beenhadbefore
3 months ago
I bought some more in the 10. - 11. prices range wasn't as lucky to get any of the .08 stuff. But, they filed a updated the 13D on 1/29/2024. So, I think something is going on otherwise why update it. But Items 3 and 4 are missing Items 1,2, 5, 6 and 7 are there - just no 3 and 4??? why not those are the most important items (explains what's going on with share changes and why) pretty important. Plus, on the 13D's last page, a list of all who own 5% or more. So, for the heck of it I looked them up. To my surprise they are all serious at making money and all of them are involved in publicly listed stock exchange traded funds. So, USDR seems to me to be a pet-project (personal issue) and I don't think failure is an option for them. Because their funds funded this deal. Worst case they'll merge it into something like AI with the $2.6 million still on the books and make us a ton of cash, who knows. But, I highly doubt they let this deal just blow away since their own funds have money at risk. That's why I added. But, I could be wrong.
13D filed 1/29/2024
https://www.sec.gov/Archives/edgar/data/1638911/000117891324000253/zk2330709.htm
Nealio
1 year ago
Information about the Investor Relations person they hired on contract, per quarterly report about a year ago. This points to increased business activity, a likely increase in PR about the company, financing deals, and USDR being a strong acquisition prospect.
From the OTC QB Certification filed April 4, 2023-
"The following is a complete list of third-party providers, engaged by the Company, its officers, directors or controlling
shareholders, at any time during the last complete fiscal year and any interim period between the last fiscal year end
and the date of this OTCQB Certification, to provide investor relations services, public relations services, marketing,
brand awareness, consulting, stock promotion, or any other related services to the Company. Please include the
following items in this list: firm name, firm address, primary contact name and description of services
provided. If none, please state “None”.
Laurel Moody, Corporate Profile LLC, 1185 Avenue of the Americas, New York NY 10036. Services included: (i)
prepare, review and arrange company presentations and materials; (ii) PR review; (iii) arrange calls and zoom
meetings with brokers and individual investor groups and introductions to Portfolio managers and family offices; (iv)
provide Investor and consulting services with respect to positioning company’s equity in the public markets and media
relations."
Tahoe2468
1 year ago
NEWS: $EPAZ Drone Sector to Get Boost from Expanding Applications and Budgets in Military
Published: March 27, 2023 at 4:59 a.m. ET
Naples, FL, Mar 27, 2023 (News Direct via Comtex) -- --News Direct--
MarketWatch News Department was not involved in the creation of this content.
The military drone market is one of the fastest-growing at the moment. It is expected to hit $20.64 billion in 2027 from the current $14.54 billion. While it has a powerful driver of increasing government spending, the growing number of border disputes between countries over who owns what land and who controls the space between them is yet another factor behind the growing demand for UAVs.
The companies that can ramp up manufacturing and production of UAVs fast have by far the strongest potential to win government contracts and market share in defense. The market offers a lot of potential as the application of military drones has expanded from operations, surveillance, mapping, communication to military equipment delivery. Drones are used more and more in combat operations, and as anti-terrorism weaponry, and this sector should be on the radar of investors as it offers a lot of opportunities.
We’re going to focus on four stocks in the sector today; EPAZ, USDR, BAESY, and ESLT
Epazz, Inc. (OTC: EPAZ) is a mission-critical provider of drone technology, blockchain mobile apps, and cloud-based business software solutions. Its spinoff, ZenaDrone is the autonomous drone monitoring, inspection, and surveillance solution provider. Epazz Holdings is currently prioritizing developing the ZenaDrone 1000 autonomous drone product, a multifunctional unmanned aerial vehicle equipped with machine learning systems, multispectral sensors and AI technology. ZenaDrone uses the data captured from its cameras to create a 3D interactive environment.
On March 23, Epazz announced ZenaDrone was presented in front of various branches of the U.S. military. The military’s response has led to additional flight demonstrations with the U.S. Army.
