OTC Markets Group Welcomes Drone Aviation Holding to OTCQX
NEW YORK, Jan. 6, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced Drone Aviation Holding Corp. (OTCQX: DRNE), a developer and manufacturer of unmanned aerial systems, has qualified to trade on the OTCQX® Best Market. Drone Aviation upgraded to OTCQX from the OTCQB® Venture Market.
Drone Aviation begins trading today on OTCQX under the symbol "DRNE." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Drone Aviation's unique tethered drones are being used by the U.S. Army, U.S. Navy, U.S. Marines and other commercial, military, research and law enforcement agencies in a wide variety of applications," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "We welcome this innovative technology company to the OTCQX market and look forward to supporting its continued growth and success."
"Approval for trading on OTCQX is an important step in building visibility for our company with the investment community, a critical element in our commitment to create shareholder value," said Jay Nussbaum, Chairman of Drone Aviation Holding Corp.
Sichenzia Ross Friedman Ference LLP serves as Drone Aviation Holding's OTCQX Advisor, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
Drone Aviation Holding develops and manufactures cost-effective, compact and rapidly deployable aerial platforms including lighter-than-air aerostats and electric-powered drones designed to provide government and commercial customers with enhanced surveillance and communication capabilities. Utilizing a proprietary tether system, the company's products are designed to provide prolonged operational duration capabilities combined with improved reliability, uniquely fulfilling critical requirements in military, law enforcement and commercial and industrial applications.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the OTC Pink® Open Market. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial markets, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
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SOURCE OTC Markets Group Inc.