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UVision Invests in SpearUAV

UVision Air Ltd. revealed its strategic investment in SpearUAV, who have developed an
autonomous, AI-based technology for encapsulated SWARM-based UASs.

The two companies will work to share their technological knowledge: UVision with its proven
knowledge and experience in loitering munition systems, and Spear with its expertise in AI based
tactical drones for ISTAR missions. The synergy between the companies will make it possible to
offer a comprehensive solution for varying operational needs from the micro-tactical forces and
brigade level, to the division level.

“This investment in Spear comes as a direct continuation of the company’s expansion in the
international defense market,” says Major General (Ret.) Avi Mizrachi, CEO of UVision. “Just
recently, UVision was selected by the U.S. Marines to provide its advanced loitering munition
system, Hero-120, as part of a multi-year installation for all armored vehicles. Spear offers a
unique ISTAR solution that can be easily deployed by any soldier in the field. Together, we are
creating a broad-spectrum solution, tailored to any operational need of our customers – at sea, in
the air and on land.”

“We are pleased and proud of our strong partnership with UVision,” says Colonel (Ret.) Gadi
Kuperman, Founder & CEO of SpearUAV. “UVision has recognized the enormous potential of
Spear’s robust, intuitive, and autonomous solutions for immediate, aerial superiority, in both the
defense and HLS markets. While Spear continues to thrive and grow independently, we are
confident that this collaboration will bring with it a breakthrough into new markets for the two
companies.”

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