CEO UPDATE
The CEO has once again presented at the AAUS Advanced Air Mobility (AAM) Summit in Melbourne. He updated the audience of AAM delegates from the government, industry, academia and regulator CASA on our progress over the last year.
A signing ceremony with our foundation client Cyclotex was an exciting addition to V-Star's program. Cyclotex is a Leading radiopharmaceutical manufacturer, who has joined with V-Star to deliver vital medical products to regional hospitals. The CEOs of both companies signed an MOU to develop the capability with Dufour Aerospace Aero2 UAV. Greg Santamaria stated "Innovation and taking on new technology differentiates Cyclotek in its manufacturing and supply strategies. Companies must invest in R&D to modernise their platforms to capture global opportunities for all Australian and New Zealand patients, in major cities and regionally."
The two companies are cooperating on a 2.6M AUD project to develop the capability, with several deliverables and learning opportunities, which will assist V-Star in further developing its capability to crewed aircraft.
