PartnershipAug 11, 2026, 05:21 PM
Eva Live Subsidiary Partners for $1.2M Drone Development
AI Summary
Eva Live Inc.'s wholly owned subsidiary, Eva Defense Inc., has partnered with Boumarang Inc. to develop a resilient communications unmanned aircraft system (UAS). Eva Defense will fund a twelve-month development program with a $1.2 million commitment, paid monthly. This initiative is part of Eva Live's broader strategy to establish Eva Defense as a leader in advanced autonomous defense technologies, targeting a sub-55-pound jam-resistant drone for contested environments.
Key Highlights
- Eva Defense, a wholly owned subsidiary of Eva Live Inc., partnered with Boumarang Inc.
- Agreement to develop a resilient communications unmanned aircraft system (UAS).
- Eva Defense committed $1.2 million to fund the twelve-month development program.
- Payments of $100,000 per month are scheduled from August 2026 through July 2027.
- Program targets 10 to 20 field-tested, beta-ready prototypes.
- Aims for a sub-55-pound jam-resistant drone for contested environments.
- This is part of Eva Live's strategy to build an integrated defense technology platform.
Price Impact
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