InvestorsHub Logo
Followers 5
Posts 411
Boards Moderated 0
Alias Born 05/11/2005

Re: None

Wednesday, 08/17/2011 9:32:03 AM

Wednesday, August 17, 2011 9:32:03 AM

Post# of 157299
Initial Testing Confirmed

http://finance.yahoo.com/news/World-Surveillance-Group-iw-1473547712.html?x=0

World Surveillance Group Confirms Initial Yuma Flight Testing Schedule for Argus One UAV
Argus One Testing to Begin August 23, 2011

Press Release Source: World Surveillance Group Inc. On Wednesday August 17, 2011, 9:07 am

KENNEDY SPACE CENTER, FL--(Marketwire -08/17/11)- World Surveillance Group Inc. (OTC.BB: WSGI.OB - News), a developer of lighter-than-air unmanned aerial vehicles ("UAVs") and related technologies, announced today that the Company has confirmed the schedule for the first round of flight testing of its Argus One UAV at the U.S. Army's proving ground facilities in Yuma, Arizona. The flight exercises, which are focused on the aerodynamic and free flight maneuvering of the airship, will commence on August 23, 2011 and are expected to continue for several days.

In preparation for the Yuma tests, the Argus One UAV successfully completed "final flight check" tethered test flights on August 15, 2011 at the Easton, Maryland airport under tower control. Following these test flights, the Argus One has been prepared and packaged for its transportation out to the Yuma proving ground facilities. Once deflated, the Argus One UAV fits in a standard size shipping crate for easy storage and transportation even to remote locations.

Under a contract from Space Florida, an independent special district, body politic and corporate, and subdivision of the State of Florida, following the conclusion of the Yuma flight test exercises, the Company will present the results of the Yuma flight exercises to Space Florida in a performance data package.

The Company intends to provide additional updates following the Yuma flight exercises and plans on adding video and pictures of the airship flying at Yuma on our website www.wsgi.com.

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.