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Wednesday 09/26/2018
SMALL CAP MARKET NEWS

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Drone Aviation Holding Corp

  • 9:34 AM

    JACKSONVILLE, FL, Aug. 07, 2017, DRNE, (GLOBE NEWSWIRE) — Drone Aviation Holding Corp. (OTCQB: DRNE) (“Drone Aviation” or the “Company”), a manufacturer of tethered drones and lighter-than-air aerostats, today announced that it has secured up to $4 million in new funding and extended the maturity date of its outstanding $3 million convertible note. In addition, the Company provided an update on multiple recent successful product trials and demonstrations. The new financing package was arranged by Chairman and CEO Jay Nussbaum

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  • 10:08 AM

    US Government Customer to Receive Mobile, Tactical, Multi-Mission Capable WASP System Featuring Dual Payload Support and Over 30km Communications Range Extension Capabilities JACKSONVILLE, FL–DRNE, (Marketwired – March 01, 2017) – Drone Aviation Holding Corp. (OTCQX: DRNE) (“Drone Aviation” or the “Company”), a manufacturer of tethered drones and lighter-than-air aerostats, today announced that it has successfully completed the integration of Government-furnished ISR equipment supporting the simultaneous use of communications and optical payload packages onto the Winch Aerostat Small Platform (“WASP”) tactical

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  • 3:35 PM

    First Customer to Receive Upgraded Second Generation WASP Platform JACKSONVILLE, FL, DRNE, — (Marketwired) — 03/07/16 — Drone Aviation Holding Corp. (OTCQX: DRNE) (“DAC” or “Drone Aviation”), a manufacturer of tethered drones and lighter-than-air aerostats, today announced that it has been awarded a multiple unit contract from the Department of Defense (“DoD”) for its Winch Aerostat Small Platform (“WASP”) tactical aerostat system. Production on the contract, valued in excess of $780,000, has commenced. The Gen 2 WASP systems feature a

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  • 1:00 AM

    “The company intends to acquire existing revenue-generating production with proven undeveloped reserves and to evaluate the area surrounding the Cooke Ranch to determine an appropriate strategy in an effort to increase production and cash flow and build reserves through acquisition, exploration, and development drilling.”

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