Allan Evans is the Chief Executive Officer of the Company. Further, Mr. Evans was appointed as a director of the Company in November 2023. Previously, he was the Chief Operating Officer of Red Cat from January 2021 to November 2023 and was the Chief Executive Officer of Fat Shark. He is a serial entrepreneur with a history of founding and leading technological innovation. He has extensive experience in overseeing different emerging technologies. From August 2017 to October 2020, he served as a board member for Ballast Technologies, a company that specialized in technology for location-based entertainment. In November 2012, he co-founded Avegant, a technology company focused on developing next generation display technology to enable previously impossible augmented reality experiences. He led design, development, and initial production of the Glyph head mounted display and oversaw technology research and patent strategy while serving as Chief Technology Officer of Avegant until 2016. He has 47 pending or issued patents that cover a range of technologies from implantable medical devices to mixed reality headsets. Academically, his work has an h-index of 15, an i-index of 28, and has been cited in more than 1,000 publications. He has extensive experience with new technologies, engineering, business development, and corporate strategy, and his expertise in these areas strengthens the Company’s collective knowledge and capabilities.
Mr. Thompson founded the company and has served as a director of the Company since its inception in 2019 and served as the Company’s principal executive officer from 2019 until April 2022. In addition to serving as a director of the Company, Mr. Thompson is also the Chief Executive Officer and Chairman of Red Cat Holdings, Inc. (RCAT), the parent company of Fat Shark and Rotor Riot. Thompson is a serial tech entrepreneur who has led companies from the startup phase to successful exits and IPOs. Mr. Thompson was a director of Exactus, Inc. (OTCQB:EXDI), a producer and marketer of products made from industrial hemp (CBD), from January 2019 until April 2020. Mr. Thompson was a director of Panacea Life Sciences Holdings, Inc. (OTCQB:PLSH), a producer and marketer of products made from industrial hemp (CBD), from January 2019 until April 2020. In 2016, Mr. Thompson founded Red Cat Propware Inc., a provider of cloud-based analytics, storage, and services for drone aircraft, and served as its Chief Executive Officer until May 15, 2019 when it was acquired by Red Cat. Mr. Thompson was the founder, President, Chief Executive Officer and Director of Towerstream Corporation (TWER), a fixed-wireless company delivering high-speed internet access, from November 2005 to February 2016. In 1994, Mr. Thompson founded EdgeNet Inc., a privately held Internet service provider (which was sold to Citadel Broadcasting Corporation in 1997) and became eFortress through 1999. Mr. Thompson holds a B.S. degree from the University of Massachusetts.
Ms. Colón serves as a director and as Chair of the Corporate Governance and Nominating Committee. Ms. Colón is an attorney currently admitted to practice federal law and state law in the District of Columbia and Florida. She serves as President at Cinmarc & Associates LLC, a multi-faceted consulting firm working with public housing authorities and local governments. Ms. Colón has also been the owner/operator Café de La Plaza, a restaurant located in Palmas del Mar, Puerto Rico, since 2009. From 2019 to 2021, Ms. Colón served as an investor relations specialist at OptimizeRX, a medical technology company. Ms. Colón graduated with a Bachelors degree from American University in Washington, DC. Ms. Colón received her J.D. from St. Thomas University School of Law in Miami, FL.
Mr. Lowry serves as a director and as Chair of the Compensation Committee. Mr. Lowry has diverse professional experience that includes proficiency in the financial and securities industry. He started his career in the financial arena working for brokerage firms in Philadelphia. His background includes construction management, leasing, turnkey development for third party client accounts as well as company owned real estate investments. Mr. Lowry is currently the Managing Director of Lowry Family Office, which invests and actively manages in the sustainable food arena as well as in blockchain technology that is employed to trace and track food sources worldwide. Mr. Lowry has been the owner of Sebring Assisted Living Facility since 1998, and the owner of Homestead Assisted Living Facility since 2007. Mr. Lowry graduated from the University of Delaware College of Business with B.A. degrees in Economics and Finance.
Mr. Rich serves as director and Chair of the Audit Committee member of the Company since January 31, 2024. Since March 2012, Mr. Rich has served as a director of Aspen Group, Inc. [OTCQB: ASPU] and since November 29, 2019, as its Audit Committee Chairman. From August 2, 2017 to June 23, 2019, Aspen Group, Inc. had its common stock listed on the Nasdaq Capital Market and from June 24, 2019 to March 23, 2023, Aspen Group, Inc. voluntarily withdrew from the Nasdaq Global Market to focus on its core business and save money. From March 2006 to January 2020 Mr. Rich served as a director of Ins Pro Technologies Since January 2016, Mr. Rich has served as the Executive Director of the New York City Board of Education Retirement System. Mr. Rich also served as a member of the Investor Advisory Group of the PCAOB for a term from June 1, 2022 to December 31, 2023. From November 2012 to January 2016, Mr. Rich served as the Chief of Negotiations and Restructuring for the Pension Benefit Guaranty Corporation (a United States Government Agency). Mr. Rich was selected as a director for his 40 years of experience in the financial sector and his experience serving on the audit committees of public companies.
