Family And 'Insiders' Already Own 88 Percent Of The Company's Shares
The board of directors of Helijet International has received a proposal from a Helijet director for a "going private" transaction (the "Transaction"). Insiders and their extended family and one other extended family currently own 88% of the outstanding common shares of Helijet (the "Helijet Shares") and will not participate in the Transaction (the "Non Participating Shareholders"). The Transaction is to be completed on or before September 16, 2019 (the "Effective Date") by the purchase of the approximate 12% of Helijet's outstanding Helijet Shares owned by public shareholders ("Public Shareholders") by one director (the "Purchaser").
The First Co-Located Event Conducted In English And Spanish Explores Drone Industry Development Across The Americas
The Association for Unmanned Vehicle Systems International (AUVSI) will host the Americas Summit at XPONENTIAL 2019 on Tuesday, April 30 from 11 a.m. to 5 p.m. CDT at McCormick Place in Chicago.
New Carrier Board Will Be Available In July Of This Year, Company Says
uAvionix, designer and manufacturer of Communications, Navigation, and Surveillance (CNS) equipment for unmanned and manned aircraft has announced a partnership with CubePilot (ProfiCNC and Hex) designer and manufacturer of the world leading “The Cube” autopilot (Formerly known as “Pixhawk”) for Unmanned Aircraft Systems (UAS) – to integrate ADS-B IN receive capability into its Carrier Board.
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