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PD AeroSpace, LTD. and Colorado Air and Space Port Sign Memorandum of Understanding (MOU)

PD AeroSpace, LTD. (PDAS) and Colorado Air and Space Port (CASP) have entered into an MOU, which lays out a series of future interactions that are mutually expected to occur between the two entities, but are not legally binding. Future actions include PDAS establishing a United States (U.S.) presence at CASP, working with CASP to create a relationship with the Federal Aviation Administration (FAA), and eventually conducting test flights and evaluations.