Resilient Energy Inc. (OTC:RENI) Announces LOI to Acquire 100% of Challenger Aerospace & Defense Inc., entering the $35 Billion Global Drone Market
Resilient Energy, Inc.'s intended acquisition marks the start of its strategy targeting firms in the Energy and Tech sectors. With the Drone market projected at
RENI will acquire
The two additional operating subsidiaries are:
- Challenger Training and Support provides an approved UAV/UAS training program. It is the first in its field and focuses on the manufacturing, flight operation and maintenance of the systems used in Unmanned Aerial Vehicles or Drones.
- Challenger Aerospace Systems manufactures ground stations and aircraft control systems, providing off-the-shelf portable, flexible and universal solutions for controlling unmanned vehicles and payloads.
CAS business assets encompass an impressive portfolio exceeding
RENI's CEO, Mr. Jon Bianco, stated on achieving this milestone event: "We have emphasized our dedication to seizing opportunities in advanced technology areas aligned with our strategic vision. Today, we celebrate a significant milestone with the formal intention of acquiring Challenger Aerospace & Defense Inc. Its global reach and market potential, with over 40 available products, promises significant revenue potential. The unmanned aerial vehicle and drone technology domain is a multibillion-dollar market. This intended acquisition reinforces our commitment to value creation through revenue growth, margin expansion, and cash flow generation."
The global Unmanned Vehicle (Drone) market size is estimated at
About Resilient Energy, Inc.
Resilient Energy, Inc. (OTC: RENI) operates as an independent energy company with a strategic business plan centered on the acquisition, exploration, development, and production of North American conventional oil and gas properties. The company's mission is to discover, develop, and enhance the production of traditional oil and gas plays. Resilient Energy prioritizes properties and companies specializing in shallow vertical wells with existing production, aiming to boost yields through marginal efficiency-based improvements. Additionally, the company seeks identifiable PUD opportunities for further development to increase reserves. Its dedicated management team has identified several properties and companies aligned with these criteria. Resilient Energy distinguishes itself by offering a consistent deal flow and maintaining operational efficiency at low costs.
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Forward-Looking Statements
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Contact Information:
Marc Pindus
President
Resilient Energy, Inc. (OTC: RENI)
Phone: 713-742-2702
Web: https://resilientenergyinc.com/
Email: info@resilientenergyinc.com
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SOURCE Resilient Energy inc.