Post by icemandios on Nov 15, 2016 0:58:31 GMT
"Recent Transactions and Events
☐ On October 19, we announced a U.S. Department of Defense contract award potentially worth approximately $200,000 for integration of advanced communications solutions on WASP tactical aerostats
☐ On October 13, we announced an award to supply WATT electric tethered drones to a U.S. Department of Defense customer. The contract, potentially worth approximately $400,000, is the company’s first customer order for the WATT tethered drones
☐ On October 5, 2016, we announced that we were granted U.S. Patent #9,446,858 for Electric Tethered Aerial Platform and System Technology for Drones
☐ On September 30, 2016, we announced a $3,000,000 private placement of convertible promissory notes
☐ On August 25, 2016, we announced an award from a U.S. Department of Defense prime contractor for equipment and services, including WASP tactical aerostat upgraded sensor integration "
Full report here