1. How the bvlos testing went last September in Alberta?
Global UAV holds a BVLOS SFOC for test flights at the Foremost Alberta test range. We have conducted several simulated BVLOS flights internally with visual observers for the purpose of testing equipment and procedures. We have not used the Foremost Test Range to date, as it is expensive and requires significant people and equipment resources. Furthermore, there is no confirmed process from Transport Canada to obtain commercial BVLOS approval, so we are hesitant to invest resources until there are advances in the regulations. Right now, corporate efforts are all focused on efficiency and revenue creation. We look forward to the future opportunity of developing and testing BVLOS equipment and services when the regulation environment opens the doors to commercial activity for these flights.
2. Is Procyon is being produced by a supplier such as ESAERO?
The Procyon production is currently set up on an as-demand basis. If a customer places an order, we will build the helicopter. We have over 12 units built and in use for customers, Pioneer Aerial, various demonstrations and special projects.
3. Could you please provide us with an operational update?
Our services companies continue to be extremely active with recent surveys completed both internationally and domestically. We are currently booking survey work up to 2 months in advance due to the number of signed contracts and survey work we have secured. In addition, High Eye Aerial has experienced increased use of its LiDAR sensor. This is not yet a large contributor to overall revenue, but the opportunities continue to grow and we expect the trend to continue as more exposure is brought to our LiDAR services.
4. Why are you paying for this service that is not being utilized by UAV?
8020 costs us less than $100 per month on the current plan. We believe it is a useful way to engage directly with our investor community. In recent discussions with the 8020 management, we are pleased to learn that a new format will be rolled out to foster progressive interaction between both companies and investors. We fully support this new format and see it as a positive change away from the typical chat-forum layout.
5. How are they making money or are they?
Global UAV's financial performance and revenue figures are reported quarterly and filed. Anyone can access the financial reports via SEDAR. https://sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00007734
6. What are the roles and responsibilities of James Rogers and Andrew Male?
This question has been rolled over to the next question period.
7. Any additional info surrounding the "great results from the business development trip to South America?
The South America business development was in response to a drone challenge put forth by a major multi-national mining company. We were successful in being selected as the winner of the challenge, which set us up as the prime supplier of drone technology to their operations. Unfortunately, the project has been postponed for 2019. However, we are now an approved vendor to the client and in a great position to capitalize on future opportunities with them both in Canada and internationally.
8. What happened to JF Dionne and Ramiro Cotarelo?
We do not comment on the employees or contractors of Global UAV or its subsidiaries. We do however strive to maintain positive relationships with all of our colleagues. The industry is very small in Canada and being a positive player in the space with our current and former employees and contractors alike only increase our network and reputation.
Global UAV Community Manager Message:
Please provide additional questions before Friday, August 9th. The new questions will be provided to Mr. Burns and a purposed timeline will be set for answers. Please allow flexibility on the answer deadlines, as corporate operational needs take precedent, input from other members of the Global UAV team may be required, and/or some answers may require additional approvals.