UAV Corp
Receives Name Change and
Notice of
Airport Improvements
Port St.
Joe-Wewahitchka, FL
-- January 11, 2021 -- InvestorsHub NewsWire
-- UAV Corp
(OTC
PINK:
HTTI) received
notice
from FINRA
that
the name change from Han
Tang
Technology, Inc. to UAV
Corp has
become
effective
January
11, 2021 through Rule
6490. FINRA
completed
its review and processed the request
for the Corporate Action. Further, the New
Symbol change to UMAV,
pending availability for the next 20
business days
will
go
in
effect
February
10, 2021.
"We are excited to now
be operating under a name that is reflective of our business model
and future expansion plans," stated William
Robinson Chairman of UAV Corp.
The
Company is also pleased to announce that
on
January 5, 2021 UAV Corp's
subsidiary,
Skyborne
Technology, Inc. received a
letter from Gulf County
Board of Commissioners stating the
following for the infrastructure start at Costin
Airport:
"Gulf
County has received a Grant award from the U.S. Economic
Development Administration in the
amount of $615,448.00 and has been awarded a Grant from
the
Department of Economic Opportunity in the amount of $489,420.00.
This funding of $1,104,868.00 will be used for the design,
permitting, and construction infrastructure
improvements along Cessna
Drive. The improvements include a paved road, new waterline, new
sewer line, and 3 phase power.
The
County is currently advertising for engineering services
in order to complete the design and permitting of this
project. Once
the
design
is
complete the
County will receive
bids for the construction of these
improvements."
"We are thrilled by
the Federal and
State Grant's in support of the UAV
Corp/Skyborne project".
stated
Jim McKnight Director of the Gulf County
EDC. "Those funds
will allow Gulf County to
provide the infrastructure necessary for UAV Corp's
hangar project and serve as an incentive to other
aerospace businesses
considering locating in our community."
"We are
extremely excited and thankful for Gulf County, Florida to
obtain the Grant financing
for the build of the infrastructure at Costin Airport. This was a
critical piece to run in parallel of the build of the new airship
and drone hangar as this
will be
the largest building in Gulf County," stated
Michael
Lawson, CEO of UAV Corp/Skyborne
Technology.
About UAV
Corp
UAV
Corp (HTTI)
is a Research and Development holding company with a focus on
Communication Aerospace and Environmental Solutions. Researchers
at UAV Corp
are
actively engaged in solving transformative
problems for the government
and commercial clients. We are working on a wide range of topics
including but not limited to advanced communication, Airship and
Drone Technology and low altitude analysis of carbon dioxide (CO2)
conversion, new energy processes,
biomass conversion, energy efficiency crop and mining
management.
About R Squared Technologies,
Inc.
R Squared
Technologies, Inc., a technology
company that has developed the SENTINEL
a man
portable communication network between wired and
Wi-Fi enabled devices within a secure
network. It can be used for
both defense and emergency management applications.
The SENTINEL provides an immediate
command and control network and provides a communication solution
in response to a variety of adverse
circumstances, including severe
weather, natural disasters, power outages or even a hostile
attack.
About Skyborne Technology,
Inc.
Skyborne
Technology, Inc.
has
significant investments in research & development of
Intellectual Property and proprietary
designs in areas
covering
semi-rigid and rigid
airship
design, reverse-ballonet technology, mooring and hybrid
propulsion that
have
competitive
advantages for both its Spherical and Cylinder Class
tether/airship
designs.
Skyborne Technology
has a
manufacturing facility in Wewahitchka, Florida
and owns the airport in
Port St. Joe, Florida for manned and unmanned operations.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION:
This news release includes certain "forward-looking
statements" under applicable US
securities legislation. Forward-looking
statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable, are subject to known
and unknown risks, uncertainties, and other factors which
may cause the actual results and future events to
differ materially from those expressed or implied by such
forward-looking statements. Such factors include, but are not
limited to: general business, economic, competitive, political and
social uncertainties; delay or failure to receive
board, shareholder or regulatory approvals, where
applicable and the state of the capital markets. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from
those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future
events or otherwise, except as required by
law.
Contact:
UAV Corp
OTC: HTTI
Billy Robinson, Chairman
504-722-7402
Email: brobinson@uavcorp.net
www.uavcorp.net
Deborah Cheek,
Communications Director
850-588-1747
dcheek@uavcorp.net