Vancouver, BC / TheNewswire / July 14, 2017 - Global UAV Technologies Ltd. (UAV-CSE) (the “Company”) is pleased to provide an update on its wholly owned subsidiaries High Eye Aerial Imaging and Pioneer Aerial Surveys.

 

Pioneer Aerial Surveys:

 

Pioneer Aerial has completed 1,450 line-kilometres of surveys since the beginning of June.  June also saw Pioneer Aerial complete its first contract in the United States.   

 

High Eye Aerial Imaging:

 

High Eye is continuing its ongoing relationship with the University of Guelph’s Muck Crop Research Station, which is located in the Holland Marsh, Ontario.  This marks the fourth year of the relationship between High Eye and the University of Guelph.  The project, and associated deliverables, has evolved from an experimental start to a distinct replicable model, which will provide High Eye with a unique product to offer agricultural clients.

 

Over the previous two years the High Eye team was orthographically mapping upwards of 100 hectares of the Marsh in both RGB and NDVI (Normalized Differential Vegetation Index) images, which was compiling vast amounts of data for the university at a fraction of the price of what these specialized surveys would normally cost using traditional mapping methods.  

 

High Eye has recently set up the project such that the university will be able to increase the amount of surveys conducted by the university with High Eye processing all of the collected data on a weekly basis.

 

About Global UAV Technologies Ltd.:

 

With its growing technical expertise and expanding reach globally, Global UAV Technologies is the leader within the commercial Unmanned Aerial Vehicle (UAV) sector.  Through its wholly owned subsidiaries – Pioneer Aerial Surveys, High Eye Aerial Imaging, and UAV Regulatory Services – Global UAV Technologies provides full spectrum UAV-based surveys for industries such as mining and construction.

 

Global UAV Technologies will continue its growth through expanding the business of its current subsidiaries and the continued evaluation of potential acquisitions with the goal of creating a consortium of businesses that, when fully integrated, will cover all aspects of the UAV industry.  

  

On behalf of the Board,

“Jason Springett”

Jason Springett

President & CEO

 

For additional information on Global UAV Technologies please contact

Mr. Stephen Litwin, Investor Relations, at 514-708-3456

 

Neither Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

 

Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.