Local drone company lands military contract

(Courtesy of Jacksonville Business Journal)

Jacksonville-based Drone Aviation Holding Corp. (OTC: DRNE) was awarded Tuesday a more than $800,000 contract for its tethered drones.

An unnamed U.S. Department of Defense customer ordered the Winch Aerostat Small Platform (WASP), a blimp-like drone that can carry equipment for surveillance, reconnaissance and communications. The drone is tethered, ensuring that it has a long-term power supply and a communication line that cannot be jammed. It is soldier-operated and has been already been deployed.

The current WASP includes significant upgrades, including more advanced communications platforms, daylight and thermal optical sensors and secure voice and data network range extension. The drone operates at altitudes up to 1,500 feet, can be operated by as few as two soldiers and can be used to capture video or extend communication range from a set location or while being towed.

“Over the past two years, we have invested significantly into advancing the capabilities of our tethered aerial platform technologies, introducing an array of new products into both military and commercial marketplaces,” said Chairman and CEO Jay Nussbaum. “With this contract, and others we are looking to secure, we believe Drone Aviation is now entering the next phase of its development, one focused on contract sales.”

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