15th Dec 20158:58 amRNSDirector's Participation in the Placing
11th Dec 20157:00 amRNSAcquisition of Leading UAV Technology Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.