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Press Release

DEEP AERO will give passenger drones as a reward to three lucky winners in Pre-ICO

AJMAN, United Arab Emirates - April 14, 2018 - DEEP AERO, a global leader in drone technology innovation, has announced today that it will give passenger drones as a reward to three lucky winners from the pool of all contributors who contribute 1 ETH or more to its pre-sale campaign, subject to the pre-sale campaign getting fully subscribed*.

"The use of unmanned aerial vehicles is increasing exponentially," says Mr. Gurmeet Singh, CEO of DEEP AERO. "We're heading towards a future in which millions of drones will fly billions of flights. At some point in the not-too-distant future, fleets of commercial drones are expected to swarm across the skies. Current airspace management and air traffic flow management systems don't have the capabilities to handle the type of operations relevant to drones. In addition, the anticipated traffic density of drones is far beyond the capabilities of current air traffic management systems."

DEEP AERO is currently researching prototype technologies such as airspace design, dynamic geofencing, congestion management, terrain avoidance, route planning, re-routing, separation management, sequencing and spacing, and contingency management. DEEP AERO is building DRONE-UTM, an AI-powered, autonomous, self-governing, intelligent drone/unmanned aircraft system (UAS), and traffic management platform on the blockchain. DEEP AERO’s DRONE-UTM includes universal drone registration standards, secure identification systems, tamper-proof flight data recorders, accurate and trustworthy 3D mapping data, dynamic weather information, and secure vehicle-to-vehicle communication.

The world of AI and blockchain powered drones has enormous potential. What we are witnessing currently is merely the tip of the iceberg. As the ecosystem for drones receives more participation from businesses, governments, investors, researchers, and enthusiasts, we will see this potential unlock and bring a significant change to our world. Please read the DEEP AERO whitepaper and watch the ICO video to understand DEEP AERO's vision.

DEEP AERO is integrating with the Bancor Protocol to provide continuous liquidity for its DRONE tokens. By integrating the Bancor Protocol, DRONE token holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to any other directly from the Bancor Wallet or any Web3 wallet, such as MetaMask.

“We have a huge community and anticipate massive demand for the DRONE tokens, so it absolutely makes sense for us to provide our users with an easy way to convert DRONE tokens as soon as the ICO is finished,” said Gurmeet Singh, CEO of DEEP AERO. “Integrating with Bancor will provide liquidity to everyone who wants to be a part of the drone economy as we build our platform and revolutionize the drone industry.”

DEEP AERO will activate a Relay Token with 2% of its circulating token supply within a week following the successful completion of the Token Sale. Users will be able to purchase and sell DRONE tokens directly from the Bancor Wallet or any Web3 wallet at a formulaically calculated price.’

*Terms and Conditions apply

Media Contact
Company Name: DEEP AERO
Contact Person: Ishmeet Singh
Email: Send Email
Phone: +971 50 512 3169
Country: United Arab Emirates
Website: https://www.deepaero.com/