Las Vegas Review-Journal

Nevada spreads its wings

Local companies among those making impact at Interdrone

- By Nicole Raz Las Vegas Review-journal

Although Nevada didn’t have a strong presence on the exhibit floor, local drone officials say the state still made a mark at InterDrone.

The commercial drone conference ran Wednesday through Friday at the Rio. Of the 170 exhibitors that displayed their latest and greatest drone gear, six were local — and not necessaril­y drone-related.

The city of Henderson, the Nevada Institute for Autonomous Systems, the Nevada Business Aviation Associatio­n and the

Las Vegas Drone Club all had booths, as did Las Vegas-based Yota Entperises, which was selling cellphone accessorie­s, and

OIC Advance, which was offering massages.

Interdrone event organizers told the Las Vegas Review-journal that OIC Advance is a Nevada company, though the company is not listed on the Nevada Secretary of State’s website, and a company representa­tive did not return a request for comment.

Reza Karamooz, president of the Nevada Business Aviation Associatio­n, ran its booth with some interns promoting science, technology, engineerin­g and math education.

“We bring this type of tech to you,” he said.

Karamooz exhibited on the floor with the intent of meeting other STEM education organizati­ons that could collaborat­e with him. That didn’t pan out the way he would have liked, he said, but he hopes to partner with some Clark County School District classrooms soon.

“I invited educators from CCSD to come to the expo for free,” he said.

While the show floor wasn’t packed with Nevada-specific companies, Chris Walach, director of all testing sites in Nevada for unmanned aerial systems, said the state’s presence was the greatest it has been since Inter

INTERDRONE

Several states, from New York to West Virginia to New Hampshire, on Friday reported the number of victims in the Equifax data breach.

However, the Nevada attorney general’s office couldn’t provide the Review-journal with the number of Nevadans swept up in the national hack of credit reporting company Equifax.

Shannon Wilkinson, president of Las Vegasbased Axiom Cyber Solutions, said the real question is who wasn’t hacked.

Las Vegas could be a hot spot, she said, given that Las Vegas’ mortgage lending rate is among the fastest-rising and that casinos may often use a credit monitoring company, like Equifax, to issue a line of credit.

“People may be affected and they don’t even know,” Wilkinson said. “One of the things that’s

FALLOUT

under the company’s 2004 equity award plan with a grant value of $1 million.

The new agreement says Adelson may be reimbursed $200,000 annually for personal legal and tax preparatio­n fees, as well as for the cost of a car and the driver of his choice, the use of a business jet for his and his companions’ travel and security services for himself, his wife and his children until they reach the age of 22. Adelson also is eligible to receive perquisite­s and

employee benefits available to the company’s senior executives.

The agreement’s term expires on Dec. 31, 2021, and is subject to automatic extensions for successive oneyear periods unless Adelson gives notice of his intention not to renew the agreement.

In addition to being Sands’ top executive, Adelson is the company’s founder.

It was the first salary adjustment for Adelson since the company’s 2004 initial public offering.

Bloomberg reported late Thursday that Adelson, 84, will have the largest annual salary among CEOS in the

S&P 500. He has a net worth of $32.6 billion, according to the Bloomberg Billionair­es Index. Forbes reported Adelson’s net worth at $35.5 billion, ranking him 14th on the Forbes 400 list.

The SEC filing also spells out Adelson’s compensati­on should he resign, retire or be terminated.

The Review-journal is owned by the family of Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson.

Contact Richard N. Velotta at rvelotta@reviewjour­nal.com or 702477-3893. Follow @Rickvelott­a on Twitter.

 ?? Bizuayehu Tesfaye ?? Las Vegas Review-journal@bizutesfay­e James Spear, an unmanned aircraft systems pilot, assembles the Yuneec H520 unmanned aircraft system Thursday outside the Rio. Yuneec and the Nevada Highway Patrol demonstrat­ed the use of drones to investigat­e...
Bizuayehu Tesfaye Las Vegas Review-journal@bizutesfay­e James Spear, an unmanned aircraft systems pilot, assembles the Yuneec H520 unmanned aircraft system Thursday outside the Rio. Yuneec and the Nevada Highway Patrol demonstrat­ed the use of drones to investigat­e...

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