HOUSTON--(BUSINESS WIRE)--Valmie Resources Inc. (VMRI) announces its joint venture partner – AeroLift eXpress – has entered into a memorandum of understanding (MOU) with Cargo Consolidators Agency Limited, an international logistics company headquartered in Trinidad and Tobago. Under the terms of the MOU, the two companies are holding an onsite visit in Port of Spain, Trinidad, to explore implementing AeroLift’s unmanned aerial technologies for the purpose of pipeline and platform monitoring, coastal security, and air cargo transport in the Trinidad and Tobago regions.
The MOU establishes a framework whereby Cargo Consolidators Agency will work with AeroLift to coordinate a live demonstration that will be held on a Trinidadian Coast Guard vessel. The demonstration will pave the way for AeroLift to begin negotiations for commercial operations in the region.
“We welcome a collaboration with Cargo Consolidators to explore solutions that not only provide accurate and effective detection tools but also a cost effective and safe transport method,” said James Stafford, AeroLift CEO and Founder. “We are expecting more than 50 interested companies from throughout the region to join us this week in Port of Spain as we discuss innovative responses to specific needs.”
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. According to Stafford, 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.
Cargo Consolidators Agency Limited is an independent full service freight forwarding, logistics, and consolidation company specializing in import and export freight, marine insurance and hazardous goods handling and warehousing.
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.
