UAC is pleased to announce the beginnings of discussions in the international market for a launch customer.
The operational capabilities of our solutions are a major tactical advantage for Union Aerospace Corp. The Company will be able to provide 2 turn-key Wing designs and 2 engine types. The Company’s primary approach to the aerobatic, airshow, and consumer market will allow for early sales and market presence penetration within the various UAS/UAV related Canadian DND initiatives and the expansion to other global DoD UAS/UAV projects will be ongoing and aggressive. The Company’s secondary approach towards flight testing, training, and commercial markets will augment the Company revenue stream strategy. The third solution of detect and avoidance systems will further differentiate and support revenue objectives.
As industry experiences, relationships, and procurement knowledge is attained this will allow Union Aerospace Corp. to compete for consideration on new contracts from Prime UAS/UAV Canadian Department of Defence initiatives. Moreover, the capabilities of The Company will help it secure qualified contracts. The Company will also be able to provide an extended list of services/products mentioned above, while other contractors will only provide a limited subset of functionality with heavier price constraints. Without any matching product or competition in the high-performance UAV/UAS M.A.L.E. spectrum World Wide, Union Aerospace Corp. will be positioned and primed to gain a significant share of the overall global M.A.L.E. UAS/UAV market with rapid and sustainable growth during the next 5-10 years and beyond. Our transition into the commercial UAS/UAV sector along with new services will ensure growth longevity to curb future Defence contract dependency as variants become organic and less reliable as a revenue stream.