“Our first quarter as a public company consisted of laying the groundwork for growth by making strides on many fronts, including our products by launching the IQ Nano autonomous AI drone and starting our first paid inventory management trial with a significant multinational customer. Our four acquisitions added considerable recurring revenue and functionality to enhance our drone solutions. We achieved a regulatory win to commence our aerial operations and testing, operation expansion and manufacturing in Arizona. Establishing a components and sensor manufacturing office in Taiwan will ensure low cost and compliant supply for our drones enabling us to become a U.S. military approved supplier,” said CEO Shaun Passley, Ph.D.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZENA: