Drone Aviation Awarded Additional $1.7 Contract

Published: 06 Jun 2019

Drone Aviation Holding Corp., a manufacturer of tethered drones and lighter-than-air aerostats, has announced that it has been selected by a prime contractor for an additional award valued at approximately $1.7 million. This award is a follow-on to the $3.8 million contract awarded to Drone Aviation by this same prime contractor in January 2019, bringing the total award value to approximately $5.5 million.

“We are honored to have been chosen for this follow-on award by our prime contractor,” said Jay Nussbaum, Chairman and CEO of Drone Aviation. “This award is another important milestone for Drone Aviation, one that creates a valuable new stream of revenue and cashflow for the Company as we continue to execute on our strategic plan.”

Due to customer-related confidentiality considerations, no additional information will be provided related to this award at this time.

Drone Aviation’s tethered aerostat systems are based around a proprietary “smart leash” technology that provides persistent and reliable control, power and communications, bridging the gap between large, complex aerostats and small short-endurance drones.

Their tethered aerial platforms currently serve key tier-one customers including the United States Department of Defense and Department of Homeland Security. They provide multi-mission capabilities, extending the range of communications, ISR (Intelligence, Surveillance & Reconnaissance) and SIGINT (Signals Intelligence) and providing persistent silent protection, day or night.

Posted by Mike Ball Mike is our resident technical editor here at Unmanned Systems Technology. Combining his passions for teaching, advanced engineering and all things unmanned, Mike keeps a watchful eye over everything related to the unmanned technical sector. With over 10 years’ experience in the unmanned field and a degree in engineering, Mike’s been heading up our technical team here for the last 8 years.

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