WINKF - Windfall Geotek and Draganfly Inc Begin Testing of Groundbreaking Drone Based AI Solution for Landmine Detection
(TheNewswire)
DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBEDHEREIN
Brossard, Quebec - TheNewswire - February 11, 2021 -Windfall Geotek (TSXV:WIN ) ( OTC:WINKF), a mining services companyand a leader in the use of Artificial Intelligence (AI) and advancedknowledge-extraction techniques since 2005 in the mining sector ispleased to announce that they have begun field testing of theEagleEye™ Land mine detection solution with Draganfly (CSE: DFLY) (OTCQB: DFLYF) (FSE: 3U8) an award-winning, industry-leading drone solutions, and systemsdeveloper . This test included joint research,development, and engineering support for the development of drones andsensor equipment.
Approximately CAD $700,000,000 was spent by industryand government in 2018 to deal with this problem of LANDMINES ANDEXPLOSIVE REMNANTS OF WAR ( identify multiple APMand IED devices in a variety of terrain and contexts.
Please refer to the article below.
http://www.the-monitor.org/media/3074086/Landmine-Monitor-2019-Report-Final.pdf
Dinesh Kandanchatha, Chairman ofWindfall Geotek commented : “Draganfly hasinvested through 2020 in new capabilities in drone based magnetometertechnology and other remote sensing equipment . The depth of the Draganflyengineering team, drone services group and expert advisory in publicsafety was instrumental to get us to these first tests . ”
Cameron Chell, CEO of Draganflycommented: “Windfall Geotek is the industryleader in AI based digital exploration for mining. We have now theright mixture of equipment and data to begin testing this provenplatform on the global problem of landmines. The two companies share amission of saving lives through technology. These tests are criticalto generate new and expanded revenue streams for both companies in theDefence sector, public safety, and other markets where both companieshave expertise.”
See below link for short video:
About Windfall Geotek – Powered byArtificial Intelligence (AI) since 2005
Windfall is an Artificial Intelligence company that hasbeen in business for over 15 years developing its proprietary CARDSanalysis (AI) and data mining techniques. Windfall Geotek can count on a multidisciplinary team thatincludes professionals in geophysics, geology, ArtificialIntelligence, and mathematics. It combinesavailable public and private datasets including geophysical, drillhole and surface data. The algorithms designedand employed by Windfall are calculated to highlight areas of interestthat have the potential to be geologically similar to other golddeposits and mineralization. The Company'sobjective is to develop a new royalty stream by significantlyenhancing and participating in the exploration success rate of miningand to continue the Land Mine detection application as a highpriority. Windfall has played a part in numerouspast discoveries utilizing its methodology as described at: https://windfallgeotek.com/ .
About Draganfly
Draganfly Inc. (CSE: DFLY; OTCQB: DFLYF; FSE: 3U8) isthe creator of quality, cutting-edge drone solutions, software and AIsystems that revolutionize the way organizations can do business andservice their stakeholders. Recognized as being at the forefront oftechnology for over 22 years, Draganfly is an award-winning,industry-leader serving the public safety, agriculture, industrialinspections, security, mapping, and surveying markets. Draganfly is acompany driven by passion, ingenuity, and the need to provideefficient solutions and first-class services to its customers aroundthe world with the goal of saving time, money, and lives.
For more information on Draganfly, please visit usat www.draganfly.com .
For additional investor information,visit https://www.thecse.com/en/listings/technology/draganfly-inc , https://www.otcmarkets.com/stock/DFLYF/overview or https://www.boerse-frankfurt.de/aktie/draganfly-inc .
MediaContact
ArianHopkins
email:arian@businessinstincts.com
For further information, pleasecontact:
Michel Fontaine
Telephone: 514-994-5843
Email: michel@windfallgeotek.com
Website: www.windfallgeotek.com
Additional informationabout the Company is available under WindfallGeotek ’ s profile onSEDAR at www.sedar.com . Neither the TSX Venture Exchange nor does its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accept responsibility for the adequacy or accuracyof this release.
FORWARD-LOOKING STATEMENTS: This news release containsforward-looking statements, which relate to future events or futureperformance and reflect management’s current expectations andassumptions. Such forward-looking statements reflect management’scurrent beliefs and are based on assumptions made by and usinginformation currently available to the Company. Investors arecautioned that these forward-looking statements are neither promisesnor guarantees, and they are subject to risks and uncertainties thatmay cause future results to differ materially from those expected.These forward-looking statements are made as of the date hereof and,except as required under applicable securities legislation, theCompany does not assume any obligation to update or revise them toreflect new events or circumstances. All forward-looking statementsmade in this press release are qualified by these cautionarystatements and by those made in our filings with SEDAR in Canada(available at WWW.SEDAR.COM).
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