Aether Global Innovations Stock

Aether Global Innovations Corp. (Aether) operates as an innovative UAV drone management and operations services company. The company focuses on three areas for critical infrastructure and large public and private facilities. These three areas include drone management and surveillance monitoring; automation and integration for flight planning, new, innovative sensor payloads, stand-alone power source; and drone base station infrastructure and technology for autonomous self-landing, power charging, and take off.

At Aether, the company concentrates on three core service areas for UAV/Drone management and surveillance solutions:

UAV/Drone Design & Development: The company is dedicated to creating innovative and state-of-the-art unmanned aerial vehicles. The company’s team of experts works tirelessly to design drones that meet the specific needs of its clients.

Automation & Integrations: Embracing the power of automation, the company streamlines drone operations and integrate them seamlessly with existing systems.

Drone Base Station Technologies: The company is at the forefront of advancing drone base station technologies, optimizing connectivity and communication to enhance the performance of UAV fleet.

On October 19, 2023, signed Strategic Joint Venture Partnership MOU with RufDiamond Ltd., a distributor and retrofitter of all-terrain vehicles and equipment built to withstand the harshest of conditions.

The company operates a small Aerospace & Defense component business, Aerowave. This design and manufacturing business is based in Plymouth MA USA. It supplies components to the U.S. government, scientific communities and commercial businesses.

The company's principal business activity through its subsidiary, Plymouth Rock USA (PRT USA), focused on developing technologies related to remotely detecting assault firearms and suicide bombs concealed on the person or a carry bag. The company focuses on detection methods with and without the need for a checkpoint of the suspect who is being screened. The company's planned products encompass the very latest radar, imaging, and Unmanned Aerial System (UAS) technologies for quickly detecting, locating and identifying the presence of threats and for search and rescue missions for law enforcement.

The company operates in one business segment, focusing on developing technologies. The company's revenues were generated in the U.S. and the U.K. were mostly composed of sales of engineering design services and radar components to well-known government agencies and prime contractors. The company serves the Aerospace component market in North America. The company also serves the Military and Defense Unmanned Aircraft Systems market.

Strategy

The company is at the inflection point of moving from design/development of prototypes to Low-Rate- Initial-Production. Commercializing the products is a major step in the company's strategic growth.

Significant Events

On September 26, 2022, the company received an order for supply of drones for light shows from SkyShows Aerial Ltd.

On July 16, 2020, the company began a strategic alliance with Hummingbird Drones' Fire AI division for wildfire analysis from the company's X1 and XV platforms, to get analytics to the fire fighters as close to real time as possible. Hummingbird Drones is an infrared service provider in Canada, and their Fire AI data analytics service has been used as a hotspot detection platform for wildfires.

On October 3, 2022, the company received a follow up from Aspira Aerial Applications for modifications.

Patents and Licenses

In conducting its business operations, the company is dependent on certain proprietary or licensed technology, designs, and other intellectual property. The company holds the United Kingdom patent for the Shoe Scanner technology for a term of 15 years. The patent number is GB2516410.

In October 2020, the company received a Notice of Allowance by U.S. Patent and Trademark Office of patent application No. 16/560,480 for the Method and System for Determining Dielectric Properties of an Object used for the Shoe Scanner.

Government Regulation

The company’s UAS and their operations are therefore subject to the approval by both the Federal Aviation Administration (FAA) and the Department of Transportation (DOT).

History

The company was founded in 2011. It was incorporated under the Business Corporations Act of British Columbia in 2011. The company was formerly known as Alexandra Capital Corp. and changed its name to Plymouth Rock Technologies Inc. in 2018 and to Aether Global Innovations Corp. in July 2023.