Stocks & Investing
Stocks and Investing
Stocks and Investing
Thu, July 9, 2009
Wed, July 8, 2009 Sanswire: Sanswire Provides Update on STS-111 Airship Construction
FORT LAUDERDALE, FL and STUTTGART, GERMANY--(Marketwire - July 8, 2009) - Sanswire-TAO Corp. ([ www.sanswiretao.com ]), the airship development and manufacturing joint venture equally owned by Sanswire Corp. (
Sanswire-TAO successfully completed testing of the FuelGas powered propulsion system that will be used on the STS-111, designed to operate at an altitude of 15,000 ft, thus providing a surveillance cone of approximately 120 miles. The engine testing took place utilizing the proprietary induction system operating with the "weightless" FuelGas mixture in a mountainous region at 9,000 ft altitude simulating real-life environments. The next step will be testing of the propulsion system at increasing altitudes.
In addition to the success of the propulsion system tests, scientific teams involved with the STS-111 testing have invented an "Adaptive Trim System" (ATS) to be used exclusively on the STS Segmented airship line. ATS automatically senses and alters the center of gravity throughout flight. In flight tests with the 23m (76 ft) scaled prototype at 3,000 feet, ATS reduced the overall drag, increased the maneuverability, and led to greater flight duration. The system will be integrated into the STS-111 and future Sanswire models and will be controlled by the proprietary autonomous flight control module. To view a video of the 76 ft scaled prototype airship utilizing the system in flight, please visit: [ http://www.sanswire.com/STS111 ]
"Since the delivery of the initial STS-111 envelope in early June, TAO's teams of engineers and scientists have been working diligently and thoroughly on testing the airships airborne systems in preparation for flight," said Jonathan Leinwand, Chief Executive Officer of Sanswire. "The success of the STS-111 propulsion system at 9,000 feet is an important milestone in our spiral development and production cycle and allows us to move to higher altitude testing. In addition, the Adaptive Trim System invention is an exciting new build-on feature that will increase the STS-111's estimated mission duration significantly over all current heavier-than-air UAVs. We are confident in our progress to date and our testing schedule remains on-track, while maintaining efficiency in cost and time utilized to advance through each stage of testing."
For more information, pictures and video of the Sanswire STS-111 Airship please visit: [ http://www.sanswire.com/STS111 ]
For more news and information on Sanswire please visit [ http://irgnews.com/coi/SNSR ] where you can find a fact sheet on the company, investor presentations, and more.
About Sanswire-TAO Corp.
Sanswire-TAO exclusively owns and markets all the technology and intellectual property associated with TAO's lighter-than-air (LTA) unmanned aerial vehicles (UAV), including the Stratellite high-altitude airships, the SAS-51 low-altitude airships, the mid-altitude STS-111 airship and SkySat category, and the PADDS Precision Air Drop Delivery System in the US, Canada and Mexico. Sanswire-TAO Corp. is jointly owned by TAO Technologies GmbH and Sanswire Corp. For more information, visit [ http://www.sanswire-tao.com ].
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.
