HOUSTON, TX / ACCESSWIRE / May 6, 2015 / The president and key staff of Valmie Resources Inc. (VMRI) were in attendance as the Federal Aviation Administration (FAA) today announced a landmark collaboration with CNN and others to help the agency determine how it can safely expand unmanned aerial vehicle (UAV) operations in the U.S.
The program, which the FAA is calling "Pathfinder," was announced during a panel session at the AUVSI Unmanned Systems 2015 Conference in Atlanta, the nation's largest UAV conference. Under the program, the FAA will partner with CNN to explore using drones for newsgathering in urban settings within operator line of sight. Two other program participants, PrecisionHawk and BNSF Railway, will advance research around UAV's and extended visual line of sight operations in rural areas.
"Valmie applauds the FAA for responding to thousands of UAV operators and enthusiasts who challenged the proposed set of rules for commercial drone flights," said Gerald B. Hammack, President and CEO of Valmie. "Pathfinder begins to lay the groundwork for conducting critical operations such as precision agriculture, search and rescue and other humanitarian applications. We are optimistic the FAA will consider expanding this program beyond three companies and streamlining the application process so progress can continue at a rapid pace."
The announcement begins to address some of the loudest criticisms from among more than 4,000 public comments that came from drone operators and advocates after the FAA released its proposed set of rules for commercial drone operations in February. Some of these comments addressed the need to be allowed to safely conduct operations beyond visual line of sight.
"One of the things we have been very focused on . . .is a staged implementation," said FAA Administrator Michael Huerta, addressing the FAA's timetable for setting rules for commercial drone use, stating the agency will "test a little, learn a little, try a little," as it explores the challenges of integrating commercial drones into the airspace.
About Valmie Resources (VMRI)
Valmie Resources is a U.S. company actively pursuing opportunities for the commercialization of leading edge products and services in the rapidly expanding technology industry. Valmie seeks concepts with valid business models positioned to make a significant impact within the four key "megasectors" of technology: software, hardware, networking and semiconductors. Valmie brings operating talent, tools and leadership to emerging companies in these sectors, promoting industry awareness and developing economically sustainable partnerships while increasing shareholder value.
For further information visit http://valmie.com
Certain information provided in this press release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast" and similar expressions are intended to identify such forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. You can find a discussion of those risks and uncertainties in our EDGAR securities filings with the Securities and Exchange Commission. Such factors include, but are not limited to: general economic, market and business conditions; fluctuations in the technology market; the results of product development and the result of our efforts to develop strategic relationships, partnerships and potential acquisitions that are in line with our business model; outcome of partnership negotiations; the uncertainty of market estimates; changes in environmental and other regulations; risks associated with retail operations; and other factors, many of which are beyond the control of the Company. There is no representation by Valmie Resources that actual results achieved during the forecast period will be the same in whole or in part as those forecast. Except as may be required by applicable securities laws, Valmie Resources assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.
Valmie Resources, Inc.
Gerald B. Hammack, President and CEO
SOURCE: Valmie Resources, Inc.