EYEFI Group Technologies Inc (TSE:SPAI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
SPARC AI INC. is set to commercialize its AI technology for drones, targeting applications in situation awareness, search and rescue, and more, while also developing a cost-effective, fully autonomous loitering munition drone designed to be undetectable by countermeasures. With a successful integration test completed, the firm is preparing marketing materials and engaging with potential clients. Additionally, the company has secured a $200,000 interest-free loan to support the development of this innovative drone technology.
For further insights into TSE:SPAI stock, check out TipRanks’ Stock Analysis page.