Press Release: Advanced Aircraft Company Joins the DAV Alliance
FOR IMMEDIATE RELEASE
2018.JANUARY.22
The DAV Foundation Announces Advanced Aircraft Company as first member of the DAV Alliance
TEL AVIV (22 January, 2018) — The DAV Foundation is pleased to announce Advanced Aircraft Company, based in Virginia, USA, has joined the DAV Alliance.
The DAV Alliance is a cooperative organization formed and led by the DAV Foundation. Its purpose is to bring together members of the autonomous vehicle industry so that they may collaborate on standards and innovations for DAV’s global AV network.
Noam Copel, CEO of the DAV Foundation said, “We warmly welcome the Advanced Aircraft Company to the DAV Alliance. Their advanced expertise in aeronautical engineering and their focus on VTOL [Vertical Take Off and Landing] and UAS [Unmanned Aerial Systems] fit very well within the DAV ecosystem. We look forward to collaborating with them and sharing ideas in this space.”
The Advanced Aircraft Company (AAC) is engaged in the design and production of advanced autonomous aerial vehicles meant for both commercial and military use. The AAC team is notable for its breadth and depth in aeronautical engineering and successful unique aircraft design innovations.
“The DAV Alliance is a great strategic fit for AAC. We are focused on long range and endurance platforms and looking for partners to fit into the larger system/solution,” said William Fredericks, CEO of the Advanced Aircraft Company. “Our expertise is in engineering and product development. DAV can help us open markets that might otherwise be a significant challenge to reach.”
The DAV Alliance exists to serve autonomous vehicle companies by facilitating the sharing of knowledge and expertise in technology, markets, and business development.
About the Advanced Aircraft Company
Advanced Aircraft Company is an aeronautical engineering and aircraft manufacturing company based in Hampton, Virginia. AAC produces vertical takeoff and landing (VTOL) unmanned aerial systems (UAS) targeting commercial and military markets.
About the DAV Foundation
The DAV Foundation’s mission is to promote and support research and development of the DAV network, as well as positioning it as the decentralized autonomous vehicle global standard. The organization is guided by the principles of transparency and openness, and invites the DAV community to help build a new way of transporting goods and people around the globe. The DAV Foundation is headquartered in Tel Aviv, Israel, with additional offices in Zug, Switzerland, San Francisco, USA and Vancouver, Canada.
MEDIA CONTACT
John Frazer, CCO, john@dav.network
