Published:
Global Aerial Surveillance Announces Successful Test Flight for Its Wraith XD-04E Drone
Aircraft Is Taken Through Advanced Maneuvers, Including Deployment of Parachute-Based Recovery System
Global Aerial Surveillance (OTC: GARS), a
developer and manufacturer of unmanned aerial vehicles (UAV) for both
commercial and military applications, announced today that it has
successfully flight tested the Wraith XD-04E drone. The Wraith is an
all-purpose reconnaissance UAV that runs completely on electric power. The
highly aerodynamic unmanned drone can perform fully autonomous aerial
surveillance missions for up to 4 hours without landing for servicing.
The aircraft's airframe will be constructed of state-of-the-art carbon and
Kevlar composite materials that are very lightweight but also very strong.
The Wraith uses the latest in Lithium Ion batteries for maximum power with
minimum weight as well as a highly efficient and powerful brushless
electric motor. Longer range and alternative fuel models are being planned.
The Wraith will be capable of fully autonomous missions guided by an
internal autopilot and GPS guidance system; no in-flight operator input
will be required to fly the aircraft. The planned Ground Station will be
capable of linking up to 10 aircraft simultaneously, operated by a single
ground technician.
"We anticipate the Wraith to be used as an aerial surveillance platform not
only for military applications, but also for industries such as forestry,
agriculture, search and rescue, and more," stated Craig Cervantes, CEO of
Global Aerial Surveillance. "The Wraith has been designed to be a flexible
platform whether as a stand alone, or used in conjunction with multiple
aircraft and a Ground Station. The applications are limitless, and the
relatively low overall cost, when compared to alternative UAV platforms,
should attract attention from those looking to implement an aerial
surveillance system."
More information, including a test flight video, are available on the
website at: www.globalaerialsurveillance.com.
About Global Aerial Surveillance
Global Aerial Surveillance intends to capitalize on what the company sees
as an opportunity in the civilian and military markets to provide Unmanned
Aerial Vehicles (UAVs) for a myriad of potential applications. Although the
applications for UAVs are numerous, Global intends to concentrate its
development and marketing efforts in small, underserved niches where it can
compete aggressively with pricing and service exceeding the competition.
Global will take a new approach to the development of UAV technology by
making use of advanced composite construction techniques and materials and
incorporating the latest in ultra-light high-speed computer processors to
deliver a flexible, mission-specific UAV to its customers that can perform
various complex missions.
A recent study of the worldwide UAV market concluded that U.S. spending on
UAVs amounted to about 73% of worldwide research and production spending in
2003. The U.S. has dominated this market in recent years, due in part to
the depth of research and wide range of production programs.
Frost & Sullivan, a research group in San Antonio, Texas, forecasts that
the market for UAVs will be worth nearly $5 billion by 2005. Michael Heinz,
who heads Boeing's Unmanned Systems unit, and other executives at military
contractors see an annual market of at least $10 billion by decade's end,
with growth continuing at double-digit rates for a decade or more.
The statements made in this press release, which are not historical facts,
contain forward-looking statements concerning potential developments
affecting the business, prospects, financial conditions and other aspects
of the company to which this release pertains. The actual results of the
specific items described in the release, and the company's operations
generally, may differ materially from what is projected in such
forward-looking statements. Although such statements are based upon the
best judgments of management of the company as of the date of this release,
significant deviations in magnitude, timing and other factors may result
from business risks and uncertainties including, without limitation, the
company's dependence on third parties, general market and economic
conditions, technical factors, the availability of outside capital, receipt
of revenues and other factors, many of which are beyond the control of the
company. The company disclaims any obligation to update information
contained in any forward-looking statement.
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