AskMuncher
3 years ago
$MSGP MedSmart Group Inc. (MSGP) Announces MOU Signed Between Milanion and Ukrainian Armor for Distribution Rights to the AGEMA UGV
Press Release | 08/09/2021
NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- MedSmart Group Inc. (OTC:MSGP) (“MSGP” or the “Company”), following the recent announcement to acquire Milanion Limited (“Milanion”), today shared news that Milanion has strategically positioned itself to take a share of the Eastern European defense market. The company is making inroads into Ukraine with the signing of an MOU with Ukrainian Armor LLC (“Ukrainian Armor”) for distribution rights to the AGEMA UGV.
Interest in the AGEMA UGV has surged since the vehicle was recently showcased at the Arms and Security 21 exhibition in Kyiv. The ultra-versatile AGEMA is a modular, agile, affordable unmanned ground vehicle (UGV) equipped with proven world-class technology and performance. It is designed to support a range of missions in a variety of sectors including defense, civil defense, security, fire and rescue.
The AGEMA can operate in rough, rugged terrain and is mobile enough for both urban and rural environments. It can be rapidly deployed by rotary and fixed-wing air assets, is amphibious and able to support static ground and mobile units.
“Ukraine is an important market for Milanion, and having already successfully worked with Ukrainian Armor, we find they have the capabilities, authority and flexibility to create and service any demand for the vehicle while responding quickly to changing market conditions, enabling us to deliver tailored solutions to local preferences,” said Milanion CEO, Davinder Dogra.
The AGEMA is payload agnostic and can support a range of mission profiles including, logistic support, fire support, intelligence surveillance and reconnaissance (ISR), anti-tank support, drone launch and anti-drone systems, medevac, route inspection and clearance, MESH encrypted communication, border protection, critical infrastructure security and protection, fire and rescue.
“We are already a well-known supplier of weapons and military equipment to Ukraine’s defense forces, and have the capability and resources to get units of the AGEMA UGV into ’active duty’. We find the AGEMA is a robust and versatile vehicle equipped with world-class technology, yet simple to operate, low maintenance and affordable,” said Ukrainian Armor Director General Vladislav Belbas.
About Milanion:
Milanion is a defense and security technology company that designs and manufactures advanced defense systems in the autonomous and robotic sector. Utilizing Artificial Intelligence technologies to support a range of unmanned autonomous and EV platforms, Milanion creates effective, battle-ready systems for land, marine, and air. The founding team has decades of industry experience in the development and sales of systems globally with a business focus to identify and acquire best-in-class technologies, enhancing current offerings with in-house development to expand the product range and take advantage of the growing market for robotic and autonomous technology solutions.
About Ukrainian Armor:
Ukrainian Armor is a design and manufacturing company producing specialized armored vehicles VARTA, NOVATOR and KAMRAT for a range of missions including surveillance and reconnaissance, border patrolling, special missions, personnel carrier and medical evacuation.
Each model is uniquely designed and made to the client’s specific requirements. The company also specializes in the production of Mortar launchers and a full range of services in the modernization of military equipment, armoring of civilian vehicles, skills transfer and training of soldiers, creation of a service center for the modernization of equipment and end-user training, ongoing maintenance support, warranty support, spare parts and services.
For further information on the companies please visit their communication channels:
Milanion:
Website: https://www.milaniongroup.com
LinkedIn: https://www.linkedin.com/company/milaniongroup
Twitter: https://twitter.com/milaniongroup
Facebook: https://www.facebook.com/milaniongroup
Press Contact: press@milaniongroup.com
IR Email: ir@milaniongroup.com
Ukrainian Armor:
Website: https://ukrarmor.com
Linkedin: https://www.linkedin.com/company/design-and-manufacturing-company-ukrainian-armor
Wire Service Contact
InvestorWire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
Editor@InvestorWire.com
Golden Cross
3 years ago
Business Description Updated:
(MSGP) is an investment company with its primary interest in MILANION LIMITED, an integrated defense and security technology company that designs and manufactures advanced defense equipment and systems in the autonomous and robotic sector. Utilizing the latest Artificial Intelligence technologies, developed to support a range of unmanned autonomous and EV platforms, Milanion create the most effective, efficient battle-ready systems for land, marine, and air. The business focuses on identifying and acquiring best-of-breed technologies to enhance its offerings while furthering in-house development to expand the product range, taking advantage of the expanding defense and civilian market for robotic and autonomous technology systems and solutions. The founding team has decades of industry experience, both on the frontline of battle & the development and sales of systems globally. The changing face of modern warfare with new & challenging terrain has focused the most significant military and defense forces to adapt their strategies to protect their citizens. Over the next two decades, a considerable part of their budgets will be allocated to autonomous and robotic warfare capabilities built upon the latest AI technologies while enhancing the use of more effective EV platforms. Milanion is at the forefront of these solutions and positioned to capture a large slice of the global defense budgets in the foreseeable future. Our efficient, tested products can outperform competitors.
