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Yerevan To Assemble US Drones

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  • Yerevan To Assemble US Drones

    YEREVAN TO ASSEMBLE US DRONES

    Vestnik Kavkaza, Russia
    Jan 30 2014

    30 January 2014 - 12:15pm

    The Armenian branch of Instigate Robotics (US) has received permission
    today to operate at the Alliance Free Economic Zone in Yerevan,
    managed by Sitronix Armenia, News.am reports.

    The US company plans to assemble the Educotper and Photocopter drones.

    They will be exported to North America, EU, spot-Soviet states,
    Middle East. Exports will total $1.9 million in the next 3 years.

    The company is negotiating investments to automatize drone control.

    The company will spend $300,000-500,000 to organize production
    and foreign partners will spend additional $396,000. Staff of the
    company's training center and the ACS System Department of the State
    Engineering University of Armenia will be mobilized for the project.

    http://vestnikkavkaza.net/news/economy/50626.html

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