-
South African election results renew debate over identity-based voting
-
Post-election pressures complicate US and Israeli decisions on Iran
-
South African voters report smoother local election but declining IEC trust
-
UN members approve talks on treaty protocol against environmental crime
-
Dolly Parton museum and Nashville hotel open after singer’s death
-
Family-run West Sussex beach café prepares for first winter season
-
George and Amal Clooney attend New York political-comedy reading
-
CT scans reveal health and burial clues from Egypt’s Braided Lady mummy
-
British buyers pay substantial premiums for period-home appearance
-
Oxford faces complaints over lecturer’s classroom attire
-
Thomas Markle released to house arrest after child-abuse-image charge
-
Kyren Wilson and John Higgins reach International Championship snooker final
-
Dawn of War 4 developers chose Adeptus Mechanicus for tactical variety
-
New Zealand and Tonga meet for place in Rugby League World Cup final
-
Italy face unbeaten South Africa in Turin Nations Championship match
-
Reports of unsafe AI-toy responses renew calls for child-safety rules
-
ChatGPT interactive interface feature tested across six custom tools
-
Juneau food network combines difficult supply routes with deep sharing traditions
-
Freshways milk-price cut deepens pressure on UK dairy farms
-
India climbs green-transition ranking after first emissions decline in 25 years
-
Labour and National remain virtually tied as New Zealand vote count advances
-
Trump names Stephen Miller as White House chief of staff after midterm losses
-
The Good Daughter adapts Karin Slaughter thriller with Rose Byrne and Meghann Fahy
-
Restored Albanian tower houses anchor new rural tourism trail
-
Heavy-lift drone evacuates wounded Ukrainian soldier from frontline kill zone
-
Sonia Gandhi reflects on family tragedy and reluctant political career
-
Morrison says West Brom recovered after pressure from successive derby losses
-
Pope Leo begins three-country South American tour in Uruguay
-
Britain considers 2027 state visit for Ukraine’s Zelensky
-
Khawaja says entire Australia camp knew of 2018 ball-tampering plan
-
Anna Miltina Confronted with Racism Allegations on ProSieben Show
-
November Foraging Guide: Edible Mushrooms and Critical Safety Protocols
-
German Auto Giants Face Existential Crisis as China Sales Plummet
-
Microsoft Updates Xbox PC App with 60% Faster Startup and Redesigned Interface
-
Cause of Death Revealed for 'Ellen' Producer Matthew Wright
Dynamic Aerospace Systems (DAS), aka BrooQLy, Inc., Trading Symbol: BRQL, Secures $15 Million Equity Investment from Platinum Point Capital LLC to Accelerate UAV Development and Aerospace Innovation
ANN ARBOR, MICHIGAN / ACCESS Newswire / August 6, 2025 / Dynamic Aerospace Systems (DAS), aka BrooQLy, Inc. (OTCQB:BRQL), a leading innovator in unmanned aerial vehicles (UAVs) and aerospace technologies, today announced it has entered into a $15 million equity purchase agreement with Platinum Point Capital LLC, a Nevada-based prominent institutional investor ("Platinum Point"). This strategic financing will provide the Company with flexible capital to accelerate the development of its UAVs for the military defense market and beyond, while advancing its broader aerospace innovation initiatives. Under the terms of the Equity Purchase Agreement, the Company has the right, but not the obligation, to issue and sell up to $15 million of its common stock to Platinum Point, over the commitment period, which extends through 2028 or until the maximum commitment amount is reached. The agreement allows the Company to access capital at its discretion, subject to certain conditions, enabling DAS to strategically manage its growth while minimizing dilution.
"This $15 million equity investment from a leading institutional investor like Platinum Point Capital provides Dynamic Aerospace Systems with significant financial flexibility to drive our mission of revolutionizing aerospace technology. This equity investment is structured to support DAS' ongoing development of advanced UAVs and aerospace systems, which meet the evolving demands of both military defense and various other commercial applications," commented DAS.
The Company's focus on next-generation UAV technology positions it to address critical needs in the military defense sector, including surveillance, reconnaissance, and tactical operations. The financing allows for exploration of opportunities in adjacent markets such as, but not limited to, autonomous logistics and deliveries, agri-business, and aerial inspections. This financing enables the Company to enhance its engineering capabilities, forge strategic partnerships, and capitalize on growing demand for innovative aerospace solutions.
The transaction is subject to the satisfaction of certain conditions, including the effectiveness of a registration statement to be filed with the U.S. Securities and Exchange Commission (SEC).For more information about the Equity Purchase Agreement, please refer to BrooQLy's SEC filings available at https://www.sec.gov/edgar/browse/?CIK=1854526&owner=exclude
About Dynamic Aerospace Systems (DAS), aka BrooQLy Inc.:
Dynamic Aerospace Systems is a Nevada incorporated business dedicated to developing innovative aerospace technologies, with a focus on advanced UAVs for military defense and commercial applications. Committed to engineering excellence and strategic partnerships, DAS aims to deliver reliable, high-performance solutions to meet the evolving needs of the aerospace industry. The Company's common stock is traded on the OTCQB Market under the ticker symbol "BRQL."
https://www.dynamicaerosystems.com/
About Platinum Point Capital LLC:
Platinum Point Capital LLC is a Nevada-based institutional investor specializing in providing flexible financing solutions to high-growth companies. With a focus on fostering innovation and long-term value creation, Platinum Point Capital partners with visionary companies across various sectors to support their strategic objectives.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding DAS's anticipated use of proceeds, UAV development, growth plans, and ability to capitalize on market opportunities in the defense sector and beyond. These statements are subject to risks and uncertainties, including but not limited to market conditions, regulatory approvals, and the Company's ability to meet the conditions of the Equity Purchase Agreement. Actual results may differ materially from those expressed or implied. For a discussion of these risks, please refer to DAS's filings with the SEC. The Company undertakes no obligation to update these statements except as required by law.
Contact Information:
Dynamic Aerospace Systems (DAS), aka BrooQLy Inc.
3753 Plaza Dr
Ann Arbor, MI 48108
Investor Relations: [email protected]
Media Inquiries: [email protected]
SOURCE: BrooQLy, Inc.
View the original press release on ACCESS Newswire
P.Santos--AMWN