(TheNewswire)
May 1, 2024 – TheNewswire – Toronto, Canada – SPARC AI INC. (CSE: SPAI) (OTC:EGTTF) (Frankfurt:5OV0) (“ SPAI ” or the “ Company ”) ispleased to announce that it has successfully tested the SPARC AIapplication without the use of a camera.
The tests were successful with SPARC AI applicationworking and recording the geo location coordinates and distance toobjects.
Using the XYZ tilt of the device, SPARC AI algorithmscan determine the location of any object in the field. The algorithmscan work on any device or sensor and does not require a camera.
Integrating SPARC AI onto an AI microchip will allowthe Company to enable any device with powerful geospatialcapabilities. Devices can become geospatial aware without a camera andwithout the need to constantly connect to GPS, satellite, or theinternet.
“If you want to know the location of a distant objectaway from you, GPS is not going to tell you the geo location of theobject. GPS can only record the geo location of where you arestanding. The latest test and discovery will be transformative forSPARC AI. The launch of our microchip and APIs will allow ourcustomers to deploy AI enabled geospatial solutions, on any device, tosolve a broad range of use cases including those in defense.” saidCEO Anoosh Manzoori.
As we continue to make progress on the microchipintegration of SPARC AI algorithms, we will perform further testingusing the mobile application.
A recording of the test can be found here:
About SPARC AI
SPARC AI has developed and patented the S patial P redictive A pproximation and R adial C onvolution. This includes proprietaryalgorithms that uses proven mathematics to calculate the location ofdistant objects without using Satellite, GPS or the Internet. SPARC AIis developing a range of geospatial products using its core IP and isalso integrating these into a microchip to allow customers to activateSPARC AI on any of their camera device, including drones.
For more information contact:
Website: https://www.sparcai.co
Investor Presentation: ClickHere
Anoosh Manzoori, CEO SPARC AI INC. Email: anoosh@sparcai.net Phone: +61.3.9666338 |
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FORWARD LOOKING INFORMATION
This news release contains forward-looking statementsand forward-looking information within the meaning of applicablesecurities laws. These statements relate to future events or futureperformance. All statements other than statements of historical factmay be forward-looking statements or information.
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Accordingly, readers should not place undue reliance onthe forward-looking statements, timelines and information contained inthis news release. Readers are cautioned that the foregoing list offactors, assumptions and exclusions is not exhaustive.
The forward-looking statements and informationcontained in this news release are made as of the date hereof and noundertaking is given to update publicly or revise any forward-lookingstatements or information, whether as a result of new information,future events or otherwise, unless so required by applicablesecurities laws or the Canadian Securities Exchange. Theforward-looking statements or information contained in this newsrelease are expressly qualified by this cautionary statement.
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