In addition, Epazz said it is s filing a new international patent for the ZenaDrone 1000 platform, which is separate from the drone smart charging pad patent that it has already received on March 7. ZenaDrone is in the process of qualifying for Green UAS certification, which is a new US government compliance program, a crucial step for becoming a government provider of drone technology.
CEO Shaun Passley, Ph.D., said, “We have picked up the interest of the US Army for flight demonstrations and have discussions, which have been to the next level of other branches of the US military. We are excited about our process and looking to move to the next level of this company.”
Epazz Holding has a significant revenue potential related to government contracts with the US military, particularly once it receives all the necessary certifications.
UAS Drone Corp. (OTC: USDR), a company which designs, develops, and manufactures unmanned aerial systems to the law enforcement, security, oil and gas, cinematography, and agriculture sectors, primarily to customers in the US.
The subsidiary of UAS Drone Corp., Duke Robotics, has launched an IC Drone, a cost-efficient drone technology for conducting routine maintenance of critical infrastructure.
Duke Robotics has also developed TIKAD, an advanced robotic system designed to serve the growing need for tech solutions in the combat field. The proprietary complex kinematic algorithms that TIKAD is equipped with address the need of modern warfare to bear arms remotely on hostile targets without risk to military personnel. TIKAD can handle potentially dangerous situations from the air.
BAE Systems (OTC: BAESY) specialises in aerospace, security, and armaments. It develops security, defense, and aerospace technology systems for use in the air, on land, and at sea, including unmanned systems and drones.
On Feb. 28 BAE Systems unveiled a new uncrewed military aircraft that will be designed, manufactured and armed in Australia. The STRIX uncrewed air system will be capable of air-to-ground strikes, surveillance and reconnaissance in "high-risk environments."
This new UAV will offer support to military helicopters protecting their crews in dangerous environments.
Elbit Systems Ltd. (NASDAQ:ESLT) is an Israel-headquartered technology company, involved in numerous defense, homeland security, and commercial programmes. Its products include unmanned aircraft systems, command, control, computing, and communications (C4ISR), and aerospace, land, and naval systems.
The UK Ministry of Defense has contracted Elbit Systems UK to supply Magni-X micro-Uncrewed Aerial Systems (micro-UAS). The agency’s Defense Equipment and Support's Future Capability Group awarded the contract as part of the British Army's Human Machine Teaming framework.
The Australian Army has awarded Elbit Systems a contract to supply Skylark I LEX unmanned aerial systems (UAS). According to the company, the drones will be equipped with electro-optical and automatic dependent surveillance–broadcast systems to support various missions. Elbit Systems’ Skylark is a fully-autonomous, electric-propelled UAS that features a mission-oriented and intuitive man-machine interface with advanced image processing capabilities and the ability to deliver high-quality video day or night.
Conclusion
The market for military drones has strong drivers, as global military operations switch from relying on manned systems to increasingly relying on autonomous solutions.
This switch is due to a key advantage of military drones - their ability to operate in dangerous or hard-to-reach areas without risking human lives. Investors should pay attention to this growing market segment as it offers plenty of opportunities going forward.
CapitalGainsReport is a financial website for investors seeking nanocap and microcap opportunities. We cover macroeconomic news, sector plays, company news, technical analysis, market action alerts, and catalysts that drive price action. Please visit our site at CapitalGainsReport.com
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View source version on newsdirect.com: https://newsdirect.com/news/drone-sector-to-get-boost-from-expanding-applications-and-budgets-in-military-743731150
Nealio
2 years ago
$USDR - found this older news about the IC Drone collab with IEC.
Found something very relevant on an Israel Elec Coop news search: There was a news story about the IC Drone project back in Nov 2019, in the Yeshiva News. This means the project has been in process a lot longer than I ever imagined; and REVENUE could be very close! In fact there is more info in this article than was disclosed by USDR/Duke...big surprise on that, lolz.
"Israel Electric Company (IEC) has embarked on a pilot program, using a drone to inspect high voltage electric lines. The utility company began the pilot program last week, inspecting electric lines in the area of Alfei Menashe.
