LOS ANGELES, CA -- (Marketwire) -- 09/27/11 -- Commencing in 2001 and completed in 2004, Mundus Group's (PINKSHEETS: MNDP) designated division Air Drone is currently a continuation of the 1st UAV VTOL prototype that was co-developed with strategic partner Roadable Aircraft Inc. and the US Navy under a 3 year Co-operative Research and Development Agreement (CRADA). The all electric ducted fan was an 81-inch ducted fan UAV VTOL that was built and flight tested to develop the flight controls and remote controllability of RAI's 2 passenger VTOL cruiser for which RAI was awarded a US Patent.
In areas where pedestrian traffic is jammed and ambulances are trapped, where buildings, infrastructure, trees and bridges prevent helicopters from response and evacuation, Mundus Group's patented ducted fan technology, with its completely enclosed counter rotating propellers, could replace helicopters with their dangerous exposed propellers and prohibitive restrictions.
'When we first developed our ducted fan technology prior to our CRADA contract to research, develop and finally patent with the US Navy in 2000, we were working with jet turbine driveshaft technology. UAVs and drones were not yet on the horizon at the pre 911 stage of development. Building the first all electric ducted fan was a cost effective decision that led us to consider a smaller prototype to develop the control system. Using electric motors was a second choice we made to keep secrecy and our ability to do flight tests inside a Navy Test facility. We did not realize that we were planting the seeds of a Green UAV Aerospace industry with zero emissions,' Chairman Keith Field
About Mundus Group, Inc.:
The Mundus Group, Inc. (MNDP) is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI). Mundus is at the cutting edge of jet ducted fan technology and fuses state of the art design engineering and a prototyping facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments. From US Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing revolutionary products with global potential for change that offers economic protection and growth opportunities for investors.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MNDP has tried, whenever possible, to identify these forward-looking statements using words such as 'anticipates,' 'believes,' 'estimates,' 'expects,' 'plans,' 'intends,' 'potential' and similar expressions.
These statements reflect the MNDP's current beliefs and are based upon information currently available to it.
Mundus Group, Inc.
Tel: +1 (866)-990-1118 x1
Fax: +1 (805)-426-8888
3540 W. Sahara Ave #1255
Las Vegas, NV 89102-5816
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