Citrine Global Corp. (DBA SkyTech Orion Global Corp.) (OTCQB: CTGL) today issued a shareholder update letter from the Company’s Chairwoman and Chief Executive Officer, Ora Elharar-Soffer
Globenewswire·2025-10-24 13:05

Core Insights - SkyTech Orion Global Corp. is entering a new era focused on innovation and growth in unmanned systems and advanced drone solutions for defense and civilian applications [1][2] - The company has undergone a strategic transformation from health and wellness to the unmanned systems market, which is valued at approximately $42 billion in 2025 and expected to exceed $186 billion by 2034 [3] Strategic Transformation - The company conducted a comprehensive strategic review during 2024-2025, adapting its vision and structure to align with changes in the global defense and drone market [2] - A bold decision was made to transform operations rather than halt them, focusing on the evolving needs of the international economy [2] Technological Advancements - The SkyTech Replicator™ Drone Platform has been developed, featuring a modular architecture that allows for rapid mission reconfiguration [4] - The Replicator system is designed for flexibility and reliability, with all components compliant with NDAA and Western defense standards [5] Manufacturing Innovations - The company introduced the Replication Manufacturing Method, enabling rapid production line replication while maintaining quality and control [6] - Collaboration with Stratasys allows for scalable manufacturing infrastructure using advanced technologies and 3D printing [6] National and Industrial Initiatives - The establishment of the SkyTech Center Israel, recognized by the Israeli government, aims to enhance local manufacturing capacity and technological independence in defense drones [7][8] - The center will support the production of thousands of units, with assembly centers planned in both Israel and the United States [11] Competitive Advantage - SkyTech Orion operates through a dual-nation structure, integrating U.S. innovation with Israeli technological excellence [9][10] - This framework provides access to defense procurement channels and government funding programs in both countries [16] Leadership and Growth - The company has strengthened its management and development capabilities, laying a foundation for sustained growth and global expansion [15] - A strategic capital raise is planned to accelerate international expansion and enhance production capabilities [17]