UAV Corp (OTC: UMAV) Initiates Uplisting Process to NASDAQ: A Strategic Move for Growth and Success
Wednesday, Jan 15, 2025 8:38 am ET

UAV Corp (OTC: UMAV), a leading developer of manned and unmanned aerial vehicle (UAV) technology, has retained legal counsel to initiate its uplisting process to the OTCQB marketplace, with the ultimate objective of securing a NASDAQ listing. This strategic move aligns with the company's rapid expansion, rising government & commercial contract opportunities, and technological advancements in surveillance, defense, communications, and other vertical market applications.
UAV Corp's DART Series airships and UAV platforms offer real-time reconnaissance, border patrol, and intelligence-gathering capabilities, making them ideal for government and commercial applications. With border security and aerial surveillance being a priority for the incoming U.S. administration and other friendly global governments, UAV Corp is well-positioned to secure high-value defense/security contracts. The company's DART SA70-12 and DART MA 600 airship platforms are at the forefront of these opportunities, with negotiations underway for contracts worth $1.5 billion.
In addition to its strong market position, UAV Corp has secured Letters of Intent (LOIs) totaling over $105 million for its DART Series airships from potential global partners. These LOIs demonstrate the market demand and interest in UAV Corp's products, further solidifying the company's growth prospects.
UAV Corp's strategic partnership with Atlantic Industrial Group (AIG) is another key factor driving the company's success. Through this collaboration, UAV Corp is integrating Vertical Take-Off and Landing (VTOL) technologies into its UAV systems, enhancing defense and commercial capabilities. This integration will enable UAV Corp to offer more advanced and versatile solutions to its clients, further increasing its competitiveness in the market.

UAV Corp's expansion plans include the construction of the "SKY" hangar at Skyborne's Costin Airport, furthering pilot training, UAV testing, and production. This expansion will enable UAV Corp to increase its production capacity and accelerate the development and deployment of its innovative technologies.
UAV Corp's commitment to optimizing its capital structure is another crucial aspect of its growth strategy. The company has reduced its authorized share count by 1.2 billion shares in December 2024 and an additional 300 million shares in January 2025. These reductions demonstrate UAV Corp's dedication to enhancing long-term shareholder value and driving financial growth.
In conclusion, UAV Corp's strategic expansion and technological advancements position it for success in the aerospace and defense sectors. By pursuing an uplisting to NASDAQ, securing high-value contracts, and integrating advanced technologies, UAV Corp is well-equipped to capitalize on emerging opportunities and drive long-term growth and success. Investors seeking exposure to the rapidly growing UAV and airship market should consider UAV Corp as a compelling investment opportunity.
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