Website Updated
https://t.me/otcupdates/3363
adijas
3 years ago
MedSmart Group Inc. (MSGP) to Acquire Autonomous and Robotic Systems Leader Milanion for New Vision and DirectionPress Release | 07/27/2021
NEW YORK, July 27, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- MedSmart Group Inc. (OTC:MSGP) (“MSGP” or the “Company”) today officially announces the appointment of its new president, Mr. Davinder Dogra, along with a new strategic vison and direction leading to the acquisition of Milanion Limited, the leading developer of disruptive autonomous and robotic solutions.
Milanion is an integrated defense and security technology company that designs and manufactures advanced defense equipment and systems in the autonomous and robotics sector. Utilizing the latest artificial intelligence (“AI”) technologies, developed to support a range of unmanned autonomous and electric vehicle (“EV”) platforms, Milanion creates the most effective, efficient battle-ready systems for land, marine and air.
President Dogra’s focus is to build the Company by pursuing an aggressive growth strategy of sales and acquisitions by leveraging Milanion’s market leadership in the design, development, and manufacture of autonomous technology systems for use in the defense, civil defense, security, fire and rescue, mining, agriculture, and other commercial markets to maximize its growth and revenue potential, while adding to shareholder value.
Milanion’s global presence, with a recent order for units of its flagship AGEMA unmanned ground vehicle (“UGV”) by the land forces of a major Middle East/North Africa (“MENA”) region country and delivery of its Unmanned Surface Vessel (“USV”) system to a NATO country, has been fueled by strategic foresight and investments in management, sales, engineering and manufacturing infrastructure in the Middle East and Europe.
The Company is well positioned to benefit from Milanion’s first-mover advantage, allowing it to achieve significant market share with the development of innovative new AI-based autonomous and EV technologies, a growing sales pipeline of public and private entity customers, an existing workload of technology system developments and regular joint technology and payload partnership requests.
The business focus will be on identifying and acquiring best-of-breed technologies to enhance its current offerings while furthering in-house development to expand the product range, taking advantage of the ever expanding defense and commercial market for robotic and autonomous technology systems and solutions.
Business and revenue growth opportunities already in the works include several joint development projects geared for increased usability of Milanion’s UGV and USV platforms, providing complete system interoperability, with leading companies in their field; including firefighting systems with ILUS Technologies (ILUS).
Demand for autonomous unmanned systems and platforms is showing strong growth, driven by the changing role of modern warfare, the recognition in the efficiency and productivity benefits of IOT, AI and robotics, the development of increasingly intelligent platforms, and the disruptive market entry of agile companies like Milanion.
As already witnessed and continuing over the next two decades, nations will allocate a considerable part of military and defense budgets to autonomous and robotic warfare capabilities built upon the latest AI technologies while enhancing the use of more effective EV platforms.
Milanion is at the forefront of these solutions and positioned to capture a large slice of the global defense budgets in the foreseeable future. Its efficient, tested products outperform competitors and are becoming the choice for major military forces globally.
Leveraging on the development of its defense technologies and products, Milanion is expanding into public and commercial sectors in markets around the world. Current and potential commercial applications and markets include roads and infrastructure, oil and gas, power and utilities, security, fire and rescue, mining and agriculture.
The global Robotics and Autonomous Systems market for the defense sector is estimated to reach USD$26.13 billion by 2025 at a CAGR of 20.75% during the forecasting period 2020 to 2025, while the entire market for such products is forecasted to be USD$66.9 billion with the industrial sector being the majority. Milanion is focusing development to aggressively service that demand and will employ its technology as a basis to be a sector leader.
Mr. Dogra comes with decades of working knowledge, experience and expertise building successful businesses from the ground up, servicing global defense sector markets in Asia, Africa, the Middle East and Europe. He looks forward to building a team and strategic presence in the United States to service the domestic and surrounding markets.
With a regimented mandate to deliver on promises made, on time and within budget, Mr. Dogra leads an efficient and effective operation with a dynamic management team bringing decades of industry experience in the global development and sales of defense systems. The team is comprised of multiple experts in their field, including military veterans with frontline experience, and is focused on growing Milanion’s Land, Marine and A.I. divisions, as well as making inroads into industrial and commercial sectors.
As the new president, Mr. Dogra is highly qualified to lead the Company into a period of aggressive growth in both sales and new product development, allowing for accelerated revenue growth in both the short and medium term.
Continued product development and acquisitions, coupled with an increased global sales footprint, bodes well for MSGP’s continued growth, with exciting news in this regard imminent.
News and updates will be communicated via premium newswire services and Milanion’s social media platforms, listed below.
For further information on Milanion please visit the following communication channels:
Milanion:
Website: https://www.milaniongroup.com
LinkedIn: https://www.linkedin.com/company/milaniongroup
Twitter: https://twitter.com/milaniongroup
Facebook: https://www.facebook.com/milaniongroup
Instagram: https://www.instagram.com/milaniongroup
IR Email: ir@milaniongroup.com
Wire Service Contact
InvestorWire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
Editor@InvestorWire.com
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