Volcon Awarded First Stag UTV Order With US Army

AUSTIN, TX | October 5, 2022 | Volcon Inc. (NASDAQ: VLCN), the first all-electric, off-road powersports company, announced today that it has been awarded its first order to deliver two Stag UTV vehicles to the U.S. Army under the management of the U.S. Army Engineer Research and Development Center’s (ERDC) Construction Engineering Research Laboratory (CERL).

The Stag, the Company’s first all-wheel drive, fully electric UTV, powered by General Motors electric propulsion system technology, is expected to be delivered to two U.S. Army locations in mid-2023.

Awarded through the Department of Logistics (DLA) Tailored Logistic Program (TLSP), to be fulfilled by Noble, the slightly modified commercial version of the Stag will include a fully enclosed cabin, and will be evaluated to support the U.S. Army Corp of Engineers (USACE) disaster and emergency response missions, in accordance with the National Response Framework (NRF). Missions include emergency power support, emergency infrastructure assessments, debris removal, and urban search and rescue, which require rapidly deployable and energy efficient systems to successfully initiate and conduct emergency response, disaster, and contingency operations. In addition, ERDC-CERL’s intent is to introduce the Stag to soldiers rotating through their training sites and look for other opportunities for military applications.

“This award is a significant first step into the federal government marketplace,” says the Company’s Vice President of Global Defense and Government Programs, Richard Tannery. “Given the increasing demand for government fleet electrification via the Department of Defense’s Operational Energy Strategy, and now via executive order, we are well positioned to develop and deliver high performance electrified platforms to meet a diverse array of government applications.”

As Volcon continues to enter new sales channels, their ability to rapidly prototype and leverage strategic partnerships and innovative collaborations has been met with increased interest by various defense and government entities to meet the aggressive timelines for fleet electrification.

Did you know...

That the electrification of the off-road powersports industry has just begun? With companies like Tesla, Ford, GM, BMW and the many others that have helped make EV a reality for on-road vehicles, off-road internal combustion engine companies have lagged behind.

Volcon was founded in order to fill this void by focusing solely on the electrification of the off-road powersports industry and since inception, we have only engineered, designed and built electric vehicles to be enjoyed in the dirt!

Because of this, the media has taken notice and we have been featured in almost every major powersports publication on the planet!

Forward-Looking Statements:
Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.