Dynamic Aerospace Systems (DAS), aka BrooQLy, Inc., Trading Symbol: BRQL, Secures $15 Million Equity Investment from Platinum Point Capital LLC to Accelerate UAV Development and Aerospace Innovation
Rhea-AI Summary
Dynamic Aerospace Systems (OTCQB:BRQL), also known as BrooQLy Inc., has secured a significant $15 million equity purchase agreement with Platinum Point Capital LLC. The agreement extends through 2028, providing DAS with flexible capital access to accelerate its UAV development for military defense and commercial applications.
The agreement gives DAS the discretionary right to issue and sell up to $15 million of its common stock to Platinum Point, subject to certain conditions and SEC registration requirements. The funding will support the company's focus on developing advanced UAVs for surveillance, reconnaissance, and tactical operations, while also exploring opportunities in autonomous logistics, agri-business, and aerial inspections.
Positive
- Secured $15 million equity purchase agreement with institutional investor
- Flexible capital access through 2028 with no obligation to use full amount
- Strategic control over timing and amount of funding to minimize dilution
- Funding enables expansion into multiple commercial applications beyond military defense
Negative
- Agreement subject to SEC registration statement approval
- Potential dilution of existing shareholders through stock issuance
- Trading on OTCQB market rather than major exchange
News Market Reaction 1 Alert
On the day this news was published, BRQL gained 11.99%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
ANN ARBOR, MICHIGAN / ACCESS Newswire / August 6, 2025 / Dynamic Aerospace Systems (DAS), aka BrooQLy, Inc. (OTCQB:BRQL), a leading innovator in unmanned aerial vehicles (UAVs) and aerospace technologies, today announced it has entered into a
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The Company's focus on next-generation UAV technology positions it to address critical needs in the military defense sector, including surveillance, reconnaissance, and tactical operations. The financing allows for exploration of opportunities in adjacent markets such as, but not limited to, autonomous logistics and deliveries, agri-business, and aerial inspections. This financing enables the Company to enhance its engineering capabilities, forge strategic partnerships, and capitalize on growing demand for innovative aerospace solutions.
The transaction is subject to the satisfaction of certain conditions, including the effectiveness of a registration statement to be filed with the U.S. Securities and Exchange Commission (SEC).For more information about the Equity Purchase Agreement, please refer to BrooQLy's SEC filings available at https://www.sec.gov/edgar/browse/?CIK=1854526&owner=exclude
About Dynamic Aerospace Systems (DAS), aka BrooQLy Inc.:
Dynamic Aerospace Systems is a Nevada incorporated business dedicated to developing innovative aerospace technologies, with a focus on advanced UAVs for military defense and commercial applications. Committed to engineering excellence and strategic partnerships, DAS aims to deliver reliable, high-performance solutions to meet the evolving needs of the aerospace industry. The Company's common stock is traded on the OTCQB Market under the ticker symbol "BRQL."
https://www.dynamicaerosystems.com/
About Platinum Point Capital LLC:
Platinum Point Capital LLC is a Nevada-based institutional investor specializing in providing flexible financing solutions to high-growth companies. With a focus on fostering innovation and long-term value creation, Platinum Point Capital partners with visionary companies across various sectors to support their strategic objectives.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding DAS's anticipated use of proceeds, UAV development, growth plans, and ability to capitalize on market opportunities in the defense sector and beyond. These statements are subject to risks and uncertainties, including but not limited to market conditions, regulatory approvals, and the Company's ability to meet the conditions of the Equity Purchase Agreement. Actual results may differ materially from those expressed or implied. For a discussion of these risks, please refer to DAS's filings with the SEC. The Company undertakes no obligation to update these statements except as required by law.
Contact Information:
Dynamic Aerospace Systems (DAS), aka BrooQLy Inc.
3753 Plaza Dr
Ann Arbor, MI 48108
Investor Relations: ir@dynamicaerosystems.com
Media Inquiries: media@dynamicaerosystems.com
SOURCE: BrooQLy, Inc.
View the original press release on ACCESS Newswire