Bantek Inc (BANT)

[ProfitScout]

BANT management has already demonstrated that the company can win drone contracts to first responder customers with repeat orders as detailed in the recent news below. These are the most demanding types of customers who would never be buying products from a source that was now high quality and very dependable. The new BANT plans to market attack drones for national defense applications is a natural follow through to the company's established drone sales programs.

$BANT Purchase Orders for Drone Parts from Repeat Customers
May 3, 2022

Little Falls, N.J., May 3, 2022 /PRNewswire/ -- Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the "Company"), Bantec, Inc., a product and services company, announces that its subsidiary Drone USA received purchase orders to supply drone parts to repeat customers.

Michael Bannon, Bantec's Chairman and CEO stated: "We see police and fire departments starting to embrace and add drone technology to their crime fighting arsenals. Three years ago, I presented the idea of adding drone technology to a group of police chiefs. Most were not interested. This reluctant sentiment is beginning to dissipate. Drones add efficiency and make dangerous situations safer. Typically, we see departments with one or two technically savvy individuals having some drone knowledge and experience. Their higher ups are allowing these individuals to setup and run drone programs. Many have reached out to us for guidance. As the police and fire drone market grows, we believe creating a drone franchise makes good business sense and will increase revenue in 2022 and beyond.

About Drone USA

Drone USA offers full-service drone consulting, from helping you purchase the right UAVs and accessories, to getting you trained, practiced, and licensed. Whether you're a private security team, police force, or government department, our huge selection of drone technology and training programs will ensure that your team flies smarter, safer, and with the precision of seasoned drone pilots.

Drone USA: http://www.droneusainc.com

About Bantec

Bantec, Inc, a product and services company, through its subsidiaries and divisions sells to facility managers, engineers, maintenance managers, purchasing managers and contract officers who work for hospitals, universities, manufacturers, commercial businesses, local and state governments, and the US government. Our difference that matters consists of establishing lifelong customer and supplier friendships, responding immediately to our customers' needs, and providing products and services through a highly technically trained, motivated, and incentivized workforce.

Forward-Looking Statements

Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses, or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans, "anticipates," "expects," "believes" or similar words. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in our Form 10-K filed with the U.S. Securities and Exchange Commission.

Contacts:

Michael Bannon
Chairman & CEO
[e-mail]

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