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Company Profile for Mundus Group, Inc.


Mundus Group, Inc. (MNDS MNDS Multi-Network Design System ) is a holding company within the aerospace industry. Roadable Aircraft International (RAI rai  
n.
A form of popular Algerian music combining traditional Arabic vocal styles with various elements of popular Western music and featuring outspoken, often controversial lyrics.
), a division of Mundus Group, Inc., is an aerospace technology business. In 2002, RAI and US NAVY patented and co-developed technology for UAV UAV Unmanned Aerial Vehicle
UAV Unmanned Air Vehicle
UAV Unmanned Aerospace Vehicle
UAV Unmanned Airborne Vehicle
UAV Uninhabited Air Vehicle
UAV Urban Assault Vehicle
UAV Unpiloted Aerial Vehicle (less common) 
 VTOL VTOL  
n.
A convertiplane that can take off and land vertically.



[v(ertical) t(ake)o(ff and) l(anding).]

VTOL vertical takeoff and landing
 unmanned vertical takeoff and landing Vertical takeoff and landing (VTOL)

A flight technique in which an aircraft rises directly into the air and settles vertically onto the ground. Such aircraft do not need runways but can operate from a small pad or, in some cases, from an unprepared site.
 vehicles.

In 1991, RAI developed innovative technology for building VTOL vehicles that would fly in the air like a helicopter but without any exposed propellers. In 1993, RAI's first prototype VTOL won the distinct award of "Best Invention of the year" at the Discovery Channel Invention Convention in San Francisco.

Since 1993 RAI's team of engineers have designed and produced two prototypes, the second of which has proven to be capable of vertical takeoffs and landings. RAI completed a 3 year (2001-2004) Cooperative Research & Development Agreement (CRADA CRADA Cooperative Research And Development Agreement ) with the US NAVY for VTOL vehicles

Three-fourths scale UAV (unmanned vertical takeoff) vehicle tethered Attached to a data or power source by wire or fiber. Contrast with untethered.  test flights were conducted at the US NAVAL Air Warfare Weapons Research Operations Headquarters in Point Mugu, California Point Mugu (IPA: [mə.ˈɡuː]), California is an unincorporated area and geographical promontory on the Pacific coast in Ventura County, near the cities of Port Hueneme and Oxnard. . RAI eliminates exposed blades allowing vehicles to operate within close proximity to buildings, infrastructure and pedestrian traffic, making it ideal for emergency response and rescue as well as police and inner city protection.
Company:               <
Mundus Group, Inc.
                       <

Headquarters Address:  <
3540 W. Sahara Ave #1255
                       <
Las Vegas, NV 89102
                       <

Main Telephone:        <
805-416-5030
                       <

Website:               <
www.mundusgroupinc.com
                       <

Ticker:                <
MNDS(NQB)
                       <

Type of Organization:  <
Public
                       <

Industry:              <
Aerospace
                       <

Key Executives:        <
CEO: Josef Obermeier
                       <
Chairman: Keith Field
                       <
CFO: Debbie Kaufman
                       <

Investor Relations     <

Contact:               <
Keith Field
Phone:                 <
818-986-1047
Email:                 <
kmf@pacbell.net
                       <

Finance                <

Contact:               <
Debbie Kaufman
Phone:                 <
270-534-0168
Email:                 <
dkaufman@mundusgroupinc.com
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Publication:Business Wire
Article Type:Company overview
Date:Jan 18, 2008
Words:261
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