(Melbourne, Australia, December 7, 2006) An emerging Australian
company is set to revolutionize the unmanned aerial vehicle battle
space after landing a major deal with an American manufacturer.
Melbourne based Recoilless Technologies International Corp Limited
(RTI) will join forces with UAV manufacturer, Tactical Aerospace Group
(TAG) after signing a Joint Commercialization Agreement.
"RTI has the skills and capability to develop a recoilless ballistic
armament system for TAG's UAVs that will not only satisfy the
capability requirements of "Detect First" but combine the much needed
"Strike First" capability without placing valuable human resources in
harm's way or disrupting the flight pattern of the TAG rotary wing
UAVs," Mr. Richard Giza, RTI's Chairman stated. "Although TAG's advanced tactical UAVs have been in high demand, this
new agreement will redefine the level of their war fighting
capabilities and the requirements for all UAVs", Mr. Giza said.
The global marketplace for UAV technology is expanding, particularly in the United States. While UAV technology has played a key role in the US Future Combat Systems requirements, the development of a new Weaponized Unmanned Aerial Vehicle (WUAV), has the possibility of reshaping not only the capability requirements of the United States but other Allied Countries, including Australia, by adding a valuable tactical advantage to existing "Detect First" systems.
"This is simply the first step of the realization of a larger capability enhancement for all Allied Forces," the inventor of the Recoilless Technology Mr. Giza said.
"With the effective elimination and control of recoil, in not only small caliber systems, such as will be used in TAG's UAV products, but also larger caliber weapons systems, defence capabilities will be significantly enhanced. The adoption of this revolutionary recoilless technology is now possible following the successful production of lightweight prototypes and independent ballistic testing," he said.
The deal with TAG follows the announcement of Major General (Retired) Peter Dunn, AO as new CEO of RTI.
"Major General Dunn enjoyed a distinguished career as an artillery officer in the Australian Army and has since gained further extensive experience in both the public and private sectors. He is ideally suited to lead the company in its program of commercialization of Recoilless Technology," Mr. Giza said.
"Major General Dunn has already been associated with RTI for over a year both as a strategic advisor and as a member of the RTI Board," he said.