HOUSTON--(BUSINESS WIRE)--Valmie Resources Inc. (OTCBB:VMRI) announces it has been named as the exclusive agent in North America for the next generation ALTI Transition. The ALTI Transition unmanned aerial vehicle (UAV) features an advanced and efficient fixed wing system with vertical take-off and land (VTOL) capability.
Valmie and ALTI UAS, the aircraft’s manufacturer, will be co-presenting in Dallas May 8 through 11 at AUVSI’s (Association for Unmanned Vehicle Systems International) XPONENTIAL 2017, where the aircraft will be on display at Booth 841. Event attendees are invited to visit the booth to view the featured state-of-the-art UAV. Teams from Valmie and ALTI UAS will be on hand to answer questions and provide details regarding the bird’s innovative features.
“We are pleased to join ALTI UAS as it expands into North America,” said Gerald B. Hammack, Valmie President and CEO. “ALTI’s products are proven and based on years of experience. We look forward to working closely with this industry pioneer.”
Valmie is incorporating five of the ALTI aircraft as it initiates commercial operations, offering a combination of unmanned vehicles, components, and services.
ALTI officially launched the Transition system across the world last year in conjunction with AUVSI’s Unmanned Systems Technology Magazine, which featured the ALTI Transition as their June/July cover story. Since then the Transition has been well proven with confirmed flight performance and endurance of up to seven hours and 500km range per flight. The Transition is made from the highest-grade materials, using unique proprietary techniques to ensure quality and reliability. A highly advanced aerodynamic design allows for low stall speeds, efficient cruise with very low drag, excellent stability, and extremely low weight. The airframe is completely modular and can be rapidly deployed from case to air in under 10 minutes with only two operators required.
At XPONENTIAL, the global community of leaders in drones, intelligent robotics, and unmanned systems will come together to shape the future of the industry. Thousands of people from all areas of the unmanned industry worldwide will converge on the Kay Bailey Hutchison Convention Center in Dallas to get a look at the latest technology, increase their knowledge about the future of industry policy and regulation, and network with peers.
Interested businesses are invited to visit the Valmie team at Booth 841. Call 832-740-4159 or email info@valmie.com to schedule a meeting during or after the event. To register for the conference, visit the AUVSI XPONENTIAL website at www.xponential.org.
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 unmanned technology industry. Valmie seeks concepts with valid business models positioned to make a significant impact within the four key “mega sectors” of technology: software, hardware, networking, and semiconductors. 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.
For further information visit http://valmie.com
About ALTI UAS
ALTI is an industry leading unmanned aerial systems (UAS) manufacturing and development corporation specializing in producing vehicles with vertical take-off and landing (VTOL) capability. ALTI’s products are based on many years of industry, technology and development experience. The company founder pioneered a range of commercial and industrial multi-rotor systems including the first small UAS with rapid deploy folding airframes, front mounted camera gimbals, and other unique features now found on many other systems.
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.
