Drone Aviation Delivers on $1.7 Million Contract for WASP Tactical Aerostat to U.S. Department of Defense
DRONE AVIATION HOLDING CORP COMMON (DRNE)
NASDAQ:AMEX Investor Relations:
ir.droneaviationcorp.com
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Source: GlobeNewswire
JACKSONVILLE, FL, Oct. 16, 2018 (GLOBE NEWSWIRE) -- Drone Aviation Holding Corp. (OTCQB: DRNE) (“Drone Aviation” or the “Company”), a manufacturer of tethered drones and lighter-than-air aerostats, today announced that it has delivered its multi-mission capable tactical Winch Aerostat Small Platform ("WASP") to the Department of Defense (“DoD”) under a contract award valued in excess of $1.7 million. This award is the third repeat order for the WASP by this customer and is the result of a growing number of successful international deployments with military personnel. Drone Aviation's Winch Aerostat Small Platform ("WASP") is a highly tactical and mobile aerostat system which can be operated by as few as two soldiers and can provide day/night video, secure multi-frequency and multi-wave form wireless communication range extension capability at the edge of
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