Sanswire-TAO's patented, multi-day endurance, segmented STS-111 Airship is unique with respect to its flexible design and extended flight duration capabilities. With a length of 111 feet and a height of 11feet, the STS-111 specifications include persistent line of sight coverage of approximately 170 miles at 15,000 feet above sea level, and the ability to operate for multi-day missions estimated at 2.5 days with a customer payload of 20 lbs. The rapid unfolding, fully recoverable STS-111 UAV is designed to be launched with minimal ground infrastructure and requires no runways or hangars as it ascends autonomously or via a manually controlled ground station. GTC has currently arranged for nearly 90 percent of the total committed funding which has been provided to the company for immediate use to accelerate the completion of the STS-111 UAV. GTC has arranged the funding through the purchase of Sanswire Common stock priced at US$0.105 per share.
Satnews Daily
December 1st, 2009
Sanswire Gets GTC Golden Goodies For STS-111 UAV
Sanswire Corp (OTCBB: SNSR), a company that develops and produces lighter-than-air Unmanned Aerial Vehicles (UAV) designed to provide persistent surveillance for extended durations at mid and high altitudes, has received a funding commitment arranged by satellite tracking provider, Global Telesat Corp. (GTC), for US$800,000. The funding is to be used for the completion of Sanswire-TAO's first commercial, multi-day endurance, lighter-than-air UAV, the STS-111.
Earlier this year, GTC arranged funding that commenced the construction of the STS-111. This has led to the development of the proprietary systems and construction of Sanswire-TAO's initial four-segment airship platform that recently commenced flight testing. This follow-up round of funding will be used to complete the new 5-segment STS-111 airship, a commercial, long endurance platform powered by Sanswire-TAO's proprietary FuelGas propulsion system. This commitment is expected to complete the funding required for finishing the construction of the commercial airship, with immediate plans for the airship to be delivered to Sanswire's systems integrator and operator one of the top 10 U.S. Defense Contractors. Once delivered, the team will collaborate on preparing the STS-111 UAV for jointly held private demonstrations to potential customers.
Sanswire-TAO's patented, multi-day endurance, segmented STS-111 Airship is unique with respect to its flexible design and extended flight duration capabilities. With a length of 111 feet and a height of 11feet, the STS-111 specifications include persistent line of sight coverage of approximately 170 miles at 15,000 feet above sea level, and the ability to operate for multi-day missions estimated at 2.5 days with a customer payload of 20 lbs. The rapid unfolding, fully recoverable STS-111 UAV is designed to be launched with minimal ground infrastructure and requires no runways or hangars as it ascends autonomously or via a manually controlled ground station. GTC has currently arranged for nearly 90 percent of the total committed funding which has been provided to the company for immediate use to accelerate the completion of the STS-111 UAV. GTC has arranged the funding through the purchase of Sanswire Common stock priced at US$0.105 per share.
Sanswire-TAO's patented, multi-day endurance, segmented STS-111 Airship is unique with respect to its flexible design and extended flight duration capabilities. With a length of 111 feet and a height of 11feet, the STS-111 specifications include persistent line of sight coverage of approximately 170 miles at 15,000 feet above sea level, and the ability to operate for multi-day missions estimated at 2.5 days with a customer payload of 20 lbs. The rapid unfolding, fully recoverable STS-111 UAV is designed to be launched with minimal ground infrastructure and requires no runways or hangars as it ascends autonomously or via a manually controlled ground station. GTC has currently arranged for nearly 90 percent of the total committed funding which has been provided to the company for immediate use to accelerate the completion of the STS-111 UAV. GTC has arranged the funding through the purchase of Sanswire Common stock priced at US$0.105 per share.