InvestorsHub Logo
Post# of 4974241
Next 10
Followers 380
Posts 10471
Boards Moderated 3
Alias Born 09/04/2009

Re: None

Tuesday, 07/13/2010 9:01:24 AM

Tuesday, July 13, 2010 9:01:24 AM

Post# of 4974241
MNDP news http://finance.yahoo.com/news/Mundus-Group-Inc-Announces-pz-3788841298.html?x=0&.v=1

Mundus Group, Inc. (PinkSheets:MNDP) announces UAV Drone subsidiary AirStar International has begun "In House" manufacturing of new Hyper-Lift rotor blade designs to improve efficiency by 66%.
After 25 years of UAV Drone manufacturing, AirStar International has designed a new composite rotor blade "ASI-1170 Blade" for its line of Unmanned Vertical Take Off and Landing Air Vehicles (UAV VTOL's) that promises to improve efficiency by 66%. Three more models each of different size are currently under design and will soon be ready for testing.
"The new AirStar Hyper-Lift-Blade design is a composite 'sandwich' style blade made from Fiberglass resin, Kevlar and Carbon Fibers laced crisscross in an 'X' pattern and fused together. AirStar has manufactured its own blades since 1989, but decided to use 3rd party vendors, since it was less expensive at that time. Recent research required a change of the current blades, and the manufacturers did not want to make changes, therefore we decided to go back and build them ourselves again. This will save considerable time and resources that will improve AirStar's over all production capabilities.
"We are very excited to be expanding our in house capabilities as we are cutting expenses and introducing a breakthrough in technology at the same time. Following years of experimenting, testing and design changes we finally came up with a much more efficient blade than we were able to buy from existing vendors. The new blades are currently manufactured in four different lengths, depending on the payload. The new Hyper-Lift X blades were tested on our standard AirStar Mongoose, and immediately we were able to increase the payload from 15lbs to 25lbs. Now we are designing a new frame and will use a higher-powered engine to test the increased efficiency of a full payload capacity," said Josef Joebstl, AirStar's CEO.
About Mundus Group, Inc.:
The Mundus Group, Inc. (MNDP) is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI). From US Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing revolutionary products with global potential for change that offers economic protection and growth opportunities for investors. Mundus is at the cutting edge of jet turbine-ducted fan technology and fuses state of the art design engineering and a prototyping facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments.
The Mundus Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7719
About AirStar Intl. Inc.:
AirStar has been an innovator and world leader in Unmanned Air Vehicles and Remote Controlled Vertical Take Off and Landing technology for the past 20 years in the design, engineering, development, production and sales of cutting edge remote controlled (RC) unmanned air vehicles (UAVs) for US military, international government and civilian surveillance services, fire and rescue departments as well as world renowned aerial cinematography for movie and commercial production, aerial photography and laboratory / product data testing.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.