Periodic Reporting for period 1 - REALISE GroLaS (Runway independent automatic launch and landing system for civil UAV based on GroLaS)
Reporting period: 2015-06-01 to 2015-11-30
As patent holder with an established business network and the commitment of significant industry partners to the GroLaS technology, MBP is uniquely positioned to grow with the rapidly developing UAV market currently worth $6.4 billion p.a. and expected to almost double within the next ten years.
MBP expects market launch within three years after start of phase 2. MBP aims to become a leading supplier of combined launch and landing systems for UAV in its segments within five years of product launch in the relevant segments of Mini UAV, Medium UAV and HAPS UAV (High Altitude Pseudo Satellites).
MBP as system integrator together with its manufacturer expects to create 35 jobs directly and another 40 jobs indirectly (suppliers, services etc.) within five years after product launch.