Wednesday, May 18, 2022 9:42:21 AM
Michael Bannon, Bantec's Chairman and CEO stated: "For the first time we are looking to have Howco sell our product to the U.S. Department of Defense. This will add a new revenue stream to Howco's existing business of acting as a middleman for government sales. We engaged with a drone development company, a NATO company, to investigate the costs and logistics involved in manufacturing battery and fuel operating drones that will deliver explosive devices to eliminate enemy combatants and armed military vehicles. The drones will likely be called the Bantec Hunter and Bantec Hunter Max. Both, when developed, will be able to be used for surveillance and reconnaissance or a one-time kamikaze style mission. We are also investigating the permits and licenses necessary for Howco to enter this market. In light of the current political climate, we believe this has the potential of generating additional sales for Howco in 2022 and beyond."
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Recent BANT News
- Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • InvestorsHub NewsWire • 06/25/2024 02:00:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:06 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 05/28/2024 05:58:11 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/24/2024 04:17:19 PM
- Form SCHEDULE 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 05/20/2024 05:06:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 07:59:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 06:24:48 PM
- Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • InvestorsHub NewsWire • 05/08/2024 02:00:00 PM
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