TORONTO, ONTARIO–(Marketwired – May 3, 2017) – Deveron UAS Corp. (CSE:DVR)(CSE:DVR.CN)(CNSX:DVR) (“Deveron” or the “Company“), is pleased to announce that it has commenced flying for the 2017 agricultural season in Canada. Deveron is focused on revenue generating and research driven drone data collection for the growing season in western and eastern Canada as it continues to build an on-demand, enterprise data collection network using drones.
Deveron has recently ordered additional drones, multispectral sensors and hired additional licensed pilots to service key agricultural communities in Canada.
“In 2016, we focused on building credibility and relationships with some of Ontario’s largest farming companies by helping us pioneer the use of drone data in agriculture,” commented David MacMillan, Deveron’s President and CEO. “We are excited to see our initial customers coming back in 2017 with greater data needs and we are also thrilled about the new growth opportunities we see as our network has expanded out west.”
The Company is also pleased to announce that it will be participating at one of the largest drone events in the world: AUVSI XPONENTIAL, in Dallas from May 8th to May 11th, 2017. Deveron’s Head – UAS Agriculture, Norm Lamothe, will be presenting on a panel titled “Remote Sensing Applications in Agriculture: How Drone Data Provides Value to Growers and Researchers” on May 9th, with several other industry experts. More than 7,000 industry leaders and professionals from over 55 countries are expected to attend as the market for unmanned systems – including drones – is poised to experience huge growth.
About Deveron UAS:
Deveron is an enterprise drone data services company focused on agriculture, offering the opportunity to increase yields and reduce costs using sophisticated Unmanned Aerial Systems (“UAS” or “drones”), sensors, software and analytics. Deveron’s drone data service network allows enterprise level customers to obtain on-demand, actionable data without exposure to technology and capital risks. The Company is focused on building a standardized constellation of drones and sensors to provide data in North America.
For more information and to join our community, please visit www.deveronuas.com
This news release includes certain “forward-looking statements” within the meaning of that phrase under Canadian securities laws. Without limitation, statements regarding future plans and objectives of the Company are forward-looking statements that involve various degrees of risk. Forward-looking statements reflect management’s current views with respect to possible future events and conditions and, by their nature, are based on management’s beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world wide price of agricultural commodities, general market conditions, risks inherent in agriculture, the uncertainty of future profitability and the uncertainty of access to additional capital. Additional information regarding the material factors and assumptions that were applied in making these forward-looking statements as well as the various risks and uncertainties we face are described in greater detail in the “Risk Factors” section of our annual and interim Management’s Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedar.com. The Company undertakes no obligation to update this forward-looking information except as required by applicable law. The Company relies on litigation protection for forward-looking statements.
David MacMillan
President & CEO
416-367-4571 ext. 226
[email protected]
www.deveronuas.com
