Skip to main content

OTC:ILUS Partner with Milanion Group to integrate ILUS technologies with Milanion autonomous vehicle technology

By: Issuewire
E raptor UTV

Jointly they aim to create a world-leading autonomous unmanned vehicle & vessel with diverse fire fighting, emergency & rescue capabilities. It's intended that the ILUS EV E-Raptor will also eventually have autonomous capabilities.

New York City, New York Feb 2, 2021 (Issuewire.com) - NEW YORK, February 2, 2021 /Issuewire/ -- ILUS International Inc (OTC: ILUS), ILUS is an M&A company acquiring technology-based companies globally and has recently completed its acquisition of FB Technologies Global Inc (FireBug Group) a leading manufacturer of Technology & Fire & Rescue Vehicles including its EV (Electric 6 x 6 vehicle) to the Fire & Rescue market. The Fire & Rescue market globally has been underinvested for decades and is now experiencing significant modernization, due to the rapid urbanization of the cities becoming wider, taller, and more congested making it increasingly costly and difficult for Fire & Rescue services to perform efficiently. FireBug technology is based on water efficiency and water saving. The technology is at least 63% more efficient than conventional technologies allowing responders to utilize much smaller faster and more economical response vehicles in most instances. A common scenario is where conventional technology would use approximately +/-200 gallons of water to extinguish a car fire in about 90 seconds. In comparison, the FireBug technology would use 10 gallons in +/- 7 seconds. In order to facilitate its global rollout, ILUS has an acquisition strategy to roll up strategic companies to increase its route to market and manufacturing capacity and to continually develop the technology platform further. On this basis FB Technologies Global is very pleased to sign a Memorandum of Understanding with Milanion Group LLC, a UK and Dubai based specialist technology company disrupting the market in the design, development, and manufacture of unmanned systems that serve to augment and transform team and mission capabilities whilst safeguarding personnel in hostile and dangerous environments in both the public and private sector, globally. Leading with the versatile and fully amphibious AGEMA UGV with its modular design to cater to a range of payloads, Milanion Group also provides USV solutions in the form of unmanned fully autonomous rapid response vessels for Marine applications. Jointly the companies intend to develop an autonomous unmanned Fire & Rescue solution for the Military, Fire & Rescue, and specialist applications. Jointly the companies have been working on solutions for many months for several major Military and Civil Defense departments. Further to the Fire, Rescue & Emergency provision, the companies jointly will look to develop the Million autonomous technology onto the ILUS E-raptor EV 6x6 UTV.

 

Beyond this partnership, it is expected that ILUS will announce further details of their 2 possible imminent acquisitions later this week.   

 

For further information on the companies please see their communication channels

 

website: www.ilus-group.com

Twitter: OTC_ILUS

 

Contact:

 

Nicolas Link CEO

email: nick.link@ilus-group.com

 

Irina Shatalova PhD,MBA,

(PA to the CEO and Investor Relations)

Email: Irina.Shatalova@ilus-group.com

 

Website: https://milaniongroup.com

Email: ssingh@milaniongroup.com

 

Source: ILUS

 

Related Links

 

http://ilus-group.com

https://milaniongroup.com

http://raptor-utv.com

AgemaE Raptor UTV in ActionAgema FleetE Raptor UTV At Exhibition

Media Contact

ILUS International Inc


nick.link@ilus-group.com

917 522 3202

New York

http://www.ilus-group.com

Source :ILUS International Inc (OTC:ILUS)

This article was originally published by IssueWire. Read the original article here.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.