J-Star Holding Co., Ltd. Advances U.S. Drone Manufacturing Initiative; Negotiates Acquisition of Facility in the Greater Houston Area

J-Star Holding (Nasdaq: YMAT) announced it is in negotiations to acquire a commercial manufacturing facility in the Greater Houston area as the base for planned U.S. drone-frame production. The facility would anchor YMA (TX) INC., an independent U.S. entity J-Star is organizing as a platform for joint ventures with North American UAV developers, aerospace OEMs, and industrial partners, with J-Star contributing proprietary carbon fiber composite technology and engineering.

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