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Global UAV Technologies Ltd. (CSE: UAV, OTC: YRLLF, FSE: YAB2) (the “Company” or “Global UAV”), a diversified and vertically integrated drone technology company, is pleased to announce its wholly owned subsidiary, Pioneer Aerial Surveys Ltd. (“Pioneer Aerial”) has secured a UAV-MAG™ survey contract in Brazil with the potential for significant survey expansion. This survey marks the first services contract in Brazil for Pioneer Aerial.

With this contract, Pioneer Aerial crews will be flying UAV-MAG™ surveys over 4 continents and 5 countries through the month of November. Operation locations include Serbia, Argentina, Brazil, Canada and Nigeria. 

Brazil is a world-class mining jurisdiction resulting from the combination of experienced labor forces, abundant infrastructure, extensive exploration and mine development potential. Global UAV is well positioned to work in South America offering innovative drone technology solutions to Brazil’s mining and exploration industry, one of the largest globally.

“International UAV-MAG™ surveys represent a significant proportion of Pioneer Aerial’s current and future work flow. This global marketplace growth reflects the disruptive nature of our technology and services, in addition to our rapid global emergence as the leading UAV-MAG™ service provider. Operating drone surveys in 5 countries simultaneously is a great achievement for Global UAV,” commented Michael Burns, CEO, Global UAV Technologies Ltd.

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.

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 https://www.8020connect.com/groups/global-uav-technologies

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.


© 2018 Global UAV Technologies Ltd.
All rights reserved.