United Aerospace, Inc. was incorporated in Nevada on the 22^nd of October 2004 specifically to be the corporate vehicle to acquire various technologies available through the technology transfer program offered by the National Aeronautics & Space Administration ("NASA"). To that end UAI signed a partially exclusive licensing agreement with NASA on the 14^th of December 2005 for a coupler technology which allows for a quick connect/disconnect coupler system. UAI is initially targeting the trailer hitch market as its entry point into the coupler industry. The US trailer hitch industry has been estimated to be between $500 million and $1 billion annually and the global market substantially higher. UAI believes that with a more user friendly trailer coupler, priced competitively, they will have the ability to capture part of the $1 billion plus global market in trailer couplers and at the same time continue to find other applications for the technology that will open additional opportunities to create company cash flows. UAI anticipates manufacturing and marketing to commence during 2006.