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Drone Ready

$5.00

Current Market Price

I accept the  license agreement

ILO Standard License

THIS AGREEMENT is between Drone Ready (“the Company”), - AND – The Buyer who is the Current License Holder, and who holds this license to promote the companies message to their audience with a view increasing their sales, which will in turn will increase the royalty to all license holders. The Buyer is determined by the Live Ledger held by ILOCX which holds details of licenses issued bought and sold (“the Buyer”).

This license commences on:

November 17, 2020

Details of the Licensed Product are described on the Company’s page hosted on the site at www.ILOCX.com

Special Conditions:

None

Minimum Requirements for Qualification are a confirmed share of the Company’s information and Promotional Message on social media. This can be done on the ILOCX platform. Alternative ways to qualify are at the discretion of the company selling the license.

Initial price per license:

$5

Under the License Agreement the buyer is entitled to royalty payments once qualified

Each License receives a royalty equal to 15% of the Gross Revenues from the recorded and officially filed revenue, divided by 200,000, the total amount of ILO Units in the Initial License Offering. All royalties will be paid to the Buyer’s wallet on the ILOCX platform within 5 days of payment settlement from the company. These days will be announced prior to release.

This License is for an Initial Term of 3 years at which time the License can be extended by the issuing Company for a further 3 years, (a “Rollover”) and new terms may be set by the company at this time in line with ILOCX exchange rules and guidelines. Alternatively, the Company may offer to buy the License back from the Buyer (“a ‘Buyback”). The Company will give notice of Rollover terms or Buyback Price 90 days before the end of the Initial Term, as outlined in the Buyer Terms and Conditions.

All licenses must be valid and deemed qualified to benefit from the Royalty and the Rollover or Buyback.

This Agreement should be read in conjunction with the License Terms and Conditions, the Company Terms and Conditions, the Buyer Terms and Conditions and the ILOCX Terms of Use which form part of this entire Agreement, as well all ILOCX rules, policies, rulings and procedural requirements (collectively the “ILOCX Terms and Conditions”).

All parties have read and agreed to comply with the ILOCX Terms and Conditions, this Agreement, and any documents included by reference above. These may be amended from time to time and the parties will be notified by email of such amendments. Breach of any of the terms of this agreement may result in termination of this Agreement under the termination procedures outlined in the License Terms and Conditions.

This Agreement shall be governed by the laws of Gibraltar, UK and the parties exclusively submit to the jurisdiction of the Courts of Gibraltar, UK. In the event of any dispute, refer to the terms and conditions for the procedure.

Agreed on behalf of the Company:
The Company confirms its consent to this License Agreement by presenting the ILO for sale on the ILOCX platform.

Agreed on behalf of the Buyer:
The Buyer consents to this agreement by completing their order on ILOCX.

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Buy

Drone Ready allows drones to communicate, operate, land and charge reliably without any operator present, unlocking a billion dollar industry which is unable to scale until fully autonomous solutions for landing and charging become widespread.

By combining hardware and software solutions, Drone Ready allows drones to land autonomously on a landing pad the size of an A3 sheet paper, in winds of up to 20mph – beating their nearest competitor twice over.

INTEGRATIONS

Drone Ready has spent significant time and resources to develop a landing pad with both an electromagnetic capturing system and a physical tether to autonomously and wirelessly charge and secure a drone.

Drone Ready’s wireless charging and remote guidance is retrofittable to most high end drones, allowing existing drone fleets to stay out in the field indefinitely, filling in a missing piece of the puzzle for safety, logistics, law enforcement and emergency response operations.

OUR TECHNOLOGY

Our innovative technology includes:

Smart Landing Guidance – Combined with their capture systems SLG allows for extremely precise landings even in harsh weather and lighting conditions. 

Smart Relay System – massively boosts the range of existing drone control and remote view systems.

Remote Data Transfer and Relay – RDTR transfers on drone footage, and relays live view to allow for secure, fast, remote, wireless data transfer, and secure live views for operators.

SMART LIGHTING

Drone Ready is partnering with Conflow Power Group in a joint venture to provide smart landing and guidance capabilities to their smart street light, Drone Ready benefits from Conflow’s widespread infrastructure, and the ability to directly integrate with onboard power, analytical and data transfer systems facilitating battery charing and data transfer and transmission. 

Conflow Power’s BatteryWare system will assist Drone Ready’s guidance and control systems to autonomously manage multi-drone fleets, responding in real time to real life situations, creating efficient flight plans to cover desired survey areas, while managing the drone resources to ensure uninterrupted cover, as well as secure, live relay of data to operators.

WILDFIRE PREVENTION

Drone Ready are seeking commercial contracts initially to allow remote installation for the reconnaissance and early detection and prevention of wildfires. Drone Ready’s technology will allow networks of remotely stationed drones to monitor autonomously for wildfires. In wildfire prevention time is critical, the chance of a wildfire spreading dramatically increases each minute it is undetected. Drones can cover a wide area, and during fire season Drone Ready allows them to maintain a constant watch. Existing fire watch stations and teams act as ideal communications hubs and relays.

INDUSTRY LEADER

We’re pushing for the standardisation of wireless charging technology and capture systems onto drones as they move towards commercialisation. We envision our smart charging and landing technology becoming standard on high end drones.

Drone Ready

Drone Ready is a cutting-edge Drone Guidance System, with an innovative landing pad that provides secure drone storage and charging.