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ONE CLICK GROUP LIMITED — Capital/Financing Update 2019
Apr 7, 2019
64250_rns_2019-04-07_195ed68e-84ad-40cb-894a-06f61df9b2ba.pdf
Capital/Financing Update
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ASX RELEASE
8 APRIL 2019
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US NAVY PURCHASE OF SWARMDIVER
- Aquabotix awarded an approximately US$30,500 contract to supply SwarmDiver system for test and evaluation
Sydney, Australia and Fall River, Massachusetts, USA - UUV Aquabotix Ltd (ASX:UUV) (“Aquabotix" or the “Company”) today announces that it has been awarded an approximately US$30,500 contract for the purchase of its SwarmDiver™ system by the United States Navy. This hardware sale will support test and evaluation activities in contemplation of potentially substantial follow on orders.
Chief Executive Officer of Aquabotix, Whitney Million, commented, “Aquabotix is thrilled to announce its third award involving SwarmDiver and the United States Navy in the year since the product’s launch. While the value of this initial order placement is small, this represents a necessary and meaningful step forward for the Company in conducting its business with the United States Navy. We are proud to have the opportunity for our product to be considered for operational use and are hopeful that this will lead to more sizeable future opportunities.”
Further Information
Whitney Million Chief Executive Officer Email: [email protected] Tel: +1 508 306 9503
About UUV Aquabotix Limited
Based in Sydney, Australia and Fall River, Massachusetts, USA, Aquabotix is an established underwater robotics company which manufactures and sells commercial and industrial-grade underwater drones for commercial, high-end consumer and military applications. It is also the first company globally that is offering commercially-available swarming underwater drones. Please visit www.aquabotix.com
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