JACKSONVILLE, FLA., Dec. 14, 2015 (GLOBE NEWSWIRE) -- Drone Aviation Holding Corp. (OTCQB:DRNE) ("DAC" or "Drone Aviation"), a manufacturer of tethered drones and lighter-than-air aerostats today announced that the WATT-200 tethered drone has been approved by the FAA for operations by a major news organization.
Jay Nussbaum, Chairman of Drone Aviation stated, "We are extremely pleased with the FAA ruling which paves the way for news organizations to utilize WATT to capture compelling video scenes, securely streamed down our armored tether directly to audiences around the world. We look forward to working with an industry pioneer and actively supporting their ongoing efforts to introduce innovative technologies into the broadcast media industry."
DAC's WATT-200 is engineered and manufactured to operate safely in urban environments and securely provide live, broadcast-quality aerial video. The unique, high-strength armored tether connects the aerial vehicle to a ground power source for long flight durations and acts as a leash for additional safety. Unlike hobbyist consumer and "prosumer" drones, the WATT-200 delivers military grade, highly-stabilized HD video even in adverse weather conditions. The robust and easy to operate design of WATT's hardware and software systems are based on years of experience gained from delivering tethered aerostat systems to various U.S. Government and Army customers. The WATT series of systems are intended for a wide range of applications including newsgathering, emergency first responder/search and rescue, military and border protection.
About Drone Aviation Holding Corp.
|
|||||
Drone Aviation Holding Corp. (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 proprietary tether system, the Company's products are designed to provide prolonged operational duration capabilities combined with improved reliability, uniquely fulfilling critical requirements in military, law enforcement and commercial and industrial applications. For more information about Drone Aviation Holding Corp. please visit www.DroneAviationCorp.com or view our reports and filings with the Securities and Exchange Commission on http://www.sec.gov, including the Risk Factors included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014, as well as information about the Company in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Forward-Looking Statements
This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.
A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=38128
CONTACT: Michael Glickman
MWGCO, Inc.
917-397-2272
[email protected]


Genesis Minerals to Acquire Vault in A$5.6 Billion Deal After Regis Withdraws
Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process
Muji Owner Ryohin Keikaku Stock Soars After Raising Full-Year Earnings Forecast
AstraZeneca Shares Sink After Wainua Trial Misses Key Heart Disease Goal
UBS Starts CarTrade Tech With Buy Rating, Sees Strong Earnings Growth and ₹4,000 Target
Mastercard Explores Sale of Majority Stake in UK Payments Firm Vocalink: Report
Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand
Oppenheimer Sees CNH Industrial as Top 2026 Agriculture Stock Pick on Dealer Consolidation Strategy
Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia
Paramount-Warner Bros. Discovery Merger Faces Lawsuit From 12 States
SK Hynix Prices Record U.S. ADR Offering at $149 After $200 Billion Investor Demand
Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI
Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft
Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth
Morgan Stanley Names Marks & Spencer Top European Retail Pick, Sees Strong Upside
DOJ Grand Jury Investigates UAW President Shawn Fain Ahead of Union Election
SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO 



