Olaeris Signs Chinese Joint Venture for AEVA© Unmanned Aircraft Production

Next generation unmanned aircraft company Olaeris has signed a contingent Joint Venture Agreement (JVA) with Chinese government officials to build a manufacturing facility in the central Hunan Province of China. The project is planned to be a state-of-the-art aviation engineering and production facility that meets U.S. safety standards and FAA Production Certification requirements. Chinese Hunan ["]