Innovative companies continue to be on the forefront of several themes being pursued by investors and this morning, UAV Corp (OTC: UMAV) could be the company to keep an eye on. On Wednesday the company was in the news cycle after it made an announcement with regards to the progress made in one of its projects.
SKY Hangar Project Update
The company announced yesterday that it had made significant advancements in its SKY Hangar Project and land clearly had been officially flagged off at the Costin Airport, an asset entirely owned by UAV Corp. In the news release, the company announced that the latest development signified the first significant step with regards to the groundbreaking of the advanced facility in the first fiscal quarter of 2025. It was also stated by the company that the facility in question would also have major influence in the future of LTA (Lighter Than Air) Drone Technology.
Further News
The company noted that the new facility was not going to be just another run of the mill hangar but an advanced facility which would make a major impact on innovation in the aerial sector. At this point, it remains to be seen if the UAV Corp stock gets any traction from investors.
Key Quote
“This isn’t just another hangar—it’s a cutting-edge facility designed to revolutionize aerial innovation. We are moving full speed ahead, and today marks the true beginning of something extraordinary,” said Michael Lawson, CEO of UAV Corp.
Technicals
| +/- EMA(20) | 0.0458 (-25.76%) |
| +/- SMA(50) | 0.0275 (+23.64%) |
| +/- SMA(200) | 0.0126 (+169.84%) |
| 5-Day Perf. | -5.56% |
| 1-Month Perf. | +335.9% |
| 3-Month Perf. | +608.33% |
| 6-Month Perf. | +295.35% |
| YTD Perf. | +385.71% |
| 1-Year Perf. | +476.27% |
| RSI(14) | 47.24 |
| ATR(14) | 0.02 |
| ADX(14) | 50.27 |
| Beta (5Y) | -0.76 |
