The Military Technical Institute Belgrade (VTI) and BB Composite has unveiled an improved version of new «Pegaz» multifunctional unmanned aircraft complex at military parade in Novi Sad.

On the occasion of 72 years since the liberation of the city in World War II, military parade was held on the banks of the Danube river, where was unveiled the «Pegaz» unmanned aircraft complex with anti-tank missiles.

The «Pegasus» is a surveillance and reconnaissance system initially developed for the Serbian Army and export.

Development of the Pegaz UAV commenced in late 2010. A prototype of Pegaz, designated as Pegaz-011, was unveiled at the Partner 2011 International Fair of Armament and Military Equipment defence exhibition held in June 2011 in Belgrade, Serbia. The Pegaz-011, built by BB Composite, made its first flight in October 2011.

The drone also took part in Partner 2015 exhibition, as well as in DSEI 2015 Defence and Security Equipment International exhibition held in London, UK.

Dimensions include a length of 17.7 feet, a wingspan of 20.8 feet, and a height of 5.8 feet. Empty weight is listed at 265 pounds with a Maximum Take-Off Weight (MTOW) nearing 510 pounds. Performance specifications include a maximum speed of 125 miles per hour, a cruising speed of 90+ miles per hour, a range out to 62 miles (endurance window of about 12 hours), and an operating service ceiling of 3,000 meters.