UAV Corporation (UMAV)

[nupapa]

More Money!! So this makes $300k in Q4 out of the $900k earmarked for Skyborne
https://www.gulfcoast.edu/discover/board-trustees/meetings/minutes/minutes-november-2020.pdf

Dr. Holdnak stated the budget in Triumph Grant #202, Emergency Regional Training Center, earmarked approximately $900,000 for Skyborne Technology to complete the required flight certifications for specific equipment and miscellaneous support to complete and deploy the the SA-70 airship. Initial payment to Skyborne Technology was approved at the September 2020 board meeting.
Dr. Holdnak stated he received the second invoice from Skyborne Technology in a timely manner but failed to add it to the DBOT meeting materials in the allotted time. He requested board permission to add the payment request to the agenda. If approved, he is recommending board approval for payment to Skyborne Technology in the amount of $123,570, as part of the money earmarked through the Triumph Grant to complete flight certifications. Mr. Roberson motioned to add 5.1a, addendum to Purchase Orders Greater than $100,000 to the agenda and Ms. Kirvin seconded. The vote was recorded as follows: Crisp, aye; Kirvin, aye; Lewis, aye; Millaway, aye; Roberson, aye; Warriner, aye; and McKnight, aye.
Mr. Crisp moved to approve the purchase order to Skyborne Technology, Inc., in the amount of $123,570, for flight certifications, as part of the money earmarked through the Triumph Grant #202. Mr. Lewis seconded, and the vote was recorded as follows: Crisp, aye; Kirvin, aye; Lewis, aye; Millaway, aye; Roberson, aye; Warriner, aye; and McKnight, aye.