Presenting at the Unmanned Systems Institute 2015

RNS Number : 1319J

Strat Aero PLC

15 December 2015

 

Strat Aero plc / Index: AIM / TIDM: AERO / Sector: Support Services

15 December 2015

Strat Aero plc ("Strat Aero", the "Company" or the "Group")

Presenting at the Unmanned Systems Institute 2015

Strat Aero plc, the AIM listed international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle ("UAV") sector, is pleased to announce it will be presenting at the Unmanned Systems Institute (USI) 2015 Conference on the future of unmanned systems. W. Hulsey Smith, Chief Executive Officer of Aero Kinetics, a division of Strat Aero US Holdings, Inc., which is a subsidiary of Strat Aero, will speak on a panel discussion entitled "Future Growth and Innovation in Unmanned Systems" on 16 December 2015 in San Diego, America.  

The discussion will focus on innovations in unmanned systems technology that will become part of daily life worldwide in the next 10, 20 and 50 years.  W. Hulsey Smith will be presenting along with other esteemed speakers such as Keith Kaplan, Chief Executive Officer Tesla Foundation/UAVSA; Helmuth Ritzer, Chief Technology Officer moovel; and Alain Kornhauser, Director of Transportation Program at Princeton University.

According to the USI, "The mission of this educational forum is to drive innovation and the effective use of unmanned technology throughout the private sector, government and commercial industries by bringing together thought leaders and innovators from all stakeholders in the unmanned systems landscape."

The panel presentation will include discussions on envisioning the ways unmanned systems may be used in the future; showing the enormous growth of the industry; understanding how unmanned systems will be "everyday" for future generations; and learning about which technologies are at the forefront of this new way of life.  Strat Aero continues to lead the way in discussions on unmanned systems, with its subsidiary Aero Kinetics having recently released a study on the dangers of toy drones.  Strat Aero focuses on advancements in the emerging Unmanned Aircraft industry for clients across the globe.

Chief Executive Officer of Aero Kinetics, W. Hulsey Smith said "I am thrilled to be part of this exciting discussion on where unmanned systems are heading and the global impact this will have.  Strat Aero is proud to share our vision of the future for these technologies and help others to understand how unmanned systems are changing the world in previously unthinkable ways, as the internet has changed our lives, and will continue to change our lives for decades to come."

ABOUT STRAT AERO:

Strat Aero plc is a multi-divisional international aerospace services company, focused primarily on the provision of complete client solutions in the Unmanned Aerial System ('UAS' market), which is predicted to show exponential growth over the coming decade. Civilian, law enforcement and military applications in UASs are expected to be a dynamic growth sector in the aerospace industry over the next 10 years with the UAS market forecast to grow to more than US$82.1 billion between 2015 and 2025 (AUVSI Economic Report 2013) and the global airborne Intelligence, Surveillance and Reconnaissance ('ISR') market estimated to grow to US$19.23 billion by 2023.

ABOUT AERO KINETICS:

Aero Kinetics is an agile 21st century Aerospace and Defence firm with distinct business units in Unmanned Aircraft Systems, Aviation Engineering and Certification, Special Missions Operations, Aviation Consulting, and Aircraft Maintenance and Management. Founded by W. Hulsey Smith in 2003, Aero Kinetics rapidly delivers aerospace and defence technology, services, and solutions to clients enabling them to maintain technological and operational superiority, by bridging the gap between the conceptual and the tangible.

Aero Kinetics has a proven track record of success, spanning more than a decade. Committed to providing clients with the very best in diversified technologies, Aero Kinetics continues to focus its growth on the commercial sector through internal advancements in emerging markets such as Unmanned Aircraft Systems. As of December 10, 2015, Aero Kinetics was acquired and is now a division of Strat Aero US Holdings, Inc which is the subsidiary of Strat Aero PLC (LSE: AERO).

ABOUT THE UNMANNED SYSTEMS INSTITUTE:

The Unmanned Systems Institute (USI) is the leading organization committed to bringing together private and public sector stakeholders fostering the growth and effective use of unmanned systems technology. Through collaborative efforts, USI provides programs that drive innovation, educate, and provide a critical understanding of how unmanned systems, applications, solutions and hardware can improve culture, society and industry.

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For further information please visit www.strat-aero.com or contact:

Strat Aero plc	Tel: [phone]
Tony Dunleavy (Chief Executive)
Graham Peck (Chairman)
SP Angel Corporate Finance LLP	Tel: [phone]
Nominated Adviser and Joint Broker
Stuart Gledhill Jeff Keating
Beaufort Securities Limited	Tel: [phone]
Joint Broker Jon Levinson
Elliot Hance
Cornhill Capital Ltd
Colin Rowbury	[phone]
St Brides Partners Ltd	Tel: [phone]
Frank Buhagiar Charlotte Heap

Notes:

Strat Aero plc is a multi-divisional international aerospace services company, focussed primarily on the provision of complete client solutions in the Unmanned Aerial System ('UAS' market), which is predicted to show exponential growth over the coming decade.  Civilian, law enforcement and military applications in UASs are expected to be a dynamic growth sector in the aerospace industry over the next 10 years with the UAS market forecast to grow to more than US$82.1 billion between 2015 and 2025 (AUVSI Economic Report 2013) and the global airborne Intelligence, Surveillance and Reconnaissance ('ISR') market estimated to grow to US$19.23 billion by 2023. 

 

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