CAM GROUP, Inc. (Consolidated Aerospace Manufacturing Defense Group) (OTC: CAMG), International Aerospace Specialized Manufacturing company, Unmanned Systems, Counter-UAS-Robotics; Critical Infrastructure and Key Resources (CIKR) Protection, Cybersecurity; Intelligence, Surveillance, Reconnaissance (ISR) Data Analytics today announced the combination and relocation of its corporate headquarters in Europe and the United States, effective April 15, 2022.
The combination of TECHNOMECA DEFENSE, INC and ACTION DESARROLLOS SECTORIALES S.L includes the acquisition of Assets of both companies including the integration of the entities including the combination of the management team in Austin Texas USA, and Zamudio, Gipuzkoa Spain, with field offices in Rota, Spain; Belfast, United Kingdom and Versailles, France. The hybrid result of this combination is for a value of over $35.000.000 Million including over 15 years of Research and Development.
The management team is well versed in private and public capital markets, both in the US as well as the EU.
The Chairman and CEO Rafael A Pinedo, with experience in the technology, engineering, energy, and defense sector. The President Richard Cohen with experience in the military defense Industry, commented, that expanding our presence in the European region will further our access to new markets in the Defense Industry. "Our recent combination acquisition will expand our footprint to East Europe and build on our momentum as we continue to grow our portfolio. We look forward to growing our presence in NATO countries serving our customers with solutions that help them Proceed with Certainty."
About CAM GROUP, Inc. Headquartered in Austin, Texas,
CAM GROUP, Inc. (Consolidated Aerospace Manufacturing Defense Group) (OTC: CAMG) and serves defense, government, and commercial customers around the world the ability to rapidly mitigate threats faster than ever before possible. For more information, visit www.camgdefense.com
SAFE HARBOR STATEMENT
Certain statements in this press release may constitute "forward- looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
The information herein is subject to change without notice, the company shall not be liable for technical or editorial errors or omissions contained herein.
Copyright ©2024 Cam Group, Inc.