JACKSONVILLE, FL, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Drone Aviation Holding Corp. (“Drone Aviation”) (OTCQB: DRNE), a manufacturer of tethered drones and lighter-than-air aerostats and SAP National Security Services, Inc. (SAP NS2®), are collaborating on the integration of drone-based video footage into SAP’s on premise and Secure Cloud-based Intelligence, Surveillance and Reconnaissance (ISR) capability portfolio. Combining drone-based video with NS2’s secure “sense making” machine learning functionality will provide analysis capability at the edge, where it is needed most.
Today at the 7th Annual SAP NS2 Solutions Summit, video captured from a drone utilizing Drone Aviation’s FUSE Tether System and cellular LTE backhaul technology will be used in a special event for attendees. SAP’s NS2 event brings together leaders of national security, government, business, research, media, and nonprofits, to engage and share in a dialogue on the critical issues facing the U.S. national security community.
“Our company is excited to have been chosen to work with SAP NS2 and provide a real-world demonstration of the power and impact that persistent drone technology and real-time data analytics can have on security operations,” said Jay Nussbaum, Chairman and CEO of Drone Aviation.
About SAP NS2
SAP NS2®provides innovative computing, analytics, and cloud solutions that accelerate the pace of data fusion, analysis and action. Our solutions help leaders better manage the business of the mission from the back office to the battlefield, delivering a critical offset over the adversary. As an independent subsidiary of SAP, we're backed by game changing technology, staffed by 100% U.S. persons on U.S. soil, dedicated to meeting the unique mission requirements of U.S. national security organizations. Learn more at www.SAPNS2.com.
About Drone Aviation
Drone Aviation Holding Corp. (OTCQB: DRNE) develops and manufactures cost-effective, compact and rapidly deployable aerial platforms, including lighter-than-air aerostats and electric-powered drones designed to provide government and commercial customers with enhanced surveillance and communication capabilities. Utilizing a patented tether system, Drone Aviation’s products are designed to provide prolonged operational duration capabilities combined with improved reliability, uniquely fulfilling critical requirements in military, law enforcement, commercial, and industrial applications. For more information about Drone Aviation, please visit www.DroneAviationCorp.com or view our reports and filings with the Securities and Exchange Commission at http://www.sec.gov, including the Risk Factors included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2017, as well as information in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Forward-Looking Statements
Statements in this press release that are not historical facts are forward-looking statements that reflect management’s current expectations, assumptions, and estimates of future performance and economic conditions, and involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as “believe,” “expects,” “may,” “looks to,” “will,” “should,” “plan,” “intend,” “on condition,” “target,” “see,” “potential,” “estimates,” “preliminary,” or “anticipates” or the negative thereof or comparable terminology, or by discussion of strategy or goals or other future events, circumstances, or effects. Moreover, forward-looking statements in this release include, but are not limited to, those relating to: the ability to support future military needs for advanced voice and data communications applications, the continuation of growing demand for drones for military and state and local law enforcement authorities. The Company’s financial results and the forward-looking statements could be affected by many factors, including, but not limited to, demand for the Company’s products and services, economic conditions in the U.S. and worldwide, changes in appropriations by Congress and reduced funding for defense procurement and research and development programs, and our ability to recruit and retain management, technical, and sales personnel. Further information relating to factors that may impact the Company’s results and forward-looking statements are disclosed in the Company’s filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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