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Re: mide post# 142935

Friday, 12/21/2012 9:52:03 AM

Friday, December 21, 2012 9:52:03 AM

Post# of 157299
MIDE, from the Arrowhead report....talks about "Partners" we are working with.....I'm not sure it these are still relevant but...


WSGI is currently working with partners on the
ARGUS ONE development: L-3 Communications
Inc., a leading U.S.DoD contractor, for
communications equipment development and
Eastcor Engineering for technical development.
WSGI was awarded a US$200,000 contract from
Space Florida to create a Performance Data
Package in connection with the flight testing of the
ARGUS ONE in the U.S. WSGI also received
approval from the Department of Defense for the
testing of the ARGUS ONE.


- The company has strong relationships with commercial and established companies such as L-3
Communications, Eastcor Engineering, Elisra and military organizations such as the OSD. Eastcor is
the lead contractor to conduct operations for ARGUS ONE UAV program. Eastcor is experienced in
the design and build of specialized miniature electronic devices for use in surveillance and tracking
for the various US Government Agencies. It also has a technological relationship with L-3
Communications (C2S2 Division), a prime contractor in command, control and communications,
intelligence, surveillance and reconnaissance, and electronic systems, among others. WSGI and
C2S2, along with Eastcor, are collaborating on preparation of the Argus One airship for additional
testing and demonstrations to potential Government customers. Given the nascent stage of its
operations, WSGI’s partnerships with established players could help introduce the company or
sponsor it for prospective projects of the military.


WSGI Corporate Strategy
WSGI aims to penetrate the market of commercial and government customers by providing its unique
aerial platforms to carry advanced ISR Sensor and/or Communications payloads. Its objective is to bring
its first production model Mid Altitude UAV, ARGUS ONE, to market in Q2 2011 and thereby generate
additional sales revenues for the company. It further aims to continue with the development of the
SkySat UAV, its various larger Robotic UAV airships and its high altitude airship, the STRATELLITE.
WSGI has undertaken the following steps toward the accomplishment of its objective:
- Built a partnership with L-3 Services, Inc. to work jointly on preparing the ARGUS ONE UAV, so as to
render it marketable by Q2 2011
- Further collaboration between the company and L-3, with Eastcor Engineering, for additional testing
and demonstrations to potential Government customers
- Acquisition of US Defense Contractor GTC, to whom the company had last year sold a 50% interest
in its SkySat program. GTC, a leading provider of satellite-based asset tracking and monitoring
services for governments and commercial users, has also made equity investments in WSGI, the
proceeds of which are being used to fund its R&D activities
- Working with other defense contractor and technology companies including Globalstar and Elisra
(Elbit Systems)and others


Partnerships
WSGI is currently working with multiple
dedicated partners on WSGI’s UAV program.
These partners each contribute a unique set of
attributes and all share the common goal of
delivering a solution to the customer.

a. L-3 Corporation, Command &Control System
and Software a Division of L-3 Services, Inc.
under contract, L-3 has currently provided
nearly US$0.25MM in ISR equipment at no
cost to WSGI for integration into the ARGUS
ONE UAV. L-3 has also agreed to:
- provide their approved ground station
- execute operations for demonstrations of
ARGUS ONE
- market the integrated systems to its
customers
- conduct demonstrations to various
potential clients

b. Eastcor Engineering – currently company’s
main contractor for work on the ARGUS ONE
and SkySat UAV. Eastcor interfaces with L-3
and carries out all technical work.

c. GTC – In Q2 2010 WSGI entered into a sales
agreement with GTC for the purchase of
50% of the company’s initial SkySat UAV,
with an option to purchase 100% by
December 31, 2011. Engineering and
Electronics work is currently being conducted
at Eastcor’s facilities in MD, and the
company expects to advance flight testing in
2011. GTC has recently entered into an LOI
to been acquired by WSGI and is to be
integrated as a wholly owned subsidiary. It
is believed to be able to provide an ongoing
revenue stream and specialized customer
base to aid in the pursuit of government and
DoD contract opportunities for ARGUS ONE.

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