The Markets

Aerial Photography Markets

• This is a potentially enormous market
• Applications could include:                        
• infrastructure surveillance (powerlines and pipelines)
• crop monitoring
• natural disaster assessment
• forest fire detection and surveillance
• search and rescue (SAR)
• illegal fishing monitoring
• terrain surveys for large excavation projects (eg. mining.)
• Most of these markets are dominated by helicopter and fixed wing vehicles that run at much higher hourly rates than UAV's.
• Many of these applications – infrastructure surveillance, for example – involve surveys on a recurring basis.  This could mean long term contracts, equating to steady cash flows.

Geophysical Markets

• The geophysical market is a $300m/yr market in Canada
• Our technology is perfect for this application: remote areas, tedious “lawnmower” flight patterns and a requirement to hug the terrain.
• Current competition consists of two or three large companies that operate globally, and a handful of small local operators.  All fly either fixed wing or helicopters.  
• Customers for geophysical market consist of large and small mining and exploration companies, and government agencies.
• If competing on price alone, Universal Wing feels, with its much lower cost profile, it should be able to achieve fairly rapid market penetration into certain segments.
• Universal Wing personnel have deep roots in the exploration sector and know the business well.
• We have completed about $1m to date in geophysical surveys.
• Universal's UAV can also be equipped with visual-spectrum cameras, IR cameras and instrumentation to acquire relief data.