01:24:24 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Aether Global Innovations Corp
Symbol AETH
Shares Issued 92,997,461
Close 2023-08-21 C$ 0.05
Market Cap C$ 4,649,873
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Aether Global, Idroneimages enter MOU with Limitless

2023-08-21 18:56 ET - News Release

Mr. Philip Lancaster reports

AETHER GLOBAL INNOVATIONS CORP. AND IDRONEIMAGES LTD. SIGN STRATEGIC PARTNERSHIP MOU WITH LIMITLESS INTEGRATIONS LLC., AN INTEGRATION SOLUTIONS AND DEPLOYMENT SERVICE PROVIDER FOR SAFETY AND SECURITY

Aether Global Innovations Corp. and Idroneimages Ltd. (Idiployer) have signed a memorandum of understanding (MOU) for a strategic partnership with Limitless Integrations LLC, an integration solutions and deployment service provider for safety and security communications and surveillance technologies.

The strategic partnership MOU is non-binding until finalized and will focus initially on collaborative product integrations and deployment with a focus around large-scale facilities and critical infrastructure operations.

Aether Global and Idiployer believe this strategic partnership with Limitless will bring great value in furthering both companies' combined business strategies for supporting property owners in management and monitoring of their facilities, specifically around drone base station infrastructure and technology integrations.

"I have had the pleasure to have known and worked with TJ Dooley and his team for many years," shared Phil Lancaster, chief executive officer and president of Aether Global Innovations. "Limitless Integrations has worked in the field of security integrations for over 25 years, and are experts when it comes to complex technologies around telecommunications, surveillance and security. This partnership fits within the needs of many of our existing partners for integrating their solutions with one another."

"Our team is very pleased about this opportunity to work with Aether Global and Idiployer on this strategic partnership," expressed Mr. Dooley, CEO and founder of Limitless Integrations. "We work with several critical infrastructure businesses, large-scale facilities, all of whom are looking to advance their efforts in drone management and monitoring services. We are confident our team can successfully integrate these solutions together to meet the needs of all our clients."

Limitless, Idiployer and Aether Global have already begun working on the final details of the strategic partnership and are in discussions around solution integrations with several partner technologies. All three companies plan to update the marketplace, clients, partners and shareholders as market-impacting achievements are delivered.

In other news, Aether Global announced that the company has granted an aggregate 2.45 million incentive stock options to officers, directors and consultants of the company. The options are exercisable at five cents per share for a period of three years from the date of grant. The options have been granted under and are governed by the terms of the company's incentive stock option plan. Furthermore, the company has entered into a consulting agreement with Capital Analytica dated Aug. 1, 2023. Pursuant to the agreement, Capital Analytica has agreed to provide services to Aether Global, and the company will pay Capital Analytica a fee of $100,000 for a term of six months. The services will include continuing social media consultation regarding engagement and enhancement, social sentiment reporting, social engagement reporting, discussion forum monitoring and reporting, corporate video dissemination, and other related investor relations services.

About Aether Global Innovations Corp.

Aether Global Innovations (AETH) is an innovative UAV drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include: (1) drone management and surveillance monitoring; (2) automation and integration for flight planning, new, innovative sensor payloads, stand-alone power source; and (3) drone base station infrastructure and technology for autonomous self-landing, power charging and takeoff.

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