These are exciting days for Global UAV Technologies Ltd (CSE: UAV, OTCQB: YRLLF, Forum). The Company just reported its first quarterly profit in only its second full quarter of operations. Powering UAV into the black was an 84% increase in revenues over the previous quarter.
A large part of the reason for this bottom-line success are the operations of one of UAV’s subsidiaries, Pioneer Aerial Services. Pioneer is an industry leader in providing its trademark UAV-MAG™ aerial surveys. Magnetometer surveying produces graphical representations which effectively “see” beneath the Earth’s surface. For this reason, such aerial surveying is of particular importance to the mining industry.
Pioneer has attracted an international reputation in the mining industry for the caliber of its imaging and has already conducted its surveys on three continents. The subsidiary recently broke new ground in signing its first contract for UAV-MAG™ surveying in South America.
However, this wasn’t the biggest news for Pioneer over the previous quarter. Last month it reported completing an aerial survey around Pearl Harbor, Hawaii.
With a profitable bottom line, an expanding sphere of operations, and this recent high-profile assignment, Pioneer Aerial is flying high. Stockhouse recently had the opportunity to talk with Michael Burns, the co-founder of Pioneer Exploration Consultants and now the Director in charge of operations for Pioneer Aerial.
FULL DISCLOSURE: Global UAV is a paid client of Stockhouse Publishing.
Cultivating. Innovating. Operating: Discovering the Science of CBD
There’s Gold in Them Thar Hills! The ‘Unique Business Model’ in the Historic Cariboo
The Company that’s Elevating Digital Media to a Whole New Level
Accelerating the Business of Agriculture and Agri-tech
The Company that’s Elevating Digital Media to a Whole New Level
New Copper/Tin Discovery Sparks Promise for Mining Revival in Cornwall UK
AI & IoT Innovations Saving Retail During Coronavirus And Beyond
How Augmented Reality is Driving the New Economy
How Ontario’s Top Cannabis Edibles Producer is Growing During Coronavirus
Crossing the Rubicon into the Super Premium Cannabis Space
PROFIT! Eps. 18: Scott Montgomery CEO WellteQ
PROFIT! Eps. 17: Allan Hartley, CEO of Bay Talent Group
PDAC Interview Greg Rickford, Minister of Energy, Mines, Northern Development and Indigenous Affairs
The Company Creating a Real Buzz in the Exploding Agri-Tech Marketplace
Threat Detection Technology Designed to Save Lives
PROFIT! Eps. 16: Scott Burton, CEO of Askott Entertainment
Forging a New Path into the Medical Cannabis Space
PROFIT! Eps. 15: George Robinson, CEO Ravenquest Biomed Inc.
StockTalk Exclusive! Cannabis Industry Icon Steve DeAngelo
PROFIT! Eps. 14: Craig Goodwin, CEO Naturally Splendid Enterprises Ltd.
Create your
podcast in
minutes
It is Free
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast