We design, develop, produce and support a technologically-advanced portfolio of
small unmanned aircraft systems, or UAS, that we supply primarily to
organizations within the U.S. Department of Defense, or DoD, and fast charge
systems for electric industrial vehicle batteries that we supply to commercial
customers. We derive the majority of our revenue from these two business areas
and we believe that both the small UAS and fast charge markets are in the early
stages of development and have significant growth potential. Additionally, we
believe that some of the innovative potential products in our research and
development pipeline will emerge as new growth platforms in the future, creating
market opportunities.  ...