Aether Global Innovations Corp.
Signs Strategic Joint Venture Partnership MOU with RufDiamond, Ltd
- a distributor and retrofitter of all-terrain
vehicles
Vancouver, B.C. – October 19,
2023 – InvestorsHub NewsWire --
Aether Global Innovations
Corp. (CSE: AETH) (OTCQB: AETHF) (Frankfurt: 4XA WKN# A2N8RH) ("Aether Global", "AETH", or the "Company"), a drone management and
automation company, announced today it has signed a strategic joint
venture partnership memorandum of understanding (MOU) with
RufDiamond Ltd. ("RufDiamond"), a distributor and retrofitter of
all-terrain vehicles and equipment built to withstand the harshest
of conditions.
The Aether Global and RufDiamond Joint Venture will look to
identify business opportunities to exploit the development,
integration and deployment of an automated drone solution from
RufDiamond's retrofitted all-terrain FatTruck® vehicle
platforms.
"We believe this is going to be a strong partnership between Aether
Global and RufDiamond; expanding on our capabilities in the
autonomous drone space through integration with RufDiamond's
all-terrain vehicles," shared Phil Lancaster, CEO and
president of Aether Global Innovations. "Both companies will
explore a myriad of applications directly from RufDiamond's
signature all-terrain vehicle the Fat Truck. This vehicle can
access areas that are restrictive for many of today's off-road
vehicles. Several clients from each company's sales pipeline have
expressed an interest in an autonomous drone from an all-terrain
vehicle platform, which makes this joint venture very interesting
and opportunistic."
"We believe this joint venture with Aether Global makes perfect
sense for our business and clients," shared Daryl Adams, CEO and
founder of RufDiamond. "Bringing innovative drone management
and monitoring solutions onto one of our extreme, all-terrain Fat
Truck mobile platforms is exciting. This integrated solution will
allow many of our top clients in forestry and wildfire management,
mining, energy, emergency response, government and military to
expand their own coverage areas for monitoring vast properties as
well as infrastructure assets, like pipelines, waterways, forests
and mining sites."
Aether Global and RufDiamond have begun working on the final
details of the Joint Venture Partnership around integrating drone
automation solutions onto the Fat Truck. Both companies
will update the marketplace, clients, partners and shareholders as
market impacting achievements are delivered.
In other news, the Company announced that it has granted an
aggregate of one million incentive stock options to a consultant of
the Company with an exercise price of $0.05 CAD per share for a
period of five years from the date of grant.
About Aether Global Innovations
Corp.
Aether Global Innovations Corp. is an innovative UAV and 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 take off.
www.aethergic.com
About RufDiamond Ltd.
RufDiamond Ltd. is a distributor and retrofitter of all-terrain
vehicles and equipment built to withstand the harshest of
conditions. The Company is committed to a green future and is
working to achieve this through beginning work on developing an
extreme, all-terrain battery electric vehicle (BEV).
RufDiamond service the following industries: mining, energy/power
and utilities, military, emergency response and environmental/land
management. Learn more at https://rufdiamond.com
ON BEHALF OF THE BOARD OF
DIRECTORS
Philip Lancaster, CEO & President
Aether Global Innovations Corp.
info@aethergic.com
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