Cyber Defense Systems Signs LOI And Reseller Agreement With V-TOL Aerospace

UAV NEWS

CyberScout

St. Petersburg FL (SPX) Oct 05, 2005
Cyber Defense Systems has announced it has signed a letter of intent and reseller agreement with V-TOL as the two companies will look to enhance each other in the global marketplace.

The new entity will be called Cyber Aerospace Australia, and will be a joint venture to manufacture and develop a family of unmanned air vehicles.

Located in Brisbane, Australia, the ownership will be divided 50/50 between the two parent corporations. The Board will consist of four members, two from Cyber Defense Systems and two from V-TOL. The position of Chairman of the Board will be rotational.

Cyber Defense Systems will provide VTOL with solutions that will bridge capability gaps that may be created by a customer's mission requirement.

Such solutions may include, but are not limited to: high altitude unmanned aerial vehicle technology, fixed wing airship technology, and multi-use platform vehicle technology. These technological solutions will be critical to the continued development of the Joint Ventures next generation robotic air-platforms.

The first project to be developed will be the next-generation CyberScout. This composite jet turbine version of the current flying prototype CyberScout. The project has been fully funded with the full production scheduled to begin in approximately 6 months.

The new CyberScout over all dimensions will be approximately 90" by 90", weigh 70 lb fully fueled, have 1 hour of flight time, 40 lbs of payload including fuel with a 250 Knots top end airspeed.

The newly formed entity will enable Cyber Defense Systems & V-TOL to pursue Capital financing both in USA and within Australia and through grant programs in each country.

We are delighted to have partnered with V-TOL for the design, development and implementation of our line of UAV's," commented Mr. Billy Robinson, CEO of Cyber Defense Systems.

"Their design and support of next-generation airborne platforms is unparalled in the industry, and we look forward to developing the world's most sophisticated UAV's, added Mr. Robinson."

Mark Antonio Xavier, Managing Director, V-TOL Aerospace, commented, "With the recent agreement to become the CyberBug reseller and entering into the LOI, we look forward to our newly formed partnership with Cyber Defense and believe our complementing technologies will enable us to deliver low-cost defense and communication technology solutions to the world."

UAV NEWS

IntelliTech's Vector P Completes Successful Agricultural Test Flight

Bowie MD (SPX) Oct 05, 2005
IntelliTech Microsystems has completed a successful test of its Vector P unmanned aerial vehicle (UAV) in an agricultural monitoring application, it was announced by Steve Fujikawa, President of IMI.

SUPERPOWERS Walker's World - The West's Big Threat U.S. Experts Fear Russia-China Axis US Pushes Japan To Break Deadlock Over Relocation Of Air Base Corridors Of Power: Return Of Diplomacy	NUKEWARS South Korea Wants "Active" Steps Before Six-Way Talks US, North Korea Hold Direct Talks On Nuclear Weapons Iran Will Resume Nuclear Talks, But Questions Persist: IAEA Chief US Denies Urging Russia To Freeze Nuclear Cooperation With Iran
MISSILE NEWS India Tests Surface-To-Air Missile BAE SYSTEMS 70mm Laser-Guided Rocket Achieves Two Direct Hits South Korea To Develop New Missile Raytheon NLOS-LS Enhanced Precision Attack Missile Seeker Approved As Baseline Capability	MISSILE DEFENSE Bulava Tests Boost Russia's Confidence Against BMD Northrop Grumman Completes First Hardware and Software Integration For SBIRS AEGIS Weapon System Successful In Ballistic Missile Tracking Exercise Team Completes First Mission For MDA's Targets And Countermeasures Program
AEROSPACE NGC Awards International Contracts For F-35 Joint Strike Fighter Nigeria To Buy Fighter Planes From China First Joint Air Dominance Center In The World To Open China's Top Airplane Maker Aims To Become Major Global Player	UAV NEWS IntelliTech's Vector P Completes Successful Agricultural Test Flight Cyber Defense Systems Signs LOI And Reseller Agreement With V-TOL Aerospace NGC Accepts First Production Unit Of New Global Hawk Sensor Suite U.S. Customs & Border Protection Makes History With Launch Of Predator B UAV
IRAQ WARS Bush Describes Strategy For Victory In Iraq Iraqis Slam New Constitution U.S. 'Lacks Moral Authority' In Iraq Outside View: America's Mideast Future	MILTECH BAE Systems Displays Armed Robotic Demonstrator At AUSA DRS Tech To Provide Embedded Hull Diagnostics Systems For US Army Vehicles US Army Soldiers Test New Weapons In Germany Raytheon Increases Army Sensor Commonality Via $180M Upgrade Of 872 Vehicles

The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement