MRO Magazine

Drone USA, Inc. Announces Appointment of New Chief Technology Officer


June 15, 2016
By Business Wire News

NEW YORK

Drone USA, Inc. (OTC Markets: TWDLD) (“Drone USA” or the “Company”), a developer and manufacturer of low altitude Unmanned Aerial Vehicles (“UAV”) and related technologies, today announced that Dr. Rodrigo Kuntz will join the Company as its Chief Technology Officer, effective, June 1st, 2016.

In the position as Chief Technology Officer, Dr. Kuntz will be responsible for assuring that the Company’s technological road map is cohesively integrated with its business strategy, identifying opportunities and risks for the Company, managing Drone USA’s research and development department, monitoring technological and social trends, participating in corporate governance, communicating the Company’s technology plan to partners, management, and employees, and maintaining current information regarding technology standards and maintaining compliance with applicable regulations to which the Company is subject. Dr. Kuntz will report directly to the Company’s Chief Executive Officer, Michael Bannon.

Michael Bannon, Chief Executive Officer of Drone USA, stated: “We are delighted that Dr. Rodrigo Kuntz has joined us as CTO. Dr. Kuntz is familiar with our company, aligned with our business model, and shares in our long-term strategic vision. Dr. Kuntz’s vast experience in the development of leading-edge technologies, and his knowledge of the UAV industry will prove invaluable as we advance in our expansion, and continue to execute our business plan. Dr. Kuntz is a proven leader in the industry, and we welcome him to our team.”

Dr. Kuntz comes to Drone USA with over 15 years of experience in aeronautical development and production, with a strong emphasis in autonomous systems. Since 2009, he has served as Chief Executive Office of BRVANT Technologic Solutions (“BRVANT”). BRVANT is a Brazilian-based developer and manufacturer of remotely piloted, unmanned systems for aerial, terrestrial, and fluvial applications, embedded systems and simulators for civil and military clients and as previously announced on June 1, 2016, has entered into a joint venture agreement with Drone USA.

In his role as Chief Executive Office of BRVANT, Dr. Kuntz oversaw the successful deployment and production of innovative autonomous systems for a number of domestic and international customers. Applications ranged from military and civil protection to commercial applications while performing aerial, terrestrial, and water-based missions.

Prior to joining BRVANT, Dr. Kuntz served as a Product Development Engineer from 2002 to 2009 at Embraer (NYSE:ERJ), a Brazilian aerospace conglomerate that is listed on the New York Stock Exchange and produces commercial, military, executive, and agricultural aircraft. Embraer delivers a variety of aeronautical services and while with Embraer, Dr. Kuntz was responsible for the development of electronic and software systems for military and civil aircraft.

Dr. Kuntz has a proven and robust academic background in Computers & Electronics Engineering, Robotics, Lasers, Virtual Reality and Aeronautical Systems, having obtained his Bachelors in Computer Engineering, and his Masters and Doctorate degrees from the prestigious Technological Institute of Aeronautics (“ITA”) located in São José dos Campos, Brazil. ITA specializes in science and technology in the aerospace sector, and has been ranked as one of the top premiere engineering schools in Brazil. Dr. Kuntz has also received several technical specializations and published numerous technical articles on the subject of robotics and unmanned systems.

About Drone USA, Inc.

Headquartered at One World Trade Center in New York, New York, Drone USA plans to become the primary developer and manufacturer of low altitude unmanned aerial vehicles (UAV) and related technologies. The Company is forming powerful global sales channels through acquisition and by retaining a team of industry experts. Target markets include non-U.S. militaries, civil defense organizations, police and select commercial applications. The Company plans to strengthen its systems portfolio by acquiring UAV firms with superior technologies that are proven in desired high-growth markets and applications.

For additional information about Drone USA, please visit www.drone1usa.com.

Forward-Looking Statements

Certain statements in this press release may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward looking statements are generally qualified by terms such as: “plans, “anticipates,” “expects,” “believes” or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the company’s business plan and filings with the OTC Markets Group.

Drone USA, Inc.
Michael Bannon
Chief Executive Officer
mike@drone1usa.com
or
Dennis Antonelos
Chief Financial & Operating Officer
dennis@drone1usa.com