Item 1B. Unresolved Staff Comments
Item
1B.
Unresolved Staff Comments
None.
32
Item 1C.
Cybersecurity
Risk
Management and Strategy
Like all companies that utilize technology,
we are subject to threats of breaches of our technology systems. To mitigate the threat to our business, we will take a
comprehensive approach to cybersecurity risk management. Our management actively oversees our risk management program, including the
management of cybersecurity risks. We intend to establish policies, standards, processes and practices for assessing, identifying,
and managing material risks from cybersecurity threats, including those discussed in our Risk Factors. We intend to devote financial
and personnel resources to implement and maintain security measures to meet regulatory requirements and stakeholder expectations,
and we intend to continue to make investments to maintain the security of our data and cybersecurity infrastructure. We intend to
establish and maintain a Cybersecurity Maturity Model Certification compliance program and will work to meet all applicable
deadlines. While there can be no guarantee that our policies and procedures will be properly followed in every instance or that
those policies and procedures will be effective, we believe that the Company’s investment in people and technologies will
contribute to a culture of continuous improvement that will put the Company in a position to protect against potential compromises
and we do not believe that risks from any prior cybersecurity threats have materially affected our business to date. We
can provide no assurance that there will not be incidents in the future or that past or future attacks will not
materially affect us, including our business strategy, results of operations, or financial condition.
Item
2.
Properties.
Our corporate headquarters
is in Orlando, Florida where as of March 2026, we lease five different facilities which are utilized for drone parts manufacturing, warehousing
and our corporate headquarters. In addition, we lease a manufacturing facility in Canberra, Australia for motor production. Our leases
vary in length, of which go through 2029.
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