TORONTO, July 16, 2018 (GLOBE NEWSWIRE) -- Deveron UAS Corp. (CSE:DVR) (“Deveron” or the “Company”), is pleased to announce that it has been awarded a National Special Flight Operations Certificate (SFOC) for operations of its Rotary-Wing Unmanned Aerial Vehicle (UAV) systems. This SFOC provides Deveron with approval to operate nine additional makes and models in its expanding UAV fleet, meeting common customer demands for increased operational flexibility. The ability to operate across Canada seamlessly provides Deveron with additional capabilities and allows it to further expand its service to all regions as it offers on-demand solutions for growers, plant breeders, and research groups.
“As Deveron continues to expand its footprint, we are excited to be granted the continued privilege of working with Transport Canada at the National level,” commented Deveron’s President & CEO, David MacMillan. “As the use of data collected by UAVs expands across multiple industry verticals and becomes more widely adopted, we are happy to be able to support this growth by providing impactful solutions to our customers”.
Deveron’s drone data service network allows enterprise level customers to obtain on-demand, actionable data. Users can register and upload site information using Deveron’s proprietary drone management platform SOAR, where acquisition of drone data can be ordered anywhere in Canada and in the US-Midwest.
About Deveron UAS: Deveron is a leading drone data services company providing insight in agriculture. Drone data helps farmers reduce costs and increase both yields and profit using sophisticated Unmanned Aerial Systems (“UAS” or “drones”), sensors, software and analytics. Deveron’s drone imagery service network allows farmers in North America to obtain on-demand, actionable data so they can make timely production decisions with the use of ultra high-resolution data. The Company is focused on building a standardized network of pilots, drones and sensors to provide data to decision makers in the farming industry.
President & CEO
Deveron UAS Corp.
416-367-4571 ext. 221
This news release includes certain “forward-looking statements” within the meaning of that phrase under Canadian securities laws. Without limitation, statements regarding future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of agricultural commodities, general market conditions, risks inherent in agriculture, the uncertainty of future profitability and the uncertainty of access to additional capital. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the "Risk Factors" section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedar.com. The Company undertakes no obligation to update this forward-looking information except as required by applicable law. The Company relies on litigation protection for forward looking statements.