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Valmie Announces Launch of Aerolift eXpress at OTC

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Published May 3, 2016 4:03 PM by The Maritime Executive

Valmie Resources Inc. (OTCBB: VMRI) announces the launch of Aerolift eXpress, an elite unmanned transportation service that operates using military grade vehicles and systems. With a focus on the energy sector, the joint venture partnership between Valmie and the privately held tech startup was disclosed today at the Offshore Technology Conference (OTC) in Houston. Valmie is a development stage company dedicated to the rapid commercialization of leading edge unmanned aerial system (UAS) technologies and solutions.

"Currently, Aerolift can deliver a sizeable payload of up to 14 pounds within an operating radius of 250 miles, with plans to increase the payload size to as much as 80 pounds in subsequent development phases," said James Stafford, Aerolift eXpress CEO and Founder. "This exceptional capability puts Aerolift in a prime position to become a global market leader."

"This exciting joint venture will allow Valmie to provide leading edge military technology to the energy sector worldwide, while creating synergy that is expected to propel company growth and increase market share," said Gerald B. Hammack, President and CEO of Valmie Resources. "We anticipate Aerolift's innovative solutions will not only drive economic benefits but also add to industry best practices."

"Aerolift eXpress is highly pleased about entering into this collaboration," said Stafford. "Our know-how within areas such as executing under challenging conditions and providing anti-tampering monitoring will result in Aerolift becoming a high performance solution for the energy sector while contributing to mutual company expansion."

Valmie holds a 333 Exemption to operate unmanned aircraft within the U.S. National Airspace System and is authorized to conduct commercial operations such as aerial based agricultural applications, search and rescue operations, power line and pipeline inspections, infrastructure surveying, and aerial imaging.

OTC is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters. The conference is taking place from May 2 through May 5. Founded in 1969, OTC's flagship conference is held annually in Houston and is the city's largest convention.

The products and services herein described in this press release are not endorsed by The Maritime Executive.