Officials explain the drone permits a focused view, thermography testing, finding solutions to hazards, network scanning, measuring and flame detection. In addition, it has the ability to fly while being controlled from a protected vehicle and scan lines in PA (Palestinian Authority) area without risk of the crew, having to leave the vehicle."
https://www.theyeshivaworld.com/news/israel-news/1802409/israel-electric-to-use-a-drone-to-inspect-electric-lines-photos.html
Nealio
2 years ago
UAS Drone’s Subsidiary, Duke Robotics, to Move its Operations to a Science & Industry Park with Adjacent Drone Testing Zone
Press Release | 06/01/2022
Fort Lauderdale, Florida, June 01, 2022 (GLOBE NEWSWIRE) -- UAS Drone Corp. (OTCQB: USDR), a leader in robotics technology and drone solutions, today announced it has signed a lease for a new facility at the recently built Mevo Carmel Science and Industry Park complex near Yokneam, Israel, which has a large adjacent area for drone flying, takeoffs and landings.
"As we continue to evaluate additional applications for our technology, including for its use in the civil market, combined with increasing demand for remote operated drone weapon systems in a time of military tension and conflicts, we are taking steps to meet these growing market needs,” said Yossef Balucka CEO of UAS Drone Corp. “The transition to our new facility in the summer of 2022 will allow for increased operational flexibility and efficiency, and also benefits from proximity to Elbit Systems Land Ltd. with which we have a global development and commercialization agreement.”
UAS Drone’s wholly-owned Israeli subsidiary, Duke Airborne Systems Ltd. and Elbit Systems Land Ltd., signed a Collaboration Agreement in 2021 for global marketing and sales, and production and further development of Duke’s Sniper Drone product. UAS Drone believes this collaboration represents a significant opportunity to expand its global business and product sales.
https://www.otcmarkets.com/stock/USDR/news/UAS-Drones-Subsidiary-Duke-Robotics-to-Move-its-Operations-to-a-Science--Industry-Park-with-Adjacent-Drone-Testing-Zone?id=359538
Nealio
2 years ago
10-Q is out for quarter.
This is great news:
In April 4, 2022, the Company signed a lease agreement for office space in Mevo Carmel Science and Industry Park, Israel for a period of 3 years, with an option to extend the term of the lease for an additional 2 years. The monthly lease payments under the lease agreement, for the first two years, are approximately $5,200, and for the third year approximately $5,400. The monthly lease payments for the option period will be agreed between the parties, with a minimum increase of 5% above the third year’s monthly payments.
Also, an Investor Relations person was hired on a 3 yr contract-
Development and marketing is ramping up; this can only lead to Revenues in 2022-23.
Best to all investors.
Nealio
2 years ago
USDR Extends Warrants to purchase 12,500,000 shares @$0.40 for (8) non-U.S, investors, until Nov 11, 2023.
https://www.otcmarkets.com/filing/conv_pdf?id=15722744&guid=Kn6wk6_mgTlPB3h
As previously announced, on May 11, 2021, UAS Drone Corp. (the “Company”) issued warrants (the “Warrants”) to purchase up to 12,500,000 shares
of the Company’s common stock to eight (8) non-U.S. investors (the “Investors”). The Warrants were exercisable immediately, have a term of 18 months and
have an exercise price of $0.40 per share. On April 5, 2022, the Company and the Investors executed an extension agreement (the “Extension”), such that the
term of the Warrants was extended so that they now expire on November 11, 2023.
This is the original agreement, per the 10-K:
On May 11, 2021, the Company entered into Securities Purchase Agreements (the “Securities Purchase Agreements”) with eight (8) non-U.S.
investors, pursuant to which the Company, in a private placement offering (the “Offering”), agreed to issue and sell to the investors an
aggregate of: (i) 12,500,000 shares of the Company’s Common Stock, at a price of $0.40 per share; and (ii) warrants (the “Warrants”) to
purchase 12,500,000 Company’s Common Stock. The Warrants are exercisable immediately and for a term of 18 months and have an exercise
price of $0.40 per share. The aggregate gross proceeds from the Offering were approximately $5,000. The Company recorded $1,070 of
issuance costs - see below.
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