QINETIQ TARGET SYSTEMS AND CANADIAN UAVS SIGN MEMORANDUM OF UNDERSTANDING FOR COMMERCIAL AND MILITARY UAV SERVICES IN CANADA

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CALGARY, Alberta – QinetiQ Target Systems, the largest UAV manufacturer in Canada, and Canadian UAVs (CUAVS), Canada’s leading unmanned aviation solutions provider for enterprise and military applications, is proud to announce that they have signed a Memorandum of Understanding (MoU), outlining how the two companies will work together to bring combined ‘best of breed’ solutions for military and commercial markets.

The agreement focusses on providing services to clients requiring long range, endurance and payload capacity primarily with the Skeldar V200, Mosquito UHV-T Group 2 UAV and the class 1 UAV Snyper. With manufacturing and operations facilities in Medicine Hat and Calgary as well as satellite locations across the country including at major naval bases on both coasts, the partnership is perfectly placed to provide direct services for both the commercial, civil and military markets in Canada.

“We are thrilled to partner with CUAVs. CUAVS provide outstanding UAV services and expertise, and we are confident that this partnership will meet and exceed the requirements of our existing and new UAV clients in Canada. We are also actively pursuing export opportunities to further leverage our joint capabilities”, commented Vincent Malley, Director of Business Development at QinetiQ Target Systems.

“Canadian UAVs is delighted to be working closely with QinetiQ Target Systems. They have been a UAS provider to the military for over three decades and we believe our current and future clients will benefit greatly from our comprehensive combined capacity and expertise. We are very excited for the future of unmanned aviation in Canada and we believe this joint offering will have significant positive implications for the further advance of this industry.” said Sean Greenwood, President, and CEO of Canadian UAVs”.

About QinetiQ

Listed on the London Stock Exchange (LSE: QQ.L), QinetiQ is a leading science and engineering company operating primarily in the defence, security and aerospace markets. Our customers are predominantly government organisations including defence departments, as well as international customers in other targeted sectors.
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For further information, please contact, QinetiQ Press Office on Tel: +44 (0) 1252 39 3500 or email: PressOffice@QinetiQ.com.

About Canadian UAVs

Canadian UAVs is a Calgary-based solutions provider focused on safety-first data acquisition for unmanned aerial vehicle applications. CUAVs provides a range of custom and innovative UAV solutions for industrial environments where advanced imaging is necessary for surveying on an iterative or fixed point basis. Using advanced technology to monitor and acquire data about industrial assets, the company provides a viable advantage for clients and enterprises seeking to mitigate risk.

Contact: Sean Greenwood (403) 796-5102 or visit our website: http://CanadianUAVs.ca.