EYEFI Group Technologies Inc ( (TSE:SPAI) ) has issued an announcement.
SPARC AI Inc. has submitted its innovative Target Acquisition System to a western nation’s army, aiming to enhance military operations by improving target detection and decision-making capabilities without conventional technologies. The company is actively engaging with defense contractors and preparing live demonstrations, while also integrating the Military Grid Reference System into its software to align with NATO standards, positioning itself as a key player in military technology advancements.
More about EYEFI Group Technologies Inc
SPARC AI Inc. operates in the defense technology industry, focusing on developing advanced target acquisition systems. Their primary product is a Target Acquisition System that determines geolocation coordinates of distant objects without relying on traditional technologies like radar, lidar, GPS, sensors, satellites, or image recognition software.
YTD Price Performance: 13.46%
Average Trading Volume: 14,727
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$3.85M
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