BT Brands, Inc. (BTBD), an operator of fast-food restaurants, Tuesday announced that its proposed merger partner Aero Velocity Inc. has entered a strategic partnership with AC Future, Inc. to jointly develop a Mobile Drone Launch Vehicle platform for U.S. military and public-sector applications.
The partnership brings together Aero Velocity's expertise in unmanned aerial systems (UAS), ISR operations, and defense-focused drone technologies with AC Future's advanced mobility and smart platform engineering capabilities, the company said in a statement.
Mobile Drone Launch Vehicle or MLDV platform provides a fully mobile, self-contained drone launch, recovery, and command platform capable of operating in austere and communications-degraded environments.
The companies surmise to pursue U.S. Department of War and other government funding opportunities as well as evaluate commercial and public safety use cases.
In pre-market activity, BTBD shares were trading at $1.99, up 16.37% on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.