HOUSTON--(BUSINESS WIRE)--Valmie Resources Inc. (VMRI) announces its joint venture partner – AeroLift eXpress – is preparing to head to Trinidad and Tobago for a meeting with that nation’s civil aviation authority to finalize plans for a demonstration flight of its unmanned aerial transport service.
AeroLift is planning the trip in anticipation of signing a memorandum of understanding (MOU) with an international logistics company based in Trinidad. The company has shown strong interest in working with AeroLift to coordinate a live demonstration flight, which will be held on a Trinidadian Coast Guard vessel. The demonstration will pave the way for AeroLift to begin negotiations for commercial operations with the company.
“While in Trinidad, we will meet with various additional companies who welcome this type of technology,” said James Stafford, AeroLift eXpress CEO and Founder. “Following the signing of the MOU and issuing of the waiver by the Trinidad and Tobago Civil Aviation Authority to hold the demonstration, we look forward to quickly moving toward operational status.”
AeroLift is an unmanned aerial transport service with the capacity to deliver payloads of up to 14 pounds at an operating radius of 250 miles. Stafford says AeroLift’s unmanned aerial system will permit operation in challenging seas and terrain, along with the efficiency, speed and range of a fixed-wing aircraft.
“After decades of costly over-water helicopter and marine transport in demanding conditions, AeroLift offers an innovative delivery solution that is safer and more economical,” said Stafford.
About Valmie Resources (OTCBB: VMRI)
Valmie Resources is a U.S. company actively pursuing opportunities for the commercialization of leading edge products and services in the rapidly expanding technology industry. Valmie brings operating talent, tools, and leadership to emerging companies in these sectors, promoting industry awareness and developing economically sustainable partnerships while increasing shareholder value.
Valmie has received a Section 333 Exemption from the Federal Aviation Administration (FAA) to perform commercial drone activities within the U.S. National Airspace System. With professional grade equipment and pilots, Valmie intends to use the exemption to commercially operate unmanned aerial systems for agricultural applications, search and rescue operations, power line and pipeline inspections, infrastructure surveying, and imaging to increase the effectiveness of data collection, storage, and analysis.
For details, visit http://valmie.com.
About AeroLift eXpress
AeroLift eXpress is a privately held tech start-up that offers increased productivity, reduced operating costs and lower risks by providing elite unmanned aerial transport to the world’s most inaccessible locations.
AeroLift eXpress is led by a team of military trained pilots, mission commanders and specialists with more than 60 years of combined aviation experience during successful military campaigns. AeroLift’s aircraft are military grade construction, adapted for commercial applications. Together with state of the art ground control stations and flight control software, AeroLift’s platform has been demonstrated during more than 100,000 flight hours in wartime conditions.
For details, visit http://www.aeroliftexpress.com.
Forward-Looking Statements
Certain information provided in this press release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast" and similar expressions are intended to identify such forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. You can find a discussion of those risks and uncertainties in our EDGAR securities filings with the Securities and Exchange Commission. Such factors include, but are not limited to: general economic, market and business conditions; fluctuations in the technology market; the results of product development and the result of our efforts to develop strategic relationships, partnerships and potential acquisitions that are in line with our business model; outcome of partnership negotiations; the uncertainty of market estimates; changes in environmental and other regulations; risks associated with retail operations; and other factors, many of which are beyond the control of the Company. There is no representation by Valmie Resources that actual results achieved during the forecast period will be the same in whole or in part as those forecast. Except as may be required by applicable securities laws, Valmie Resources assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.
