Spectacular Solar and SkyVue, LLC Combine Forces for Joint Venture
May 13 2019 - 6:25AM
InvestorsHub NewsWire
Spectacular Solar and SkyVue, LLC Combine Forces for Joint Venture
RAHWAY, NJ -- May 13, 2019 -- InvestorsHub NewsWire --
Spectacular Solar, Inc. (a Nevada Corporation) (OTCPK: SPSO) is
pleased to announce that the company has agreed to terms and has
entered into a joint venture with SkyVue, LLC.
Reflecting its strategy of being fully integrated and utilizing
the latest in scientific/high technology, Spectacular Solar has
formed a joint venture with SkyVue, an established drone operations
and aerial production company based in New Jersey. The partnership
will return immediate dividends for Spectacular Solar as SkyVue
will aid in solar system maintenance by combining thermal imaging
technology and drone technology, which can detect dead modules and
panels on the cell level and can determine the degradation level of
each module.
“There is tremendous synergy between our two companies as both
Greg (Gomes) are I clearly ‘out-of-the-box’ thinkers and doers,”
said Doug Heck, CEO of Spectacular Solar. “This joint venture is
going to produce valuable contracts that will have a strong
positive effect on SPSO’s net revenue and will benefit SkyVue
financially as well.”
Additionally, SkyVue offers a wide variety of commercial and
consumer aerial production services, ranging from to real estate
inspections to sports coverage to producing stock footage.
Gomes and his partner Josh Spooner have over 50 years of
remote-controlled aerial platform flying and photography
experience. With state-of-the-art aerial platforms in their
arsenal, SkyVue has the wherewithal to get that perfect aerial
still shot, film the unbelievable action shots or inspect the
exterior of a 20-story commercial building.
The goal of the JV is to apply Spectacular Solar’s science-based
approach to the ongoing development of drone-based applications,
which includes residential and commercial heat mapping, airport
designs, construction siting and other innovations.
“We are committed to pushing the edge of the envelope with
technologies that have a primary or secondary place in the
development of alternative energy sources,” Heck said. “This
reflects our emerging goal to serve as a laboratory for innovation
in a variety of technology sectors.”
Although Spectacular Solar and SkyVue will remain fully
independent, both companies are committed working together for the
long term on innovation through various industry verticals.
Heck, in keeping with his reputation of being an industry
disruptor, was able to sum up the ultimate aspiration for the joint
venture in a single sentence.
“Both companies are keen on seeking to move from ‘what is’ to
‘what can be.’”
For more information: please
visit http://www.spectacularsolar.com and
please follow us on Twitter:
@SPECTACULARSOL1
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About Spectacular Solar,
Inc.: Spectacular Solar is a diversified
company involved in solar system installations, investment fund
management and roofing contracting through its subsidiaries. DC
Solar Integrators designs and installs state-of-the-art solar
conversions for home and business owners. Star Power Services is a
bonded and licensed roofing contracting company with expertise in
new roof installation, repairs and maintenance. The Solar Energy
Investors Fund contributes to the ongoing insurance expenses
directly associated with installation of solar systems. In
return, the fund receives a share of tax benefits and ongoing
revenue generated from electricity sales.
Safe Harbor Statement
This release contains forward-looking statements that relate to
future events or performance. These statements reflect the
company's current expectations and are made pursuant to the Safe
Harbor Provisions of the Private Securities Litigation Reform Act
of 1995. The company doesn’t undertake to update or revise these
forward-looking statements, even if experience or future changes
make it clear that any projected results expressed or implied in
this or other company statements will not be realized. Readers are
cautioned that these statements involve risks and uncertainties,
many of which are beyond the company's control, which could cause
actual results to differ materially from the forward-looking
statements. Factors that could cause these differences include, but
are not limited to, the acceptance of our products, lack of revenue
growth, failure to realize profitability, inability to raise
capital and market conditions that negatively affect the market
price of our common stock. The Company disclaims any responsibility
to update any forward-looking statements.
Contact:
Gregg Boehmer
laynemichaelpr@gmail.com
Spectacular Solar (CE) (USOTC:SPSO)
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