Bravatek Announces License Vehicle Development Model: Providing Additional Revenue Stream

AUSTIN, TX, June 27, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Bravatek Solutions, Inc. (OTC Pink: BVTK) (“Bravatek” or the “Company”) announced it has developed a rigorous LVD (License Vehicle Development) process which should enable to Company to release more revenue at higher profitability levels. The LVD can be used in conjunction with the Company’s Marketing Alliance Partners and new Alliance Partnerships. 

The LVD begins with the “Pre-Development” Phase. Under this initial step, the Company identifies novel, yet far-reaching technologies. The Company pursues IP/Asset protection, including but not limited to trademark and patent protection. The second phase is a rapid “Product Development” Phase. In this second phase of the LVD, the Company, in conjunction with a potential alliance partner, develops the prototype and any germane manufacturing specifications. The third phase involves the Development of the Business Model, including the Technology Readiness Level (TRL) and MRL (Manufacturing Readiness Level) and various potential licensing opportunities. It should be mentioned that the Company’s executives have substantial experience in “cherry-picking” technologies from a multiple of sources (including, but not limited to governmental laboratories).  In addition the LVD can take as little as 2-3 weeks’ time to complete in many instances.

With the completion of this three (3) - phase LVD process, Bravatek will leverage our existing network to reach potential early adopters of our proprietary and partner solution, in order to plan to further build our sales funnel. We have full access to Asian and European markets, as well as easy access to Wall Street firms and Legal firms around the United States. We also have a current database of over 200,000 decision makers in a variety of industries, as well as access to potential strategic partners around the world.

Through our partners like Google and others, we have access to well over 8 million contacts globally. We intend to continue growing our partner program to further diversify our offering portfolio and extend our marketing reach.  Partnerships require less sales & marketing resources than direct sales, while providing additional revenue potential. Our leadership team has established relationships with government primes to rapidly team on government proposals and gain access directly to potential government clients.  Also, as part of our public sector strategy, we will pursue government development contracts in the US, Canada and allied countries.  

About Bravatek Solutions, Inc.

Bravatek Solutions, Inc. is a high technology security solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both physical and cyber-attacks through its offering of the most technically advanced, cost-effective and reliable software, tools and systems.
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