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Global UAV Autonomously Launches and Lands a Drone on a Moving Vehicle

Newsfile Corp.
Updated

Vancouver, British Columbia--(Newsfile Corp. - October 9, 2018) - Global UAV Technologies Ltd. (CSE: UAV) (OTC: YRLLF) (FSE: YAB2) (the "Company" or "Global UAV"), a diversified, vertically integrated drone technology company, is pleased to announce that Global UAV and Planck Aerosystems Inc. ("Planck") have successfully performed a fully autonomous landing and takeoff from a moving off-road vehicle with one of Global UAV's research and development UAV's from NOVAerial Robotics Inc. The precision landing and takeoffs are made possible by integration of precision flight control software technology from Planck. The software will enable the Procyon 800E UAV to autonomously take off and land from moving vehicles and marine vessels of various sizes. The specialized landing and takeoff ability, a first for a single rotor helicopter platform of this type, provides real world helicopter surveillance and response capability to a large market of small vehicle and small vessel users including Coast Guards, border patrol, disaster response, environmental monitoring and search and rescue operations. The Procyon 800E is well suited for takeoff and landings from moving vehicles and maritime vessels due to its high speed, high wind tolerance, superior payload capacity and endurance compared to multicopter UAV's.

"The integration of Planck Aerosystems' technology will help position our UAV products as the best in class for fully automated landing and takeoff operations from moving ships and vehicles. The market opportunities for drones that can operate from small ships and vehicles are large and currently underserved. They include public safety and security, government and industrial applications," stated Michael Burns, CEO, Global UAV Technologies Ltd.

"The Global UAV Procyon is a powerful platform for a variety of use-cases on its own, but with the integration of Planck's autonomy software, it has become a game-changing asset for operators in the off-road and offshore environment. Global UAV continues to push the envelope of single-rotor UAV technology, and we're glad to be a part of that effort here at Planck," said Josh Wells, CEO, Planck Aerosystems, Inc.

About Global UAV Technologies Ltd.

Global UAV Technologies Ltd. is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle ("UAV") sector. Through its wholly owned subsidiaries - Pioneer Aerial Surveys Ltd., High Eye Aerial Imaging Inc., UAV Regulatory Services Inc., and NOVAerial Robotics Inc.— Global UAV Technologies Ltd. provides a full spectrum of UAV-based services and products including drone research and development and manufacturing, flight services and regulatory compliance. Global UAV Technologies Ltd. will continue its growth through technology development, expanding the business of its current divisions and the continued evaluation of potential acquisitions. Global UAV is well positioned for growth as a vertically integrated drone technology company.

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About Planck Aerosystems Inc.

Planck's technology enables fully autonomous drone operations from moving vehicles, both offshore and off-road, with minimal installed hardware. The core technology for precision landing on moving platforms without GPS uses artificial intelligence, computer vision, and advanced control systems, all of which have been validated through rigorous field testing. Planck's hardware and software products enables law enforcement officers, military operators, and maritime professionals to improve their efficiency through the use of unmanned systems. Planck was founded in San Diego in 2014 and has a team of engineers, aviators, and business professionals who are all passionate about pushing the future of robotic autonomy in the off-road and offshore environment. For more information, please visit www.planckaero.com.

On behalf of the Board of Directors,

"Michael Burns"
Michael Burns
CEO & Director

For additional information please contact:

Global UAV Technologies Ltd.
Investor Information
Telephone: 1 888-905-7011
Email: ir@globaluavtech.com
www.globaluavtech.com

We invite all shareholders and stakeholders to join the Global UAV Technologies Ltd. portal on 8020 Connect. Connect here http://bit.ly/GlobalUAV

Neither Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement

Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in public markets, service industries, manufacturing and the UAV Sector. As a result, actual results may vary materially from those described in the forward-looking statements.