Cyberlux Corp (OTCMKTS: CYBL) Announces the Acquisition of CTMC Drone Solutions, LLC as the Technology Platform for Company’s Step into the Drone Solutions Market

Tshepong Victim Empowerment Centre celebrates ORANGE DAY

Tshepong Victim Empowerment Centre commemorates ORANGE DAY every month on the 25th of each month.. As the bright and optimistic colour for the UNITE Campaign, ORANGE represents a future free from violence against women and Girls.

Four in court for alleged Public Works tender collusion

The Special Investigating Unit (SIU) says the arrest of four people linked to alleged tender fraud in the Department of Public Works and Infrastructure is a continuation of the corruption busting unit’s efforts to recover money stolen from the public purse.The Special Investigating Unit (SIU) says the arrest of four people linked to alleged tender fraud in the Department of Public Works and Infrastructure is a continuation of the corruption busting unit’s efforts to recover money stolen from the public purse.

Two suspected cable thieves arrested while on their way to Zimbabwe

Jo'burg Metro Police Department JMPD and SAPS officers in the JHB and CBD have arrested two suspects who were in possession of stolen cables in Johannesburg Central Business District.

Several dignitaries wish people Happy Africa Day 2022

The African Union Commission celebrates "Africa Day" on May 25 each year to acknowledge its successes and to promote the progress that Africa has made under a specific theme while reflecting upon the common challenges that the Continent faces in a global environment. 

Cyberlux Corp (OTCMKTS: CYBL), on August 31, announced that it added CTMC Drone Solutions, LLC to its business as its drone platform, along with crucial technology assets and resources, building the foundation for the Cyberlux drone unit and FlightEye drone Solutions. A leading renewable energy provider of LED lighting and technology solutions, Cyberlux, owns the new business unit, which will focus on UAS, drone technology, manufacturing, intellectual development of properties, drone services, and commercial and government sales.

Cyberlux Corp’s Aims & Plans

As a result of this agreement, Cyberlux owns 100% of CTMC, LLC for a collection of $2,275,000 in shares of stocks. Moreover, the equity incentives for continued value appreciation, a three-year earnout period of cash, revenue development, and technology growth milestones.

Cyberlux was looking to build the production and technology capability to make ongoing enhancements in profit, revenue, and shareholder value through this platform. Also, plans to make future investments for product development and working capital for expansion of the business. The specific terms of the agreement are restricted in the disclosure until Cyberlux is entirely pink current information on the OTC Markets.

Advancement of Existing Technologies

In addition to that, FlightEye Solutions will enhance its technology to build next-generation UAS products with military-grade. And drone solutions built with Cyberlux LED Lightning, night vision with infrared capability, LiDAR mapping, thermal sensor capability, and monitoring eye in the sky technologies. This enhancing business will focus on existing DOD requirements and BAA with the development, including monitoring alert systems, collision avoidance, geofencing capabilities, urban areas operation, beyond the line of sight operations, multiple drones operation OS, and other significant priorities. Moreover, to consolidate its UAS capabilities, Cyberlux transferred all related existing technology into the business unit of FlightEye Solutions. Currently, Cyberlux is continuing partnerships with UAS companies and drone capabilities providers. In addition, Cyberlux is bringing the future through acquisitions, organic growth, and the commercialization of technologies.

Tshepong Victim Empowerment Centre celebrates ORANGE DAY

Tshepong Victim Empowerment Centre commemorates ORANGE DAY every month on the 25th of each month.. As the bright and optimistic colour for the UNITE Campaign, ORANGE represents a future free from violence against women and Girls.

Four in court for alleged Public Works tender collusion

The Special Investigating Unit (SIU) says the arrest of four people linked to alleged tender fraud in the Department of Public Works and Infrastructure is a continuation of the corruption busting unit’s efforts to recover money stolen from the public purse.The Special Investigating Unit (SIU) says the arrest of four people linked to alleged tender fraud in the Department of Public Works and Infrastructure is a continuation of the corruption busting unit’s efforts to recover money stolen from the public purse.

Two suspected cable thieves arrested while on their way to Zimbabwe

Jo'burg Metro Police Department JMPD and SAPS officers in the JHB and CBD have arrested two suspects who were in possession of stolen cables in Johannesburg Central Business District.

Several dignitaries wish people Happy Africa Day 2022

The African Union Commission celebrates "Africa Day" on May 25 each year to acknowledge its successes and to promote the progress that Africa has made under a specific theme while reflecting upon the common challenges that the Continent faces in a global environment. 

Pastor Luthando Matodlana found guilty of raping 22-Year-Old man

One South African pastor, Luthando Matodlana of God, is Love Ministry in Motherwell, Gqeberha, South Africa, has been found guilty of raping a 22-year-old man.

Mec Lekwene inspects Robert Mangaliso Sobunke hospital – Food Service Unit

Today, the Northern Cape Health MEC, Mr Maruping Lekwene, conducted an oversight visit to Robert Mangaliso Sobukwe hospital in Kimberley.

LEAVE A REPLY

Please enter your comment!
Please enter your name here