| GBA
News - November 7 , 2005
FOR FURTHER INFORMATION Hank Parry/Media;
Al Waddill/Investor Information
Groen Brothers Aviation
801/973-0177
GROEN BROTHERS AVIATION SELECTED BY THE UNITED STATES DEPARTMENT
OF DEFENSE ADVANCED RESEARCH PROJECTS AGENCY (DARPA) TO DESIGN NEXT
GENERATION ROTORCRAFT FOR COMBAT SEARCH AND RESCUE
Salt
Lake City, Utah – November 7, 2005 – Groen Brothers
Aviation, Inc. (GBA) (OTC: BB GNBA) announced today that the US
Defense Advanced Research Projects Agency (DARPA) has selected a
GBA-led team to design a proof of concept high speed, long range,
vertical takeoff and landing (VTOL) aircraft designed for use in
Combat Search and Rescue roles. Phase one of this potentially multi-year
$40 million four phase program, begins with a fifteen month $6.4
million award to develop the preliminary design and perform key
technology demonstrations. This modern rotorcraft, named by DARPA
as the “Heliplane” is designed to exploit GBA’s
gyrodyne technology, offering the VTOL capability of a helicopter,
the fast forward flight of an airplane, and the safety, simplicity
and reliability of a GBA gyroplane. This aircraft type could be
the next generation rotor wing aircraft, meeting economy and performance
goals not considered achievable by any other type of VTOL aircraft.
DARPA
is the central research and development organization for the US
Department of Defense (DoD). It manages and directs select basic
and applied research for DoD, emphasizing technology development
projects where payoff is high and where success may provide dramatic
advances in the capabilities of our combat forces.
“DARPA
is a vastly diverse and capable organization charged with developing
the world’s most advanced science in military technologies
of every kind,” said David Groen, President and CEO of Groen
Brothers Aviation. “The DARPA team is an amazing collection
of scientists, engineers, and management and administrative cadre,
the likes of which have no equal. We are most impressed with their
dedication and are delighted with having been selected.”
“Our
Team,” said Jay Groen, GBA’s Chairman of the Board,
“includes The Georgia Institute of Technology, Adam Aircraft
Industries, Williams International, and a highly renowned team of
aerospace consultants.” Georgia Tech is a top U.S. graduate
engineering research university, with premier aerospace engineering
programs and its world famous rotary wing technology program. Adam
Aircraft is highly respected for its innovative use of modern composite
materials, engineering quality, and rapid prototyping processes
that has allowed Adam to bring to market two new high-performance
aircraft: the six passenger “center-line-twin” A500
and the A700 personal jet. Williams International has developed
more than 40 different small gas turbine engine systems for both
military and commercial air vehicles, including the Adam A700 and
many other modern “biz-jets.”
The
GBA contract with DARPA is based upon the “gyrodyne”
concept long espoused by Groen Brothers Aviation and extensively
researched by Georgia Tech. A gyrodyne is similar in appearance
to a winged helicopter, and like a helicopter is capable of hovering
and vertical takeoff and landing. Unlike a helicopter, however,
a gyrodyne’s rotor is driven by rotor blade reaction drives
and are powered only during hover, takeoff and landing. During forward
flight, like a gyroplane, the rotor is not powered, with forward
thrust being provided by engines typical of an airplane. This use
of reaction drives for rotor power and main engines for forward
thrust eliminates the need for much of the cost, weight, and complexity
found in helicopters, while permitting much higher forward speeds.
About
Groen Brothers Aviation, Inc.
Developing
gyroplane technology since 1986, GBA is recognized as the world’s
leading authority on autorotative flight. The company has developed
the Rolls-Royce gas turbine engine powered Hawk 4, the world’s
first commercially viable modern gyroplane - the first “autogiro”
to utilize a jet engine. The Hawk 4 Gyroplane was used extensively
for security aerial patrol missions during the 2002 Winter Olympics
in Salt Lake City. The gyroplane’s inherently simple design
offers a safe and affordable alternative to helicopters and airplanes
for many applications, including aerial observation roles in both
government and private applications, agricultural aerial application,
tour guide flights, and cargo/passenger transport.
Through
its American Autogyro division, the company has also developed and
is currently selling a smaller kit gyroplane, the two seat “SparrowHawk,”
and developing a production two seat gyroplane for the Light Sport
Aircraft market. These designs also provide a safe, extremely economical
Airborne Patrol Vehicle (APV) for law enforcement and other government
applications. The Company continues to develop a nationwide dealership
network for the sale of these products.
Further information about the Company, its products, and individual
members of the GBA Team is available on the Company's web site at:
www.gbagyros.com.
Safe Harbor Statement/Forward Looking Information Disclaimer
Certain
statements in this news release by Groen Brothers Aviation are forward-looking
within the meaning of Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934,
as amended. Forward looking information is subject to risk and uncertainty.
Certain statements in this Press Release may contain forward looking
information that involves risk and uncertainty, including but not
limited to, the Company’s ability to fund ongoing operations
and to complete its obligations under the government contract and
its other ongoing commitments. Future results and trends depend
on a variety of factors, including the Company's successful execution
of internal performance plans; product development and performance;
risks associated with regulatory certifications of the Company's
commercial aircraft by U.S. and foreign governments; government
bid uncertainty; other regulatory uncertainties; performance issues
with key suppliers and subcontractors; governmental export and import
policies; and the ability to adequately finance operations including
meeting its debt obligations, fund manufacturing and delivery of
products.
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