OTC:ILUS Partners With Milanion Group to Integrate ILUS Technologies With Milanion Autonomous Vehicle Technology
February 02 2021 - 4:18PM
InvestorsHub NewsWire
NEW YORK, NY -- February 2, 2021 -- InvestorsHub NewsWire --
ILUS International Inc (OTC:
ILUS): ILUS is a M&A company acquiring technology-based
companies globally and has recently completed its acquisition of FB
Technologies Global Inc (FireBug Group), a leading manufacturer of
Technology & Fire & Rescue Vehicles including its EV
(Electric 6 x 6 vehicle) to the Fire & Rescue market. The Fire
& Rescue market globally has been under invested for decades
and is now experiencing significant modernisation, due to the rapid
urbanisation of the cities becoming wider, taller and more
congested making it increasingly costly and difficult for Fire
& Rescue services to perform efficiently. FireBug technology is
based on water efficiency and water saving. The technology is at
least 63% more efficient than conventional technologies allowing
responders to utilise much smaller faster and more economical
response vehicles in most instances. A common scenario is where
conventional technology would use approximately +/-200 gallons of
water to extinguish a car fire in about 90 seconds. In comparison
the FireBug technology would use 10 gallons in +/- 7 seconds. In
order to facilitate its global rollout, ILUS has an acquisition
strategy to roll up strategic companies to increase its route to
market and manufacturing capacity and to continually develop the
technology platform further. On this basis FB Technologies Global
is very pleased to sign a Memorandum of Understanding with Milanion
Group LLC, a UK and Dubai based specialist technology company
disrupting the market in the design, development, and manufacture
of unmanned systems that serve to augment and transform team and
mission capabilities whilst safeguarding personnel in hostile and
dangerous environments in both the public and private sector,
globally. Leading with the versatile and fully amphibious AGEMA UGV
with its modular design to cater for a range of payloads, Milanion
Group also provide USV solutions in the form of unmanned fully
autonomous rapid response vessels for Marine applications. Jointly
the companies intend to develop an autonomous unmanned Fire &
Rescue solution for the Military, Fire & Rescue and specialist
applications. Jointly the companies have been working on solutions
for many months for several major Military and Civil Defense
departments. Further to the Fire, Rescue & Emergency provision,
the companies jointly will look to develop the Milanion autonomous
technology onto the ILUS E-raptor EV 6x6 UTV.
Beyond this partnership, it is expected that ILUS will announce
further details of their 2 possible imminent acquisitions later
this week.
For further information on the companies please see their
communication channels website: www.ilus-group.com
Twitter : OTC_ILUS
Contact:
Nicolas Link CEO
email : nick.link@ilus-group.com
Irina Shatalova PhD,MBA,
(PA to the CEO and Investor Relations)
Email: Irina.Shatalova@ilus-group.com
Website: https://milaniongroup.com
Email : ssingh@milaniongroup.com
Related Links
http://ilus-group.com
https://milaniongroup.com
http://raptor-utv.com
Media Contact
ILUS International Inc
Nick.link@ilus-group.com
917 522 3202
New York
http://www.ilus-group.com
Source : ILUS International Inc (OTC:ILUS)
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