AMUCActa Mathematica Universitatis Comenianae
AMUCAmiga Users of Calgary (Canada)
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As part of the investment arrangement, Utilicraft plans to merge with American Utilicraft Corporation on a share for share basis with the current AMUC shareholders.
Details of the near-term progress of the construction of the Prototype center fuselage assembly, as well as the construction of the other assemblies, will be the topic of a series of on-going joint-releases by AMUC and MTI that will track the schedule and milestones of the Prototype FF-1080 aircraft -- leading to first flight.
Charlie Gallamore, President of the firm, stated, "We are very pleased to have been selected to assist AMUC in financing its business plans.
AMUC anticipates the value, of the proposed Capacity Services Agreement, to be approximately $875 million over the five year period.