03:35:20 EDT Wed 08 May 2024
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Aether Global Innovations Corp
Symbol AETH
Shares Issued 92,997,461
Close 2023-08-02 C$ 0.045
Market Cap C$ 4,184,886
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Aether, Idroneimages form JV with WatchDog

2023-08-03 12:50 ET - News Release

Mr. Philip Lancaster reports

AETHER GLOBAL INNOVATIONS CORP. AND IDRONEIMAGES LTD FORM JOINT VENTURE PARTNERSHIP WITH WATCHDOG EQUIPMENT LLC

Aether Global Innovations Corp. and Idroneimages Ltd. have formed a joint venture business with WatchDog Equipment LLC (WatchDog), a developer, designer and manufacturer of renewable- and non-renewable-powered equipment.

WatchDog, iDIPLOYER and AGI have formed a joint venture to identify business opportunities to exploit the development of intellectual property (IP) through the design and manufacturing renewable and non-renewable powered Drone-in-a-Box (DiaB) solutions that combine existing WatchDog IP and IDIPLOYER DiaB IP. These renewable and non-renewable DiaB solutions will be developed for clients in the security and critical infrastructure space, such as water line, oil and gas pipeline, and electrical grids, for drone management, monitoring and property surveillance.

"We're excited to partner with WatchDog Equipment to bring renewable and non-renewable power options to our customers who manage critical infrastructure and large facilities through drones," stated Phil Lancaster, chief executive officer and president of Aether Global Innovations.

"Our fabrication and manufacturing competency combined with full scale machining, finishes, design and our OEM/ODM capabilities make us the ideal partner for AGI and IDIPLOYER," expressed Jonathan Ritchie, CEO and founder of WatchDog Equipment.

"This joint venture comes at an ideal time as we discuss drone management, monitoring and surveillance opportunities with key players in the agriculture and oil and gas space," shared Peter Campbell, CEO and founder of Idroneimages. "Many of our discussions require renewable power solutions to operate and network with our Drone-in-a-Box solution, and the discussions with Aether Global Innovations and WatchDog made perfect sense to address this customer needs."

All three companies -- iDIPLOYER, WatchDog Equipment and AGI -- began discussions around this joint venture in May, 2023, during the governor's Hurricane Conference in Palm Beach, Fla., and have started the design efforts for deploying the Drone-in-a-Box solution within their WatchDog Equipment towers, as well as discussing United States manufacturing opportunities.

About Aether Global Innovations Corp.

Aether Global Innovations is an innovative UAV (unmanned aerial vehicle) drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include (i) drone management and surveillance monitoring, (ii) automation and integration for flight planning, new, innovative sensor payloads, stand-alone power source and (iii) drone base station infrastructure and technology for autonomous self-landing, power charging and takeoff.

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